StockNews.AI
EOG
StockNews.AI
189 days

Donald F. Textor to Retire from EOG Resources Board of Directors

1. Donald F. Textor plans to retire from EOG's Board of Directors in 2025. 2. Textor served on EOG's Board for 24 years, contributing to its success. 3. His expertise in energy and analysis was critical during EOG's growth.

5m saved
Insight
Article

FAQ

Why Neutral?

Textor's retirement is notable but unlikely to affect EOG's stock price significantly. Past director changes have shown minimal impacts unless linked to operational shifts.

How important is it?

The retirement of a long-serving director is important but does not indicate instability. It is a routine change in leadership, maintaining corporate governance.

Why No Impact?

The retirement is a planned and expected transition. EOG is likely to manage this smoothly without impacting operations.

Related Companies

EOG
, /PRNewswire/ -- EOG Resources, Inc. (EOG) today announced that Donald F. Textor plans to retire from the Board of Directors at the end of his current term and not stand for re-election at EOG's 2025 annual stockholders meeting. Textor was first elected a Director of EOG in 2001, following his retirement as a General Partner and Managing Director for Goldman, Sachs & Co. where he devoted a distinguished 21-year career as a senior security analyst for domestic oil and gas exploration and production (E&P) companies. During his service on EOG's Board, Textor also leveraged his expertise in the energy industry as Portfolio Manager of the Dorset Energy Fund and a Partner of Knott Partners Management, LLC. "On behalf of EOG and the Board, I would like to thank Don for his dedicated service to EOG over the past 24 years," said Ezra Y. Yacob, Chairman and Chief Executive Officer. "Don's counsel and support were integral to EOG's success growing from a small E&P to become one of the largest and most successful independent E&P companies and a technology leader in the oil and gas sector. During his tenure, EOG successfully navigated multiple commodity price cycles and delivered exceptional shareholder value. We offer Don and his family our best wishes." About EOGEOG Resources, Inc. (NYSE: EOG) is one of the largest crude oil and natural gas exploration and production companies in the United States with proved reserves in the United States and Trinidad. To learn more visit www.eogresources.com.  Investor Contacts Pearce Hammond 713–571–4684 Neel Panchal 713-571-4884 Shelby O'Connor 713-571-4560 Media Contact Kimberly Ehmer 713-571-4676 SOURCE EOG Resources, Inc. WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM? 440k+ Newsrooms & Influencers 9k+ Digital Media Outlets 270k+ Journalists Opted In Also from this source

Related News