G. Gleeson Van Riet became executive vice president and CFO of Swift Energy Co. effective March 20, according to a March 17 press release.
He succeeds Alton Heckaman, the current CFO, who announced his retirement in August 2016. Heckaman will remain with the company through the first quarter of 2017, afterward providing consulting support for the transition, the press release said.
Van Riet was previously the CFO of Sanchez Energy Corp., in positions of increasing responsibility from April 2013 to March 2016.
Previously, he was an investment banker with Credit Suisse and Donaldson, Lufkin & Jenrette in London and Los Angeles, and he has more than 20 years’ experience in finance.
Van Riet earned a dual bachelor’s of arts and bachelor’s of science degree from the University of Pennsylvania, and a master’s of business administration degree from the Harvard Business School.
Swift Energy Co. is based in Houston.
Recommended Reading
EIA: Oil Prices Could Move Up as Global Tensions Threaten Crude Supply
2024-02-07 - Geopolitical tensions in the Middle East and ongoing risks that threaten global supply have experts questioning where oil prices will move next.
What's Affecting Oil Prices This Week? (March 11, 2024)
2024-03-11 - Stratas Advisors expects oil prices to move higher in the middle of the year, but for the upcoming week, there is no impetus for prices to raise.
Oil Dips as Demand Outlook Remains Uncertain
2024-02-20 - Oil prices fell on Feb. 20 with an uncertain outlook for global demand knocking value off crude futures contracts.
Oil Prices Edge Lower on False Report of Israeli Ceasefire, Sustained OPEC Cuts
2024-02-01 - Oil prices fell 2% on the false speculation that Israel and Hamas had tenatively agreed to a ceasefire, but losses were subsequently pared.
Oil Rises After OPEC+ Extends Output Cuts
2024-03-04 - Rising geopolitical tensions due to the Israel-Hamas conflict and Houthi attacks on Red Sea shipping have supported oil prices in 2024, although concern about economic growth has weighed.