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Berry Corporation Appoints Fernando Araujo As CEO; Announces Management Succession Plan

Berry Corporation (Bry) BRY:

  • BERRY CORPORATION ANNOUNCES MANAGEMENT SUCCESSION PLAN, REINFORCES FOCUS ON SHAREHOLDER RETURN MAXIMIZATION

  • TREM SMITH, BERRY'S CURRENT BOARD CHAIRMAN, PRESIDENT AND CEO, TO BECOME EXECUTIVE CHAIRMAN

  • BERRY CORPORATION- BERRY'S CURRENT CHIEF OPERATING OFFICER FERNANDO ARAUJO TO BECOME CHIEF EXECUTIVE OFFICER; POSITION OF COO WILL BE ELIMINATED

  • BERRY'S CURRENT CHIEF ACCOUNTING OFFICER MIKE HELM TO BECOME CHIEF FINANCIAL OFFICER

  • CURRENT CFO & MEMBER OF BOARD CARY BAETZ WILL REMAIN IN BOARD ROLE AND AS SPECIAL ADVISOR HELPING IN TRANSITION UNTIL MARCH 2023

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