KLX Energy Services Names Geoffrey C. Stanford as New Interim CFO

KLX Energy Services Appoints Geoffrey C. Stanford as Interim CFO

KLX Energy Services Holdings, Inc. (NASDAQ: KLXE) has announced a significant leadership change within its financial department. Effective January 7, 2026, Geoffrey C. Stanford will step in as the Interim Chief Financial Officer (CFO), succeeding Keefer M. Lehner, who has decided to resign from his position as Executive Vice President and CFO.

Stanford, who is currently serving as the Senior Vice President and Chief Accounting Officer, has been with KLX since 2018. His journey with the company began when he joined as the Vice President and Chief Accounting Officer. His skills and leadership qualities were soon recognized, promoting him to Senior Vice President in December 2020. This internal transition marks a continuation of leadership within the ranks of KLX, as the company seeks to maintain stability during this change.

Before joining KLX, Stanford held significant roles in other companies. As Vice President of Accounting at Amedisys Home Health and Hospice, he demonstrated adeptness in financial management. Furthermore, as Vice President and Chief Accounting Officer at Willbros Construction, he led crucial corporate accounting efforts. His background extends to his time at The Shaw Group and Albemarle Corporation, where he honed his skills in corporate operations. It’s necessary to note that Stanford is also a licensed Certified Public Accountant (CPA) and holds a Master of Business Administration from Tulane University, along with undergraduate degrees in Accounting and Finance from Louisiana State University.

Chris Baker, the President and CEO of KLX, remarked on Stanford's promotion, stating, "The Board and I have great confidence in Geoff's leadership of the accounting and finance team. His promotion is well earned, and we expect a smooth transition." Baker also took the opportunity to express gratitude towards Keefer Lehner, acknowledging his years of service and wishing him the best in future endeavors.

Lehner reflected positively on his experience at KLX, saying, "It has been my honor to serve as CFO of KLX. I'm proud of what we have accomplished and have great confidence in the team and the Company. I wish KLX continued success." His departure does not raise concerns regarding KLX's operational integrity, as it has been confirmed that his resignation is unrelated to any issues within the company’s operations or financial reporting.

KLX Energy Services specializes in providing a range of oilfield services to leading oil and natural gas exploration and production companies across the United States. They are recognized for their mission-critical services focused on drilling, completion, production, and intervention activities for technically demanding wells. With over 60 service and support facilities nationwide, KLX is positioned effectively across all major basins where exploration and production occur.

The company prides itself on its suite of proprietary products and specialized services, supported by a robust team of skilled personnel. From innovative in-house manufacturing to repair and maintenance services, KLX is well-equipped to meet the evolving demands of the energy sector, ensuring that it remains a reliable partner in the industry.

For more information about KLX and its services, visit KLX's official website. KLX stands poised to continue its trajectory of growth and success, with leadership transitions like Stanford's ensuring a focus on steadfast financial governance as the company navigates the competitive energy landscape.