California Resources Corporation Announces the Nomination of Christian S. Kendall to Its Board of Directors
19 Março 2024 - 10:00AM
Business Wire
California Resources Corporation (NYSE: CRC) announced today
that the Board of Directors has nominated Christian S. (Chris)
Kendall to stand for election as a director at CRC’s 2024 Annual
Meeting of Stockholders. Mr. Kendall is the former President and
Chief Executive Officer of Denbury.
“As we continue creating long-term sustainable value at CRC and
CTV, Mr. Kendall will bring significant strategic insights to
navigate the growth and development of our low carbon intensity oil
and natural gas and carbon management businesses,” said Francisco
Leon, CRC’s President and Chief Executive Officer.
“Mr. Kendall has a strong and proven record of accomplishments
in the new and always evolving energy sector,” added Tiffany (TJ)
Thom Cepak, CRC’s Chair of the Board of Directors. “CRC’s senior
leadership team and the Board look forward to leveraging Mr.
Kendall’s extensive industry experience as we work together to
execute our corporate strategy.”
Prior to joining Denbury in 2015, Mr. Kendall worked at Noble
Energy, Inc., where he served as a member of Noble’s executive
management and operations leadership team as Senior Vice President,
Global Operations Services. Prior to that, Mr. Kendall served in
several other executive and management roles of increasing
responsibility with Noble beginning in 2001. Mr. Kendall’s career
in the oil and natural gas industry began in 1989 at Mobil Oil
Corporation. Mr. Kendall has served as the Chairman of the Board of
the Dallas Division of the American Heart Association and is a
member of National Petroleum Council.
Mr. Kendall holds a Bachelor of Science degree in Engineering
with a Civil Specialty from the Colorado School of Mines and has
also completed the Advanced Management Program at the Harvard
Business School.
About California Resources
Corporation
CRC is an independent energy and carbon management company
committed to energy transition. CRC produces some of the lowest
carbon intensity oil in the US and is focused on maximizing the
value of its land, mineral and technical resources for
decarbonization efforts. For more information about CRC, please
visit www.crc.com.
Important Additional Information
California Resources Corporation (the “Company”), its directors
and certain of its executive officers may be deemed to be
participants in the solicitation of proxies from the Company’s
stockholders in connection with any matters that would be
considered at the Company’s 2024 annual meeting of stockholders,
currently scheduled for May 3, 2024 (including any adjournment or
postponement thereof, the “2024 Annual Meeting”). The Company
intends to file a definitive proxy statement with the SEC in
connection with any solicitation of proxies from the Company’s
stockholders with respect to the 2024 Annual Meeting. STOCKHOLDERS
OF THE COMPANY ARE STRONGLY ENCOURAGED TO READ SUCH PROXY STATEMENT
AND ALL OTHER DOCUMENTS FILED WITH THE SEC CAREFULLY AND IN THEIR
ENTIRETY WHEN THEY BECOME AVAILABLE AS THEY WILL CONTAIN IMPORTANT
INFORMATION RELATING TO THE 2024 ANNUAL MEETING. The definitive
proxy statement for Company’s 2023 annual meeting of stockholders
contained information regarding the direct and indirect interests,
by security holdings or otherwise, of the Company’s directors and
executive officers in the Company’s securities. Information
regarding subsequent changes to their holdings of the Company’s
securities can be found in the SEC filings on Forms 3, 4 and 5,
which are available through the SEC’s website at www.sec.gov.
Updated information regarding the identity of potential
participants, and their direct or indirect interests in the matters
to be considered at the 2024 Annual Meeting, by security holdings
or otherwise, will be set forth in the definitive proxy statement
and other materials that the Company anticipates filing with the
SEC in connection with the 2024 Annual Meeting. Stockholders will
be able to obtain the definitive proxy statement with respect to
the 2024 Annual Meeting, including any amendments or supplements to
such proxy statements and other documents, if any, filed by the
Company with the SEC at no charge at the SEC’s website at
www.sec.gov. Copies would also be available at no charge on the
Company’s website at www.crc.com.
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version on businesswire.com: https://www.businesswire.com/news/home/20240319793934/en/
Joanna Park (Investor Relations) 818-661-3731
Joanna.Park@crc.com
Richard Venn (Media) 818-661-6014 Richard.Venn@crc.com
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