(Reuters) - Centennial Resource Development Inc (O:CDEV) said on Monday shale pioneer and Chief Executive Officer Mark Papa would retire at the end of May.
Papa, who is the chairman of Centennial as well as Schlumberger (N:SLB), had built independent energy producer EOG Resources Inc (N:EOG) into one of the most profitable U.S. shale companies.
Centennial named Sean Smith as CEO and Steven Shapiro as non-executive chairman, separating the two roles.
