I agree that I really don't see anything in his background that would qualify him to be CEO of an oil and gas company. Since I am not an insider I don't know what he has or hasn't done. It just appears that nothing is being done to raise the stock price. The one thing he has done is get a great salary and great stock options. I am just very frustrated that, at least from a stockholder's perspective, the only thing that has happened since he took over is the stock price dropping.
I was so hoping the stockholders would realize that putting Richard Carty in the position of President/CEO was a disastrous move. The stock has continued a downward move ever since he took the position. I am well aware of the impact of the drop in oil prices and the highs and lows of the energy industry. I worked in the industry for over 30 years. It just appears that Mr. Carty has done nothing to help Bonanza Creek recover its stock price at all and is certainly being paid a very substantial amount to do nothing. I believe that putting him in this position was a huge mistake by the Board. I am a fairly substantial stockholder and have lost a great deal of money in this stock and there doesn't appear to be anything happening to change the course of a downward spiral.