Tom L. Ward
| Tom L. Ward | |
|---|---|
| Born | Seiling, Oklahoma |
| Residence | Edmond, Oklahoma |
| Nationality | American |
| Occupation |
Chairman & CEO, Tapstone Energy Oil and Gas Entrepreneur |
| Salary | 1,212,894 (2009) US$ |
| Spouse(s) | Schree Ward |
| Children | 4 |
Chairman & CEO, Tapstone Energy
Tom L. Ward is a prominent Oklahoma City businessman and philanthropist. He is currently the Chairman and CEO of Tapstone Energy, a privately owned energy company in Oklahoma City. He is the founder and former Chairman and CEO of SandRidge Energy, Inc. and is the former President, Chief Operating Officer and co-founder of Chesapeake Energy.
In 2013, Ward was ousted from his position as CEO of SandRidge Energy after accusations surfaced of Ward profiting from "self-dealing" in a series of transactions in which companies and trusts owned and controlled by his family have bought land and then sold it to SandRidge at a mark-up. After thorough investigation, "nothing improper and no wrongdoings" were uncovered. Ward's ouster from SandRidge resulted in a one-time severance payment of $90.9 million due to Ward in spite of the company's performance during his tenure. Since Ward's departure, SandRidge performance has dropped over 90%,.
Ward graduated from the University of Oklahoma in 1981 with a BBA in Petroleum Land Management.
Ward co-founded White Fields in 2000 and serves as the Chairman of the Board. White Fields' mission is to provide a continuum model of care offering a long-term home for abused and neglected boys. They strive to meet the physical, emotional, educational and spiritual needs of these boys by giving them a long-term home, counseling and guidance.
Ward was a member of the Professional Basketball Club LLC, which owns the NBA's Oklahoma City Thunder, until he sold his interest to George Kaiser in April 2014.
Ward is a committed member of several education-affiliated organizations. He is a former Board of Trustees member for Anderson University in Indiana, is a member of the Economic Advisory Council of the Federal Reserve Bank of Kansas City, and participates on the Board of Visitors for the OU Health Sciences Center. He is also on the board of the Department of Medicine, the Board of Trustees for The World Golf Foundation, and a member of The First Tee, which is an organization developed to help “shape the lives of kids and teens from all walks of life by introducing them to values inherent in the game of golf”. Ward also contributes as a member of the Nopetro Board of Directors.
...
Wikipedia