NEW YORK, May 5 (Reuters) - Gulfport Energy ( GPOR )
named Domenic Dell'Osso on Tuesday as the next chief executive
of the U.S. natural gas-focused producer.
The move, confirming news published by Reuters earlier in the
day, comes three months after Dell'Osso left the CEO role at
larger rival Expand Energy ( EXE ). Dell'Osso will assume the
Gulfport job on May 28, according to a company statement.
"Gulfport is incredibly well-positioned with a high-quality,
deep and concentrated asset base adjacent to growing demand
centers, a strong balance sheet and a talented team from top to
bottom," Dell'Osso said in the statement.
"The macro environment combined with the uniquely attractive
elements of this company create the foundation for long-term
success."
Known as Nick, Dell'Osso ran Expand Energy ( EXE ) as well as
Chesapeake Energy, which combined with Southwestern Energy in
2024 to create Expand. His departure, from a company he first
joined in 2008 and which included more than a decade serving as
chief financial officer of Chesapeake, was announced alongside
news that Expand was set to move its headquarters to Houston
from Oklahoma City by the middle of 2026.
Gulfport has been without a permanent CEO since it was announced
on March 9 that John Reinhart was leaving after three years atop
the company. It has been run in the interim by a board committee
headed by Chairman Timothy Cutt, who praised Dell'Osso as a
"proven leader with the strategic vision, financial discipline
and operational expertise to propel Gulfport forward".
Gulfport operates in Appalachian shale basins and Oklahoma's
Midcontinent formation.