PEDEVCO Corp. announced that J. Douglas Schick ceased serving as President, Chief Executive Officer, and Board member on September 21, 2026. Reagan Tuck (R.T.) Dukes, the current Chief Operating Officer, was appointed interim President and CEO effective immediately. Mr. Schick will remain employed as a non-executive Senior Advisor through December 31, 2026, receiving separation payments equivalent to 2.5 times his annual base salary and target bonus, plus $255,000 in lieu of the 2026 annual bonus. The transition is not due to any disagreement with the Company. PEDEVCO Corp. operates in the oil and gas exploration and production industry.
