Oil and gas firm W&T Offshore has announced that Janet Yang, executive vice president and chief financial officer, will leave the company on May 11, 2023.
Yang will leave the company after W&T’s first-quarter earnings release and the company’s 10-Q filing. The oil and gas player said in a statement that Yang and her family will be moving to another city for family reasons.
W&T will begin a formal search for a successor shortly, but until a suitable replacement is found, Trey Hartman, currently vice president and chief accounting officer, will serve as interim CFO.
“We would like to thank Janet for her leadership and the many contributions she made to W&T during her 14 years with the company and wish her and her family the best of luck in her upcoming move. Janet has truly been a integral member of our executive leadership team and has contributed significantly to the multitude of successes we have achieved over the years, including key strategic and financial initiatives,” said Tracy W. Krohn, W&T President and CEO.
“We also thank Trey for his intervention during this transition period. With his extensive management experience and knowledge of our company, combined with our strong accounting, financial reporting, investor relations, finance, treasury and control teams that we have, I’m sure all the responsibilities and skills related to the CFO’s office will be sustained for a smooth transition,” Krohn added.
“I want to express my sincere gratitude to Tracy and the board for the many opportunities afforded me and the trust placed in me during my 14-year tenure at W&T. Additionally, it has been a true honor and privilege to work at alongside an extremely talented and dedicated team at W&T, and I will greatly miss being here,” said Yang.
As for the interim CFO, Hartman joined W&T Offshore as controller in April 2021 and was named vice president and chief accounting officer in May 2022.
He previously served as Vice President and Controller of Sheridan Production from 2015 to 2020. Prior to joining Sheridan, Hartman held the same role at Halcon Resources from 2012 to 2015. Hartman also worked for Petrohawk Energy from 2006 to 2011 and at BHP Billiton from 2011 to 2011. 2012. Began his career in the audit practice of PricewaterhouseCoopers in 1997.
To contact the author, please email andreson.n.paul@gmail.com
