Magnolia Oil & Gas Corp. has promoted Christopher Stavros to president and chief executive officer and appointed him to the board of directors, effective immediately.
Stavros, who currently serves as executive vice-president and chief financial officer, replaces Stephen Chazen, who has served as chairman, president, and chief executive officer since 2018 as he “will no longer be able to serve in his positions due to serious health reasons,” the company said in a release Sept. 21.
Stavros will continue in the chief financial officer role until a permanent successor is appointed, the company said.
