Kimmeridge to Propose Scott Sheffield for Coterra Energy Board Amid Strategic Overhaul
Investment firm Kimmeridge is set to nominate Scott Sheffield, ex-CEO of Pioneer Natural Resources, to join Coterra Energy's board as part of an activist effort aimed at reshaping the company’s strategy. Kimmeridge, holding just over 1% of Coterra, advocates a strategic divestment from natural gas in favor of concentrating on crude oil production i…