U.S. Energy Corp. Announces Appointment of New Chief Financial Officer
06 June 2023 - 6:15AM
U.S. Energy Corp. (NASDAQCM: USEG) (“U.S. Energy”
or the “Company”) today announced that Mark Zajac has been
appointed Chief Financial Officer (“CFO”), effective June 1, 2023.
Mr. Zajac brings 30 years of leadership experience across energy
and finance, primarily as a Partner and national industry leader
with KPMG.
"I look forward to welcoming Mark to the U.S.
Energy team," said Ryan Smith, President and Chief Executive
Officer of U.S. Energy. "Mark’s expertise as a seasoned financial
leader with deep experience in both the overall energy sector and
in public accounting will serve us well as we continue working
towards executing the Company’s strategic goals. He has a breadth
of experience in building impactful teams and relationships that
will help continue developing U.S. Energy and advancing our
initiatives, all with the goal of delivering meaningful long-term
value to our shareholders."
Mr. Zajac began his public accounting career in
1994 with Arthur Andersen and later joined KPMG where he was a
partner and national industry leader for many years prior to his
retirement. Mr. Zajac’s career includes serving a variety of public
and private companies throughout the energy value chain, including
exploration and production, master limited partnerships, trading
and marketing, independent power sectors and Special Purpose
Acquisition Companies as well as extensive experience with
securities and exchange offerings, mergers and acquisitions and
global accounts. These experiences have exposed him to a wide
variety of business experiences including PCAOB requirements, IPOs,
emerging accounting and industry views, internal control
effectiveness assessments, security offerings and various rules and
regulations of the Securities and Exchange Commission. Mr. Zajac
earned his Bachelor of Business Administration and Master of
Business Administration, from Texas Tech University. He is a
licensed Texas Certified Public Accountant.
Mr. Zajac succeeds Mr. Smith, who has held the
CFO position since May 2017. Mr. Smith remains President, Chief
Executive Officer and a Director.
About U.S. Energy Corp.
We are a growth company focused on consolidating
high-quality producing assets in the United States with the
potential to optimize production and generate free cash flow
through low-risk development while maintaining an attractive
shareholder returns program. We are committed to ESG
stewardship and being a leader in reducing our carbon footprint in
the areas in which we operate. More information about U.S.
Energy Corp. can be found at www.usnrg.com.
Corporate Contact:
Mason McGuireDirector of Corporate DevelopmentIR@usnrg.com(346)
509-8734www.usnrg.com
US Energy (NASDAQ:USEG)
Historical Stock Chart
From Apr 2024 to May 2024
US Energy (NASDAQ:USEG)
Historical Stock Chart
From May 2023 to May 2024