Business
Helmerich & Payne Announces John Lindsay Retirement, Appoints Trey Adams as Next CEO
TULSA, Okla., December 11, 2025--The Board of Directors of Helmerich & Payne, Inc. (NYSE: HP) announced today that Chief Executive Officer (CEO) John Lindsay will retire as CEO and director following the Annual Meeting of Stockholders on March 4, 2026. The Board has appointed Raymond John "Trey" Adams, President, to succeed Lindsay as CEO, effective following the Annual Meeting and has nominated Adams to stand for election to the Board at the Annual Meeting. Lindsay will continue serving as a se
About this update from Helmerich & Payne, Inc.
[{"type":"image","alt":"","displaySize":"","headline":null,"caption":"","credit":null,"className":"","disableSlideshowImg":false,"size":{"original":{"width":480,"height":335,"url":"https://media.zenfs.com/en/business-wire.com/36b1a7db5db798391c055a7da6e89a79"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/j985tXYIEMVFj6vEYV4gPw--/YXBwaWQ9aGlnaGxhbmRlcjt3PTk2MDtoPTY3MDtjZj13ZWJw/https://media.zenfs.com/en/business-wire.com/36b1a7db5db798391c055a7da6e89a79","width":480,"height":335}},"lazy":false},{"type":"text","content":"TULSA, Okla., December 11, 2025--(BUSINESS WIRE)--The Board of Directors of Helmerich & Payne, Inc. (NYSE: HP) announced today that Chief Executive Officer (CEO) John Lindsay will retire as CEO and director following the Annual Meeting of Stockholders on March 4, 2026. The Board has appointed Raymond John "Trey" Adams, President, to succeed Lindsay as CEO, effective following the Annual Meeting and has nominated Adams to stand for election to the Board at the Annual Meeting. Lindsay will continue serving as a senior advisor through December 2026 to support a smooth transition.","length":597,"tagName":"p"},{"type":"text","content":""We are pleased to announce Trey’s promotion to CEO. This is the next logical step in the company’s succession process that has been underway for several years," said Hans Helmerich, Chairman the Board. "Trey brings proven operational excellence, leadership skills and a clear vision for innovation and growth. He embodies the H&P Way and the future of our company."","length":390,"tagName":"p"},{"type":"text","content":""I am grateful for the trust the Board has placed in me and honored to follow John’s leadership," Adams said. "John has successfully guided H&P through some of the most important chapters in our history, and his impact will be felt for years to come. Our focus remains the same: our people, safety, performance, technology and partnership with our customers. I am excited for what we will achieve together in the years ahead."","length":450,"tagName":"p"},{"type":"text","content":"Adams has worked across many parts of the business and led programs that combine drilling know-how with integrated technology to deliver value for customers. As President and CEO, Adams will continue to focus on performance, safety, customer partnerships, dis...