Leadership Transition and Commitment to Excellence at Helmerich & Payne, Inc.

Mark W. Smith, who is the Senior Vice President and Chief Financial Officer of Helmerich & Payne, Inc. (NYSE: HP), has announced his intention to retire in August 2024. The company has initiated a search process to identify suitable candidates for the CFO position, with Smith continuing in his role until a successor is appointed and effectively transitions into the position. Post-retirement, Smith will remain a senior advisor to the company until December 2024.

Reflecting on his tenure, Smith acknowledged the privilege of working for Helmerich & Payne, emphasizing the company’s rich history and achievements during his leadership. He expressed confidence in the company’s foundational strengths, affirming its position for continued leadership in the industry.

In response to Smith’s retirement announcement, President and CEO John Lindsay expressed gratitude for Smith’s nearly six years of service, highlighting his pivotal role in navigating challenging industry circumstances. Smith’s leadership was instrumental in reinforcing the company’s financial discipline and spearheading strategic organizational changes.

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