SandRidge Energy Names Industry Vet Paul McKinney As CEO

SandRidge Energy Inc. (NYSE: SD) said Jan. 28 that oil and gas industry veteran Paul D. McKinney has been named as the Oklahoma City-based E&P’s next president and CEO.

McKinney will join SandRidge, effective Jan. 29, from Yuma Energy Inc., where he served as the company’s president and COO. He succeeds William M. Griffin, who took over as SandRidge’s president and CEO last year after James Bennett was ousted in a victory for activist investor Carl Icahn.

SandRidge came under pressure from Icahn, who had objected to Bennett’s compensation and the company’s $746 million bid to buy rival Bonanza Creek Energy Inc. (NYSE: BCEI). Julian Bott, the company’s CFO, was also pressured to leave by Icahn in early 2018.