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Posted 07 July, 2023

White River Energy Corp. appointed Jay Puchir as new CEO

OTC:WTRV appointed new Chief Executive Officer Jay Puchir in a 8-K filed on 07 July, 2023.


  Effective July 1, 2023, Randy May was appointed Chief Executive Officer and resigned from his role as Executive Chairman, and Jay Puchir resigned from his role as Chief Executive Officer, of White River Energy Corp (the "Company").  

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Overview of White River Energy Corp.
Companies on the Energy Service • Upstream Oil & Gas
White River Energy Corp. is an energy services company. It provides transportation, equipment rental, and other services to oil and gas producers, with operations in Texas, Louisiana, Oklahoma and Pennsylvania. It focuses on providing safe, reliable and affordable services and solutions to customers across the energy value chain. The company was founded in November 2011 and is headquartered in Fayetteville, AR.
Market Cap
$66.0M
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White River Energy Corp. by TradingView
Relevant filing section
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.


(b) and (c)


Effective July 1, 2023, Randy May was appointed Chief Executive Officer and resigned from his role as Executive Chairman, and Jay Puchir resigned from his role as Chief Executive Officer, of White River Energy Corp (the "Company"). Mr. May remains Chairman of the Board of Directors of the Company in a non-officer capacity, and Mr. Puchir remains Chief Financial Officer of the Company.


Additionally, Mr. Puchir is the manager of the Company's indirect wholly-owned subsidiary, White River Energy Partners Management I, LLC ("WR Fund Manager"). WR Fund Manager is the managing general partner of an investment partnership (the "Fund") the Company created to invest in oil and gas wells another Company subsidiary will drill. He also acts as Fund Manager for the Fund and is expected to serve as the sole Fund Manager of future product offerings through WR Fund Manager.


Description of the five-year business experience, compensatory arrangements and related party transactions of Mr. May, which other than updated biographical information were unaffected by the foregoing events, has previously been disclosed by the Company in its filings with the Securities and Exchange Commission, most recently in the Company's Annual Report on Form 10-K for the fiscal year ended March 31, 2023 filed on June 29, 2023.