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Russell Gifford retires Dec. 31 after 43 years at Barnwell; Philip Patman succeeds him as CFO.
Barnwell Industries announced that Russell M. Gifford will retire as CFO, Executive Vice President, and Treasurer on December 31, 2025, after 43 years with the company and 40 years as CFO.
Philip F. Patman, Jr., currently Executive Vice President - Finance, will succeed him in those roles.
The company, publicly traded since 1956, operates in energy, water well drilling, and real estate, with a current focus on expanding oil and gas operations in Alberta’s Twining Field.
Barnwell emphasized disciplined capital allocation and long-term shareholder value, while noting that forward-looking statements involve risks detailed in its SEC filings.
Russell Gifford se retira el 31 de diciembre después de 43 años en Barnwell; Philip Patman lo sucede como CFO.