Linn Energy names Ellis as next CEO

By Associated Press
June 10, 2009 | Comments (0)

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Independent oil and gas producer Linn Energy LLC said Wednesday that Mark E. Ellis will become the company's president and chief executive starting in January.

Ellis, currently the company's president and chief operating officer, will succeed Michael C. Linn, who will become executive chairman of the board and remain an officer of the company. Linn also currently holds the title of chairman.

In a statement, Linn said he plans to remain "very involved with the strategic direction of the company."

Ellis joined Linn Energy in December 2006 as executive vice president and chief operating officer. He was promoted to his current position in December 2007.

Before joining Linn Energy, Ellis worked for more than 20 years in senior leadership roles at Burlington Resources and ConocoPhillips.

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11/10/2009 9:45 AM
LINE $24.52 Up +0.04 +0.15%
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