TXO Partners Announces Leadership Changes: Gary D. Simpson and Brent W.
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TXO Partners, L.P. (NYSE: TXO) announced that Bob R. Simpson will retire as CEO of the Company's general partner effective April 1, 2025, but will remain Chairman of the Board. Gary D. Simpson and Brent W. Clum will be promoted to Co-Chief Executives.
March 19, 2025 | 10:15 pm
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TXO Partners announced a leadership change with Bob R. Simpson retiring as CEO in April 2025, while Gary D. Simpson and Brent W. Clum will be promoted to Co-CEOs.
The announcement of a leadership change is significant for TXO Partners as it involves the retirement of the current CEO and the promotion of two new Co-CEOs. However, since the change is effective in 2025, the immediate impact on the stock price is likely neutral. The continuity provided by Bob R. Simpson remaining as Chairman may reassure investors.
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