Marc Carroll will retire as senior vice president and CFO of Black Stone Minerals LP (NYSE: BSM), effective November 11.
Carroll will enter into a consulting arrangement into 2017 to help ensure an orderly transition to his successor. The partnership expects to name a new CFO upon Carroll’s retirement.
“Marc has been an integral part of the growth of Black Stone over the years,” said Thomas L. Carter, Jr., the partnership’s chairman, CEO, and president. “Since he joined the Partnership’s predecessor 12 years ago, he has helped the transformation of Black Stone into what it is today, most recently with last year’s initial public offering.”
Black Stone Minerals owns mineral interests and royalty interests in over 40 states and 60 onshore basins in the continental United States. The Partnership also owns and selectively participates as a non-operating working partner in established development programs, primarily on its mineral and royalty holdings.