The board of Houston American Energy Corp. (ticker: HUSA) determined not to renew the position of John Boylan as chairman, president and CEO. The board terminated Boylan’s service in those positions effective June 7.

Houston American announced it will immediately commence a search for a new CEO. Pending hiring a replacement, Steve Hartzell, a long-time director and lead independent director, has assumed the role of chairman on a temporary basis and James Schoonover, a major investor in Houston American has assumed the role of interim CEO.


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