W&T Offshore names insider as CFO; shares drop

W&T Offshore

22/06/2023 15:21

(Updates)
    ** Shares of oil and gas producer W&T Offshore  WTI.N  fall
as much as 4.3% to almost a 12-month low of $3.76
    ** Co names its financial advisor Sameer Parasnis as chief
financial officer to succeed former CFO Janet Yang, who stepped
down on May 11
    ** Appointment is effective July 3    
    ** YTD, stock down nearly 32% 

 (Reporting by Anne Florentyna Gnanaraja Sekar in Bengaluru)
 ((AnneFlorentyna.GnanarajaSekar@thomsonreuters.com;))