{"id":821096,"date":"2025-03-04T07:04:56","date_gmt":"2025-03-04T12:04:56","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/propetro-announces-departure-of-chief-financial-officer\/"},"modified":"2025-03-04T07:04:56","modified_gmt":"2025-03-04T12:04:56","slug":"propetro-announces-departure-of-chief-financial-officer","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/propetro-announces-departure-of-chief-financial-officer\/","title":{"rendered":"ProPetro Announces Departure of Chief Financial Officer"},"content":{"rendered":"<p>        <!--.bwalignc { text-align: center; list-style-position: inside }body {font:normal small Arial,Helvetica,sans-serif;color:#000;background-color:#fff;padding:24px;margin:0;} a img {border:0;} h3 {font-size:medium;color:#000;margin:0 0 1em 0; text-align:center;}-->  <\/p>\n<p class=\"bwalignc\"><b>ProPetro Announces Departure of Chief Financial Officer<\/b><\/p>\n<p>MIDLAND, Texas&#8211;(<a href=\"http:\/\/www.businesswire.com\">BUSINESS WIRE<\/a>)&#8211;<br \/>\nProPetro Holding Corp. (\u201cProPetro\u201d or the \u201cCompany\u201d) (NYSE: PUMP) today announced the departure of David Schorlemer, its Chief Financial Officer, effective March 3, 2025 (the \u201cSeparation Date\u201d).<\/p>\n<p>\nSam Sledge, Chief Executive Officer said: \u201cI want to thank David for his dedicated service to the Company for the past four and a half years. David has brought stability, experience and a strong commercial mindset to our executive team. Through his leadership, we have executed several accretive transactions, instituted a successful share repurchase program and developed deep and talented finance, accounting and technology functions. We are immediately commencing a search for David\u2019s replacement. I want to wish David success in his future endeavors.\u201d<\/p>\n<p>\nCelina A. Davila, currently the Chief Accounting Officer and principal accounting officer of the Company, will additionally assume the role of principal financial officer of the Company on an interim basis until a new Chief Financial Officer is appointed, effective as of the Separation Date.<\/p>\n<p>\nMr. Sledge commented: \u201cCelina is a key part of our leadership team and has led impressive development of our accounting function since her appointment as Chief Accounting Officer in November 2023. With the strong team she and David have helped to build, I am confident in our ability to continue to execute at a high level through this transitional period.\u201d<\/p>\n<p><b>About ProPetro<\/b><\/p>\n<p>\nProPetro Holding Corp. is a Midland, Texas-based provider of premium completion services to leading upstream oil and gas companies engaged in the exploration and production of North American unconventional oil and natural gas resources. We help bring reliable energy to the world. For more information visit <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.propetroservices.com&amp;esheet=54218419&amp;newsitemid=20250304162235&amp;lan=en-US&amp;anchor=www.propetroservices.com&amp;index=1&amp;md5=0d18cb4d4de600679f3647576951ca40\">www.propetroservices.com<\/a>.<\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20250304162235r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" style=\"width:0;height:0\" \/><span class=\"bwct31415\" \/><\/p>\n<p id=\"mmgallerylink\"><span id=\"mmgallerylink-phrase\">View source version on businesswire.com: <\/span><span id=\"mmgallerylink-link\"><a href=\"https:\/\/www.businesswire.com\/news\/home\/20250304162235\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20250304162235\/en\/<\/a><\/span><\/p>\n<p><b>Investor Contact:<br \/>\n<\/b><br \/>Matt Augustine<br \/>\n<br \/>Vice President, Finance and Investor Relations<br \/>\n<br \/><a rel=\"nofollow\" href=\"mailto:matt.augustine@propetroservices.com\">matt.augustine@propetroservices.com<br \/>\n<\/a><br \/>432-219-7620<\/p>\n<p><b>KEYWORDS:<\/b> United States North America Texas<\/p>\n<p><b>INDUSTRY KEYWORDS:<\/b> Oil\/Gas Energy<\/p>\n<p><b>MEDIA:<\/b><\/p>\n<table cellpadding=\"3\" cellspacing=\"3\">\n<tr>\n<td><font face=\"Arial\" size=\"2\"><b>Logo<\/b><\/font><\/td>\n<\/tr>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20250304162235\/en\/573930\/3\/ProPetro_PR.jpg\" alt=\"Logo\" \/><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\"><\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"<p>ProPetro Announces Departure of Chief Financial Officer MIDLAND, Texas&#8211;(BUSINESS WIRE)&#8211; ProPetro Holding Corp. (\u201cProPetro\u201d or the \u201cCompany\u201d) (NYSE: PUMP) today announced the departure of David Schorlemer, its Chief Financial Officer, effective March 3, 2025 (the \u201cSeparation Date\u201d). Sam Sledge, Chief Executive Officer said: \u201cI want to thank David for his dedicated service to the Company for the past four and a half years. David has brought stability, experience and a strong commercial mindset to our executive team. Through his leadership, we have executed several accretive transactions, instituted a successful share repurchase program and developed deep and talented finance, accounting and technology functions. We are immediately commencing a search for David\u2019s replacement. I want to wish David success in his future &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/propetro-announces-departure-of-chief-financial-officer\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;ProPetro Announces Departure of Chief Financial Officer&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-821096","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>ProPetro Announces Departure of Chief Financial Officer - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/propetro-announces-departure-of-chief-financial-officer\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"ProPetro Announces Departure of Chief Financial Officer - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"ProPetro Announces Departure of Chief Financial Officer MIDLAND, Texas&#8211;(BUSINESS WIRE)&#8211; ProPetro Holding Corp. (\u201cProPetro\u201d or the \u201cCompany\u201d) (NYSE: PUMP) today announced the departure of David Schorlemer, its Chief Financial Officer, effective March 3, 2025 (the \u201cSeparation Date\u201d). Sam Sledge, Chief Executive Officer said: \u201cI want to thank David for his dedicated service to the Company for the past four and a half years. David has brought stability, experience and a strong commercial mindset to our executive team. Through his leadership, we have executed several accretive transactions, instituted a successful share repurchase program and developed deep and talented finance, accounting and technology functions. We are immediately commencing a search for David\u2019s replacement. 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(\u201cProPetro\u201d or the \u201cCompany\u201d) (NYSE: PUMP) today announced the departure of David Schorlemer, its Chief Financial Officer, effective March 3, 2025 (the \u201cSeparation Date\u201d). Sam Sledge, Chief Executive Officer said: \u201cI want to thank David for his dedicated service to the Company for the past four and a half years. David has brought stability, experience and a strong commercial mindset to our executive team. Through his leadership, we have executed several accretive transactions, instituted a successful share repurchase program and developed deep and talented finance, accounting and technology functions. We are immediately commencing a search for David\u2019s replacement. 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