Tom L. Ward is now chairman and chief executive officer of Riata Energy Inc. following the closing of his previously announced purchase of 46 percent of the company's common stock for $500 million, the company said Thursday.
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The co-founder and former president of Oklahoma City-based Chesapeake Energy Corp. said last month he will move Riata's headquarters and about 100 employees to Oklahoma City from Amarillo, Texas. Riata founder Malone Mitchell III will continue to serve as president, chief operating officer and director.
Also Thursday, Riata said Dirk M. Van Doren has joined the company as chief financial officer. Van Doren has served as vice president of high yield research at Goldman Sachs since 1999. He previously worked as managing director of equity research at Bear Stearns.
