Denbury Resources' CEO Rykhoek to retire, COO Kendall to take reins

Denbury Resources Inc. said late Tuesday that Phil Rykhoek, the company's chief executive officer for the past eight years, will retire on June 30. The Plano, Texas, company's board of directors plans to elect Chief Operating Officer and President Christian S. Kendall as CEO as of that date. Rykhoek will leave the board upon his retirement. Shares of Denbury were flat in late trading after ending the regular session down 1.7%.

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