Item 5.02. Departure of Directors or Certain Officers; Election of Directors;
Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On December 18, 2012, Laredo Petroleum Holdings, Inc. (the "Company") announced
that its Board of Directors has appointed Richard C. Buterbaugh as Executive
Vice President and Chief Financial Officer. The appointment was effective as of
December 17, 2012. Mr. Buterbaugh replaces W. Mark Womble as Chief Financial
Officer, who previously announced his planned retirement. Mr. Womble will remain
with the Company in an advisory capacity until March 2013.
Mr. Buterbaugh, 57, joined the Company in June 2012 as Senior Vice President -
Investor Relations and will continue to be responsible for the Company's
investor relations activities. From March 2007 to June 2011, he was Vice
President - Investor Relations and Corporate Planning at Quicksilver Resources,
Inc. From November 1989 to August 2006, he was with Kerr-McGee Corp., most
recently as Vice President of Corporate Planning and previously as Vice
President of Investor Relations and Communications. After leaving Quicksilver
Resources, Inc. and prior to joining the Company, he was a consultant for oil
and gas finance and management projects. Mr. Buterbaugh has 35 years of
corporate finance, planning and investor relations experience in the oil and gas
industry. He holds a Bachelor of Science degree in accounting from the
University of Colorado - Boulder.
In connection with his new position, the Board of Directors granted Mr.
Buterbaugh 14,780 shares of the Company's restricted stock under the Company's
Omnibus Equity Incentive Plan, which will vest ratably over the next three
years.
Item 7.01. Regulation FD Disclosure.
On December 18, 2012, the Company issued a press release announcing the
appointment of Richard C. Buterbaugh as Executive Vice President and Chief
Financial Officer. A copy of the press release is furnished as Exhibit 99.1 to
this Current Report on Form 8-K.
In accordance with General Instruction B.2 of Form 8-K, the press release is
deemed to be "furnished" and shall not be deemed "filed" for the purpose of
Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise
subject to the liabilities of that section, nor shall such information and
Exhibit be deemed incorporated by reference into any filing under the Securities
Act of 1933, as amended, or the Securities Exchange Act of 1934, as amended.