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ap

Credo Petroleum CEO James Huffman to retire

Credo Petroleum Chief Executive Officer James Huffman to retire at year end

  • On 2:08 pm EDT, Thursday September 3, 2009

DENVER (AP) -- Credo Petroleum Corp. said Thursday CEO James Huffman, plans to retire at the end of the year.

The Denver-based oil and natural gas company said its board of directors has begun a search for a new chief executive. Huffman will remain in his current job until a new CEO joins the company. He will continue to serve as chairman of the board, subject to board approval.

Shares of Credo Petroleum slid 32 cents, or 3 percent, to $10.53 in afternoon trading.

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