ProPetro rejigs management after internal probe into accounting disclosures

Dale Redman will no longer be the principal executive, but will remain on as chief executive officer. Phillip Gobe, currently board chairman, will take over as the company’s executive chairman and serve as the principal executive officer, responsible for its annual and quarterly reports. ProPetro said its chief accounting officer had resigned, while chief financial officer moved to the role of chief administrative officer. …read more

Source:: Yahoo Finance