PEDEVCO CORP appointed Reagan Tuck Dukes interim president and CEO after J. Douglas Schick left those roles and his board seat, with Schick remaining through December 31, 2026. Investors also have defined transition terms, including a $255,000 cash payment and reimbursement of up to $10,000 in legal fees.
Key Highlights
- J. Douglas Schick will provide transition services to PEDEVCO through December 31, 2026.
- Reagan Tuck Dukes became PEDEVCO’s interim president and chief executive officer on September 21, 2026.
- Schick’s transition package includes a $255,000 cash payment and up to $10,000 for documented legal fees.
PEDEVCO CORP (AMEX: PED) is an oil and gas production company. Reagan Tuck Dukes became interim president and chief executive officer on September 21, 2026, after J. Douglas Schick stopped serving as president, CEO and a member of the board. Schick will continue providing transition services until December 31, 2026, when his employment ends.
Dukes Takes Interim Leadership Role
Before joining PEDEVCO, he held executive positions at Century Natural Resources, an oil and gas exploration and production company, and earlier worked at Wood Mackenzie and KED Interests. His education includes a bachelor’s degree in accounting and a master’s degree in finance from Texas A&M University. PEDEVCO said Dukes was not chosen under an arrangement with another person. Schick’s transition is not due to a disagreement involving PEDEVCO’s operations, policies or practices.
FAQs
Q: Who is PEDEVCO CORP’s interim CEO after the leadership change?
A: Reagan Tuck Dukes is PEDEVCO CORP’s interim president and CEO. His appointment took effect on September 21, 2026, following J. Douglas Schick’s departure from those roles.
Q: What cash payment is included in J. Douglas Schick’s separation agreement?
A: The PEDEVCO separation agreement includes a $255,000 cash payment in place of Schick’s 2026 annual bonus. It also covers documented legal fees up to $10,000.
Q: When does J. Douglas Schick’s employment with PEDEVCO end?
A: Schick’s employment ends on December 31, 2026, the Separation Date specified in the filing. He will provide transition services through that date.
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