ProPetro Holding Corp. (NYSE: PUMP) announced the appointment of Kyle Crowley to its Board of Directors, effective October 16, 2026. The appointment is part of an increase in the size of the Board.
Kyle Crowley brings over 30 years of experience in the power and energy industry. He spent 21 years at Exelon Corporation (NASDAQ: EXC), most recently serving as Senior Vice President, Corporate Finance and Development from October 2022 to June 2024. Earlier in his career, he served as Senior Vice President and Chief Development Officer, leading mergers, acquisitions, and strategic transactions. During his tenure at Exelon, he led more than 65 closed transactions with a total equity value of over $38 billion, including the acquisition of Pepco Holdings and the acquisition of Constellation Energy.
The Company stated that Mr. Crowley meets the independence requirements under the rules of the New York Stock Exchange and the Securities Exchange Act of 1934. He is also designated as an “audit committee financial expert.” In addition to his role at ProPetro, Mr. Crowley currently serves on the Board of Directors for Cogentrix Energy, ONE Nuclear (NASDAQ: ONEN), and Hennessy Capital Investment Corp. VIII (NASDAQ: HCIC).
The Board determined that there are no transactions between ProPetro and Mr. Crowley that would require disclosure under Item 404(a) of Regulation S-K. Mr. Crowley will receive standard non-employee director compensation as outlined in the Company's Second Amended and Restated Non-Employee Director Compensation Policy. In connection with the appointment, the Company entered into an Indemnification Agreement with Mr. Crowley.
