Vaalco CEO Guidry to retire; Bounds named to interim post

Steve Guidry, chief executive officer of Vaalco Energy Inc. since October 2013, will retire from the company and its board effective Sept. 1.

Cary Bounds, currently chief operating officer, will assume the role of interim chief executive officer beginning Sept. 1 while the board conducts a search for a new chief executive. 

Bounds joined Vaalco in July 2015 after a 5-year stint with Noble Energy Inc., where he held upstream positions in international assets management, including business unit manager, Equatorial Guinea assets; and country manager, North Sea

Guidry was appointed to Vaalco’s board when he joined the company and served as chairman from June 2014 until December 2015. He previously worked for 33 years at Marathon Oil Corp. in a number of senior executive roles, the final of which was vice-president of business development.

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