Panhandle Oil Promotes COO Paul Blanchard to CEO

Panhandle Oil And Gas, an oil and gas company, promoted chief operations officer Paul Blanchard to chief executive officer effective Jan. 1.

Blanchard will succeed Michael Coffman, who, as previously announced in March, will retire effective Dec. 31, after 26 years of service. Blanchard joined Panhandle in 2009 as COO. Prior to joining Panhandle, he was the sole proprietor of a consulting petroleum engineering firm.

Also on Tuesday, the company promoted chief accounting officer Robb Winfield to CFO, effective Jan. 1. Winfield will succeed Lonnie Lowry, who will become vice president, corporate secretary effective Jan. 1.