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Houston-based oil and gas co. hires CEO after nearly year-long search

Olivia Pulsinelli
Houston-based oil and gas co. hires CEO after nearly year-long search

Houston-based Rosehill Resources Inc. (Nasdaq: ROSE) has named David French as its next president and CEO. French is expected to join the company on or before April 30, subject to completing his obligations at Calgary, Canada-based Obsidian Energy Ltd. (NYSE: OBE), where he has served as president and CEO since October 2016.  At Obsidian, French earned a base salary of $400,000 and total compensation of about $1.52 million for 2017, in Canadian dollars, according to a proxy statement the company released last April. In U.S. dollars, that would equal a base salary of $297,940.48 and total compensation of more than $1.13 million, based on the current exchange rate.