Helmerich & Payne, Inc. (NYSE: HP) today announced the hiring of J. Kevin Vann as the chief financial officer designate, effective August 5, 2024. Vann will be appointed to succeed Mark W. Smith as chief financial officer (CFO) upon Smith’s retirement from that position, which as previously announced, will occur on August 15, 2024. Vann brings extensive public company financial and accounting experience in the oil and gas industry, which will be instrumental as H&P continues to grow and expand its market presence.
Before joining H&P, he served as chief financial officer at WPX Energy, Inc. (NYSE: WPX) from 2014 to 2021. Prior to becoming chief financial officer for WPX, he served as the company’s chief accounting officer and controller from 2012 to 2014. From 2007 to 2011, Vann served as controller of the exploration and production business of The Williams Companies, Inc. (NYSE: WMB) and in various other financial and accounting roles for Williams from 1998 to 2006.
“We are excited to welcome Kevin to the H&P team. His experience and vision align with our company’s strategic goals. With Kevin’s background in M&A we are confident that his leadership will continue to maintain and strengthen our existing financial policies, financial strategy and performance as we look forward to closing our planned acquisition of KCA Deutag,” said John Lindsay, president and CEO of H&P. “H&P’s long-term financial discipline is a cornerstone of our ability to fulfill our commitments to customers, shareholders and employees.”
About Helmerich & Payne, Inc.
Founded in 1920, Helmerich & Payne, Inc. is committed to delivering industry leading drilling productivity and reliability. H&P operates with the highest level of integrity, safety and innovation to deliver superior results for our customers and returns for shareholders. Through its subsidiaries, the Company designs, fabricates and operates high-performance drilling rigs in conventional and unconventional plays around the world. H&P also develops and implements advanced automation, directional drilling and survey management technologies.