Helmerich & Payne names Todd Scruggs CFO

Helmerich & Payne, Inc. +0.78%

Helmerich & Payne, Inc.

HP

34.81

+0.78%

- Oilfield drilling firm Helmerich & Payne HP.N said on Monday it has appointed Todd Scruggs as chief financial officer, effective July 1, as current CFO Kevin Vann prepares to retire after serving for more than a year in the role.

  • Leadership update follows Trey Adams' appointment as president and CEO on March 4.

  • Kevin Vann to retire as CFO on June 30.

  • Company says move aligns leadership team with strategic priorities under Adams.

  • Scruggs joined H&P in 2024 and has led treasury, financial planning and analysis, and capital allocation efforts.