Matt Gallagher, SPE, was appointed a member of Parsley Energy’s board of directors. He is currently the company’s president and COO, and will succeed current chairman of the board and CEO Bryan Sheffield as CEO in January 2019. Sheffield will serve as CEO through the end of 2018, in the newly created position of executive chairman throughout 2019, and as chairman of the board thereafter. Since joining the company in 2010, Gallagher has served in positions of increasing responsibility, including overseeing engineering and geoscience activities. Before joining Parsley, he served in engineering and investor relations functions with Pioneer Natural Resources between 2005 and 2010. He holds a BS in petroleum engineering from the Colorado School of Mines, serves on the board of directors of the Permian Basin Petroleum Association, and is a member of the West Texas Geological Society.