James D. Palm is the former CEO of Gulfport Energy Corporation, and he held this position from December 2005 until April 2014. With a background in mechanical engineering and an MBA from Oklahoma State University, Palm merged technical expertise and...
James D. Palm is the former CEO of Gulfport Energy Corporation, and he held this position from December 2005 until April 2014. With a background in mechanical engineering and an MBA from Oklahoma State University, Palm merged technical expertise and business skills throughout his career. Before joining Gulfport, he founded Crescent Exploration, LLC, an oil and gas exploration company, in 1995, primarily operating in Oklahoma and Kansas. He has also held leadership roles in various energy-related organizations, including serving as the Chairman of the Oklahoma Energy Resources Board. This experience gave him a unique perspective on the oil and gas industry. During his time at Gulfport, Palm's compensation included a total of more than $6.9 million in his final year, largely due to stock awards linked to his retirement. Interestingly, his stock trading data shows significant activity, with trades reaching millions in worth in several instances, indicating a personal commitment to the company's success. Palm's focus on practical and effective leadership helped steer Gulfport Energy during a transformative period in the energy sector, emphasizing growth and performance.