Richard Scott Sloan has been appointed executive vice-president and chief financial officer of Vanguard Natural Resources Inc., Houston. He succeeds Richard A. Robert in both roles.
Sloan will remain on the board, where he has served since August 2017, but step down from his roles as chair of the audit committee and member of the compensation committee.
He previously held various senior leadership positions over his 27-year career at BP PLC and Hess Corp., including senior vice-president of strategy, commercial, and new business development at Hess and president of BP Russia and several regional CFO roles at BP.
“On behalf of the entire board, I would like to thank Richard for his dedication and many years of service, especially during a critical time for the company as it emerged from its Chapter 11 reorganization,” commented Joseph Citarrella, chairman of Vanguard Natural Resources.
Vanguard Natural Resources this summer completed its financial restructuring and emerged from Chapter 11.