California Resources Corporation (CRC) has announced the appointment of Michael Helm as the new Vice President – Finance and Controller, effective March 16, 2026. Helm will also serve as the company's principal accounting officer. His extensive experience includes a previous role as Chief Accounting Officer at Berry Corporation, where he led the accounting function since 2017. Helm's appointment follows the retirement of Noelle Repetti, the company's Senior Vice President and Controller, who has served CRC for over 11 years. The company expressed gratitude for Repetti's dedicated service and confirmed that her departure was not due to any disputes regarding the company's operations or financial practices. This leadership transition is expected to bring continuity and stability to CRC's financial management as it navigates the complexities of the oil and gas industry. The company will also enter into an Indemnification Agreement with Helm, ensuring he is protected against liabilities arising from his service. This move is seen as a strategic step to strengthen the company's financial oversight and governance as it continues to adapt to market conditions.

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