Callon Petroleum CEO Fred Callon dies

  • He has been on the job as CEO at Callon Petroleum for around 20 years
  • Search for a successor

(exechange) — Natchez, Mississippi, May 25, 2017 — Fred Callon, chief executive of Callon Petroleum, has died. Callon Petroleum announced his death on Thursday, May 25, 2017. Fred L. Callon has been on the job as Chief Executive Officer at Callon Petroleum Company for around 20 years.

Callon Petroleum will undertake a search for a successor.

“Died suddenly and unexpectedly”

Callon Petroleum said: “Chairman and Chief Executive Officer, Fred L. Callon, died suddenly and unexpectedly on May 24, 2017.”

On the job as CEO since 1997

Fred L. Callon has been Chairman of the Board of the Company since May 2004 and President and Chief Executive Officer of the Company since January 1997.

Prior to January 1997, he was President and Chief Operating Officer of the Company, positions he had held with the Company or its predecessors since 1984.

He has been employed by the Company or its predecessors since 1976.

Callon graduated from Millsaps College in 1972 and received his M.B.A. degree from the Wharton School of Finance in 1974.

Following graduation and until his employment by Callon Petroleum Operating Company, he was employed by Peat, Marwick, Mitchell & Co., certified public accountants.

He is son of the late Sim C. Callon, one of the Company’s co-founders, and the nephew of the late John S. Callon, the other co-founder.

Callon has been involved in the oil and gas industry most of his life and has developed a wide network of personal and business relationships within the oil and gas industry.

Push-out Score not determined

When the reason for the departure is death, a Push-out Score™ is not determined.

Read the full story in the exechange report 22.2017 ($).