Helmerich & Payne, Inc. (HP) reported that Thomas A. Petrie was appointed to the Company's Board of Directors effective June 6, 2012. He is Chairman of Strategic Energy Advisors, a Denver-based investment banking firm that offers financial advisory services to the oil and gas industry.
Mr. Petrie served as a Vice Chairman of Bank of America until April of 2012. He was also a Vice Chairman of Merrill Lynch until its acquisition by Bank of America in 2009. Mr. Petrie was a co-founder of Petrie Parkman & Co., a Denver and Houston based energy investment banking firm that merged with Merrill Lynch in 2006.
Mr. Petrie is also a former managing director and senior oil analyst of First Boston Corporation and, throughout his career, he has been an active advisor on more than $200 billion of energy related mergers, acquisitions and divestitures.