SWIFT Energy Company has announced that Terry Swift is retiring from his position as chief executive officer after more than 35 years with the company. His formal exit, is expected to be over the next several months.

The company will immediately commence a search for a new CEO and plans to have the role filled prior to Mr Swift’s departure.

About Terry Swift

Mr Swift, who has served in the CEO role since 2001, will remain a member of the Board of Directors until he exits the CEO role.

“After over 35 years with Swift Energy, 15 as CEO, I believe now is the right time for a transfer in leadership,” Mr Swift said.

Mr Swift joined the company in 1981 as manager of Engineering, and has served in a variety of roles, including assistant vice president of Engineering, senior vice president of Exploration, executive vice resident and chief operating officer and president.