Research Reports

Key takeaways

Christopher P. Calvert promoted to Executive Vice President and Chief Financial Officer effective April 21, 2026.

Glenn W. Stetson promoted to Executive Vice President and Chief Operating Officer effective April 21, 2026.

Robert T. Macalik ceased serving as Chief Financial Officer on April 21, 2026.

Calvert previously served as EVP and COO since joining in October 2014.

Stetson previously served as EVP – Production since joining in August 2014.

Macalik's departure not due to any financial, accounting issues or disagreements with the Company.

Full analysis

The promotions of Christopher P. Calvert to CFO and Glenn W. Stetson to COO represent internal advancement of experienced executives who joined Matador in 2014 and have served on the Executive Committee. Calvert's operational background and relationships with stakeholders position him to lead finance effectively, while Stetson's team-building in production and operations supports ongoing execution. Robert T. Macalik's departure as CFO is explicitly stated as unrelated to any issues, ensuring continuity in financial leadership without disruption.

MTDR · Matador Resources Company

Summary

Key takeaways

Full analysis