Gulfport Continues Board “Refreshment” – 5th Change in 2 Months

Valerie Jochen

In mid-November Gulfport Energy, one of the biggest drillers in the Ohio Utica Shale (210,000 acres), announced they would lay off 13% of their workforce, end (for now) their stock share buy-back program, and “refresh” the board with three new members (see Gulfport Fires 13% of Workers, Ends Stock Buy-Back, Board Changes). Five weeks later and the company announced yet another new board member (see Gulfport Continues Board “Refreshment” – 4th Change in 5 Weeks). And now, a fifth new board member in just a little over two months. What’s going on?

Please Login to view this content. (Not a member? Join Today!)
You do not have permission to view the comments.

Please Login to post a comment