Hydrocarbon and energy business software provider Quorum appointed Jordan Copland as executive vice president and CFO, the company said Sept. 20.
Copland succeeds Rick Piacenti as CFO. After a transition period, Copland will become responsible for Quorum's growth strategies, overseeing financial operations. He will report to Perry Turbes, CEO.
Copland joined Quorum from Omnitracs LLC fleet management company, where he was CFO.
Before joining Omnitracs, Copland was CFO at both Harbor Freight Tools and e-commerce solutions company GSI Commerce.
He also previously worked in senior finance and business development for The Walt Disney Co. during his nine years of employment there.
Quorum said it plans to announce new, enhanced solutions for oil and gas field operations later in the fall.
Recommended Reading
Equinor Says EQT Swap Upgrades International Portfolio
2024-04-30 - Equinor CFO Torgrim Reitan says the company’s recent U.S. asset swap with EQT Corp. was an example of the European company “high-grading” its international E&P portfolio.
E&P Highlights: April 29, 2024
2024-04-29 - Here’s a roundup of the latest E&P headlines, including a new contract award and drilling technology.
Kosmos Energy’s RBL Increased, Maturity Date Extended
2024-04-29 - Kosmos Energy’s reserve-based lending facility’s size has been increased by about 8% to $1.35 billion from $1.25 billion, with current commitments of approximately $1.2 billion.
Barnett & Beyond: Marathon, Oxy, Peers Testing Deeper Permian Zones
2024-04-29 - Marathon Oil, Occidental, Continental Resources and others are reaching under the Permian’s popular benches for new drilling locations. Analysts think there are areas of the basin where the Permian’s deeper zones can compete for capital.
NOV Announces $1B Repurchase Program, Ups Dividend
2024-04-26 - NOV expects to increase its quarterly cash dividend on its common stock by 50% to $0.075 per share from $0.05 per share.