Mammoth Energy Services, Inc. announced on November 9, 2026, that Bernard "Bernie" Lancaster has been promoted to the position of President, effective immediately. Mr. Lancaster previously served as the Company’s Chief Operating Officer and will assume the new role following his tenure as Vice President of Operations. The appointment was approved by the Company’s Board of Directors.
Mr. Lancaster, who is 39 years old, has held operational and leadership positions across Mammoth’s businesses for more than a decade. The Company noted that he has played an important role in executing its strategy, including improved operating performance and the continued expansion of its aviation leasing platform. The Board emphasized that the promotion reflects its confidence in Mr. Lancaster’s ability to lead Mammoth through its next phase of growth.
In a statement regarding the leadership change, Arthur Amron, Chairman of the Board, stated that Mammoth has made substantial progress this year, citing improved operating performance, profitability, and margins. Mr. Lancaster expressed his gratitude to the Board for the confidence placed in him and stated that he looks forward to building on the progress made by the Company’s teams.
The Company indicated that Mr. Lancaster’s appointment does not result in any change to his compensation or other compensatory arrangements. Mammoth Energy Services, Inc. trades on the NASDAQ under the ticker symbol TUSK.
