Infinity Hires Deal CFO, Encino Finance Man; Sproule Out the Door

Infinity Natural Resources (INR) put out two press releases Monday night. One was second quarter earnings (we'll cover that separately after today's call). The other one is the interesting one. Infinity announced that Cary Baetz will become Executive Vice President and Chief Financial Officer, and Andrew Judge will become Senior Vice President of Finance, both effective Aug. 12. Current CFO David Sproule — the man who financed Infinity from private company through its January 2025 IPO — is out the same day. In July, we wrote that Infinity was quietly assembling a board built for deal-making (see Infinity Adds Deal-Maker (Former Olympus Energy CEO) to Board). Monday's announcement extends that pattern from the boardroom into the C-suite. And the 8-K tells you a bit more than the press release does.

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