Jason Pigott will succeed Randy A. Foutch as chief executive officer of Laredo Petroleum Inc., Tulsa, effective Oct. 1, and continue as president(OGJ Online, Apr. 25, 2019).
Foutch will remain chairman of Laredo’s board through the company's 2020 annual meeting but will not stand for reelection to the board.
The roles of chairman and chief executive officer will remain separate and the future chairman will be independent, the company said.