ET 16:03

PEDEVCO CEO J. Douglas Schick Steps Down; Reagan Tuck Dukes Named Interim Chief

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Operational

PEDEVCO Corporation (PED) announced Monday that J. Douglas Schick has stepped down as chief executive officer. The oil and gas company appointed Chief Operating Officer Reagan Tuck Dukes as interim CEO, effective immediately. The company did not disclose a reason for Schick's departure or a timeline for naming a permanent successor. Dukes, who previously served as COO, assumes leadership of PEDEVCO's operations and strategic direction on an interim basis. PEDEVCO is headquartered in Houston, Texas, with oil and gas assets in the Permian Basin and the Gulf Coast region. The leadership transition comes as the company continues to manage its producing properties and development portfolio.

EditorThomas Ho