Rosetta Executive Vice President Charles Chambers will serve as acting President and CEO. Chambers and Chief Financial Officer Michael J. Rosinski will constitute the executive team to manage the company's activities during this interim period. With a combined 67 years of leadership experience in the oil and gas industry, Chambers and Rosinski are seasoned energy executives that have helped build the company since its inception.
"Rosetta possesses a top-tier asset base, talented employees and a strong balance sheet and will continue to thrive during this transition period," said Chambers, acting President and CEO. "We wish Bill well and thank him for his contributions."
Henry Houston, currently chair of Rosetta's audit committee, has been named Chairman of the Board. He will lead the Board in its search to identify a permanent CEO. Houston has held several leadership positions in the energy industry including CFO of C & K Petroleum and CEO of KP Exploration, a subsidiary of Kidder Peabody.
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