Baytex shakes up management structure
Baytex Energy Corp. has announced changes to its board of directors and management team.
According to a company press release, “Baytex has an ongoing board renewal process led by its Nominating and Governance Committee. In the last year, we have significantly restructured our board. Throughout this renewal process, our intent has been to create an efficient, diverse and independent board with complementary skill sets suited to our business.”
Following these guidelines, the company has welcomed Jennifer Maki as a director on September 9, appointing her to the Audit and Human Resources and Compensation committees, while Kevin Olson has stepped down from the board of directors to concentrate on his other business ventures.
Executive Vice President and COO Jason Jaskela and Jonathan Grimwood, vice president, exploration, are no longer with the corporation, with those operating business units now reporting directly to President and CEO Ed LaFehr.