Cobalt elects Hagale to board of directors

Cobalt International Energy Inc. (NYSE: CIE) has elected John E. Hagale to the company’s board of directors. His election brings the number of directors to 10. Hagale’s initial term as a director is effective March 1, and will expire at Cobalt’s 2018 Annual Meeting of Stockholders. Upon joining the board of directors, Hagale will be appointed as a member of Cobalt’s Audit Committee.

Hagale served as executive vice president and CFO of Rosetta Resources Inc. from November 2011 until its merger with Noble Energy Inc. in July 2015. Prior to joining Rosetta, he was executive vice president, CFO, and chief administrative officer of the Methodist Hospital System from June 2003 through October 2011. He was also employed with Burlington Resources Inc. and its predecessor Burlington Northern Inc. for 15 years, where he held a series of executive financial positions with increasing responsibilities, including executive vice president and CFO of Burlington Resources. Hagale began his career with Deloitte Haskins and Sells. He holds a Bachelor of Business Administration degree in accounting from the University of Notre Dame. He has more than 30 years of financial and accounting experience and is a certified public accountant.

Cobalt is an independent exploration and production company active in the deepwater US Gulf of Mexico and offshore West Africa. The company was formed in 2005 and is headquartered in Houston, Texas.

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