Parker to step down as Delta Petroleum chief executive

Roger Parker, chairman and chief executive of Delta Petroleum Corp., Denver, is resigning to pursue other business interests.

By OGJ editors
HOUSTON, May 27 -- Roger Parker, chairman and chief executive of Delta Petroleum Corp., Denver, is resigning to pursue other business interests.

Daniel Taylor was elected chairman to succeed Parker. Taylor is a Delta director since February 2008 and an executive of Tracinda Corp., Delta's largest shareholder with 34%.

Delta's board formed a committee to search for a new chief executive officer. John Wallace continues as president and will function as Delta's senior executive officer until a new chief executive is found.

Parker had been with Delta for 22 years.

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