Gallagher to become Parsley CEO next year

Jan. 17, 2018
Matt Gallagher, president and chief operating officer of Parsley Energy Inc., Austin, will become chief executive officer in January 2019 under a plan announced earlier this month. 

Matt Gallagher, president and chief operating officer of Parsley Energy Inc., Austin, will become chief executive officer in January 2019 under a plan announced earlier this month.

He will succeed Bryan Sheffield as CEO. Sheffield, who also has been chairman, will serve as CEO through 2018 then become executive chairman, a new position, in a move to separate the roles of chairman and CEO. After serving as executive chairman through 2019, Sheffield will become chairman.

Gallagher joined Parsley in 2010 and has been president and COO since January last year.