Interim CEO steps down at Talos Energy

Joseph A. Mills has stepped down as interim president, CEO and a member of the Talos Energy board effective immediately, the company said.

Mills was appointed to the roles in August of 2024, replacing Tim Duncan who also stepped down. Mills has served as CEO of Eagle Rock Energy and Roan Resources along with privately held energy companies Montierra Minerals and Samson Resources.

Joseph A. Mills

At the same time, Talos Energy announced that it has identified a candidate to serve as the permanent chief executive officer and is in the final stages of the process with this candidate. Talos expects that the finalist candidate will join the company by the end of the first quarter of 2025.

“We are pleased with the progress we have made in identifying a CEO candidate,” said Neal P. Goldman, chairman of Talos’s Board of Directors. “After a thorough search process, we believe we have identified a strong candidate for the position. We will announce the appointment once details have been finalized. What has been most important to us in this search process is finding a permanent CEO who shares the board’s strategic vision for the business and has the experience and ability to build upon Talos’s strong current position. We feel confident this search process is close to that outcome.”

In addition, Talos reiterates its 2024 full year production guidance issued on Nov. 11, 2024. The company continues to expect average daily production of 91.0 – 94.0 thousand barrels of oil equivalent per day.