Steven P. Guidry, born on May 15, 1956, has a solid educational foundation with a Bachelor's degree in Engineering. He became the CEO of Vaalco Energy, Inc. on October 21, 2013, stepping in after a long-term leader, Robert L. Gerry,...
Steven P. Guidry, born on May 15, 1956, has a solid educational foundation with a Bachelor's degree in Engineering. He became the CEO of Vaalco Energy, Inc. on October 21, 2013, stepping in after a long-term leader, Robert L. Gerry, who held the position for 16 years. Guidry came to Vaalco after 33 years at Marathon Oil Corporation, where he held several important roles. His most notable positions included Vice President of Business Development and President of the Libya subsidiary. Guidry's leadership at Vaalco ended on September 1, 2016, when he resigned. During his tenure, he faced challenging market conditions, which affected his compensation. For example, in 2016, he earned a total of $570,133, with no bonuses due to tough industry performance. However, in 2014, he received a cash bonus of $395,000, showing he has performed under better circumstances in the past. His strategic decisions were focused on achieving production and safety goals in a fluctuating oil market. He played a critical role in guiding Vaalco through its ups and downs during his leadership of the company.