Pioneer Natural Resources CEO to retire

Pioneer Natural Resources (NYSE: PXD) announced Thursday that CEO Tim Dove will retire, effective immediately.

Dove, who also serves on the company’s board of directors, joined Irving-based Pioneer about 24 years ago and was named CEO in 2016.

Scott Sheffield will replace Dove as chief executive, returning to a role that he previously held from 1997 to 2016. Ken Thompson will take over as chairman of the board, a position held by Sheffield since 1999.

A news release from Pioneer noted that Dove…

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