Legendary U.S. oilman Harold Hamm, who once called the Organization of the Petroleum Exporting Countries a “toothless tiger,” will step down as chief executive of Continental Resources and take a board role, the company said on Wednesday. Hamm will be replaced by William Berry, a former ConocoPhillips executive and Continental board member, as of Jan. 1, and become executive chairman. Shares of Continental closed at $33.30 on Wednesday, up a fraction prior to the announcement. …read more
Source:: Yahoo Finance
