July 27, 2015 – Warren Resources, Inc. has retained Egon Zehnder to lead its search for a new chief executive officer. Lance Peterson currently serves as the company’s interim CEO. Past CEO Philip A. Epstein resigned from his position this past December to pursue other opportunities. “We are now ready to dedicate the necessary time and resources to conducting a search for a permanent CEO,” said Dominick D’Alleva, Warren’s interim chairman. “To the right candidate, we are pleased to offer an attractive opportunity to shape the next phase of the company’s growth, including a strategic review of all assets and offices in the company’s portfolio.”
Warren Resources is an independent energy company engaged in the acquisition, exploration, development and production of domestic oil and natural gas reserves. Warren’s activities are primarily focused on oil in the Wilmington field in the Los Angeles Basin in California, natural gas in the Marcellus Shale in Pennsylvania, and an undeveloped acreage position in the Washakie Basin of Wyoming.
Egon Zehnder specializes in the recruitment and leadership solutions business with more than 400 consultants operating from 41 countries. The firm’s CEO succession practice includes a team of consultants who bring a unique global best practices rigor to fulfilling top-level chief executive assignments. Egon Zehnder has recently placed David Stevenson as the CEO of the Western Bulldogs; the firm is currently leading CEO searches for Adidas and Standard Chartered Plc., among others.
Contributed by Dale M. Zupsansky, Managing Editor, Hunt Scanlon Media