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Get filing alertsProPetro appoints Kyle Crowley, 30-year power/energy veteran, to board as independent director
Filed October 19, 2026 · Period ending October 15, 2026 · ~1 min read
Key Changes
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Kyle Crowley appointed to ProPetro's board effective October 16, 2026, expanding board size; term runs until 2027 annual meeting.
Item 5.02 verify on EDGAR → -
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Board determined Crowley is independent under NYSE and SEC rules and qualifies as an audit committee financial expert.
Item 5.02 verify on EDGAR → -
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Crowley brings over 30 years in power/energy, including 20+ years at Exelon leading corporate development, finance, and generation/renewables/transmission development.
Exhibit 99.1 view on EDGAR → -
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CEO Sam Sledge says Crowley's experience developing, acquiring, and financing gigawatts of power generation supports PROPWR growth.
Exhibit 99.1 view on EDGAR → -
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Crowley will receive standard non-employee director compensation and an indemnification agreement.
Item 5.02 verify on EDGAR →
Summary
ProPetro Holding Corp. has added Kyle Crowley to its board of directors as an independent director, effective October 16, 2026. The appointment expands the board and brings deep power-industry expertise as the company grows its PROPWR power-services division. Crowley spent more than two decades at Exelon, where he led corporate development, corporate finance, and generation, renewables, and transmission development.
The board determined that Crowley meets NYSE and SEC independence standards and qualifies as an audit committee financial expert. He will receive the company's standard non-employee director compensation and has entered into an indemnification agreement. The filing does not disclose any related-party transactions requiring disclosure. For retail holders, this is a routine governance event with no immediate red flags. The appointment adds relevant expertise to the board as ProPetro expands its power-services business, but it does not change the company's financial position or operations.
Section-by-Section Diff
Event · Item 5.02 — Departure of Directors or Certain Officers; Election of Directors; Compensation
Item 5.02 — Departure of Directors or Certain Officers; Election of Directors; Compensation filed; see Key Changes for terms.
Show 1 minor / wording change
Added in current filing · verify on EDGAR →
In connection with Mr. Crowley’s appointment to the Board, the Company entered into an Indemnification Agreement with Mr. Crowley (the “Indemnification Agreement”) pursuant to which the Company will be required to indemnify Mr. Crowley to the fullest extent permitted under Delaware law against liability that may arise by reason of his service to the Company and to advance his expenses incurred as a result of any proceeding against him to which he could be indemnified.
The company entered into an indemnification agreement with Mr. Crowley, requiring it to indemnify him to the fullest extent permitted under Delaware law and to advance expenses for covered proceedings. This is a standard arrangement for directors.
Event · Exhibit 99.1
ProPetro appoints Kyle Crowley, a 30-year power/energy veteran, to its Board as an independent director effective Oct 16, 2026.
Added in current filing · view on EDGAR →
ProPetro Holding Corp. (NYSE: PUMP) (“ProPetro” or the “Company”) today announced the appointment of Kyle Crowley to its Board of Directors (the “Board”) as an independent director, effective October 16, 2026.
ProPetro adds Kyle Crowley to its Board as an independent director, effective October 16, 2026. The appointment brings power-industry expertise to the board as the company grows its PROPWR power-services division.
Added in current filing · view on EDGAR →
Mr. Crowley brings more than 30 years of experience in the power and energy industry, including over two decades at Exelon Corporation (NASDAQ: EXC), where he led corporate development, corporate finance, and generation, renewables, and transmission development for one of the largest electric utility holding companies in the United States.
The new director has over 30 years in power and energy, including more than two decades at Exelon leading corporate development, finance, and generation/renewables/transmission development. This background is directly relevant to ProPetro's PROPWR power-services growth strategy.
Added in current filing · view on EDGAR →
As PROPWR scales into a larger part of our business, Kyle brings exactly the kind of experience we need. Over more than two decades at Exelon, he developed, acquired, and financed gigawatts of power generation and led some of the largest transactions in the industry.
CEO Sam Sledge frames the appointment around PROPWR's growth, citing Crowley's experience developing, acquiring, and financing gigawatts of power generation and leading large transactions. The board addition is positioned as supporting the company's power-services expansion.
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Figures/quotes linked to EDGAR · Narrative written by AI · Oct 20, 2026 · How we verify