Liberty Oilfield Services Inc. (LBRT) stock saw a significant surge in the pre-market session on Tuesday, soaring 5.38% ahead of the opening bell. The rally came after the company announced key leadership changes late on Monday.
Liberty Energy appointed Ron Gusek as its new Chief Executive Officer (CEO), succeeding the company's founder Chris Wright, who was recently confirmed as the US Secretary of Energy. Gusek has served as the President of Liberty Oilfield Services since 2016, bringing extensive experience within the organization to his new role.
Additionally, William Kimble was named as the Non-Executive Chairman of the Board, replacing Wright in this position as well. Kimble has been a member of the company's board since 2018, providing valuable insights and oversight.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.