SandRidge Energy announced changes to its board and management with the appointment of Vincent Intrieri as Jonathan Frates’ successor as chairman of the board of directors, according to a Oct. 1 press release.
Frates will step down as chairman of the board, effective Oct. 1, to transition to the role of executive vice president and CFO of SandRidge, effective Oct. 21, SandRidge said.
Additionally, Brandon Brown Sr., CFO of SandRidge since September 2023, will assume the role of senior vice president and chief accounting officer.
Brown also served as the company's corporate controller since June 2020.
Intrieri is the founder and CEO of VDA Capital Management, a private investment fund founded in 2017.
He has served in various leadership roles in the energy space, including senior managing director of Icahn Onshore, director of Transocean since 2014 and Chesapeake Energy from 2012 to 2016, the release stated.
Frates most recently served as investment director of Miami-based Vision One Management Partners from July 2022 to September 2024. Prior to Vision One, he was managing director of holding company Icahn Enterprises from November 2015 to July 2021.
Recommended Reading
US Crude Stocks Rise, Gasoline and Distillate Inventories Fall, EIA Says
2024-11-14 - U.S. crude stocks rose while gasoline and distillate inventories fell in the week ending Nov. 8.
US Crude Oil Stocks, Excluding SPR, Fall to 2-Year Low, EIA Says
2025-01-15 - Crude inventories fell by 2 MMbbl to 412.7 MMbbl in the week ending Jan. 10, the EIA said, compared with analysts' expectations in a Reuters poll for a 992,000-bbl draw.
US Crude Stocks Fell Last Week as Exports Jumped, EIA Says
2024-12-18 - Crude inventories fell by 934,000 bbl to 421 MMbbl in the week, the EIA said, compared with analysts' expectations in a Reuters poll for a 1.6-MMbbl-draw.
Oil Prices Rise as OPEC+ Considers Delaying December Output Increase
2024-10-30 - Oil prices rose more than 2% on Oct. 30 after Reuters reported that OPEC+ could delay a planned oil production increase in December by a month or more because of concern over soft oil demand and rising supply.
Cushing Crude Storage Levels Near All-Time Lows
2025-01-16 - Near-empty tanks can cause technical and price problems with oil, an East Daley Analytics analyst says.
Comments
Add new comment
This conversation is moderated according to Hart Energy community rules. Please read the rules before joining the discussion. If you’re experiencing any technical problems, please contact our customer care team.