Evolution Petroleum (Evolution) announced that the Board of Directors has selected Kelly Loyd as President and Chief Executive Officer. Mr Loyd had been serving as Interim CEO since June 2022 and has served as a member of the Board of Directors since 2008. Mr Loyd has been a director of the Company since 2008 and has served as the chair of the Investment Committee of the Board. Since 2004, Mr Loyd has been associated with Petralis Energy Partners, LLC and JVL Advisors, LLC, where he was involved in and oversaw numerous upstream investments in private and public energy companies. From 2001 to 2004, he was an associate in the energy corporate finance investment banking group at RBC Capital Markets and Howard Frazier Barker Elliot. Prior to 2001, Mr Loyd was a founder and controller of L.A.B. Sports and Entertainment, Managing Partner of Tigre Leasing, L.L.P. and an analyst in Jefferies and Company, Inc.’s energy corporate finance investment banking group.
