Vertex Energy Says James Rhame Will Be Retiring As COO, Effective July 25, 2024; Doug Haugh Named As Interim COO
Portfolio Pulse from Benzinga Newsdesk
Vertex Energy announced that James Rhame will retire as COO effective July 25, 2024, and will continue in a consulting role through the end of 2024. Doug Haugh, the current Chief Commercial Officer, will serve as interim COO.
July 17, 2024 | 9:01 pm
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James Rhame, COO of Vertex Energy, will retire on July 25, 2024, and will continue in a consulting role through the end of 2024. Doug Haugh, the current Chief Commercial Officer, will take over as interim COO.
The retirement of a key executive like the COO can have mixed impacts. While continuity is ensured with Rhame's consulting role and Haugh's interim appointment, the market may react cautiously until a permanent COO is named.
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