Baytex Energy Corp. announced that Chad Kalmakoff has been promoted to Chief Financial Officer. Mr. Kalmakoff replaces Rodney Gray, Chief Financial Officer, who has left the organization to pursue other opportunities.

Mr. Kalmakoff joined Baytex on September 1, 2015 as Vice President, Finance and has held primary responsibilities for treasury, financial reporting, accounting and information technology. He has over 20 years of experience in the oil and gas industry. Prior to joining Baytex, Mr. Kalmakoff was Vice President, Finance and Chief Financial Officer at Kicking Horse Energy Inc. and Vice President, Finance and Chief Financial Officer at Corinthian Exploration Ltd. He also held a number of positions of increasing responsibility at Pace Oil &Gas Ltd. and its predecessors, including Chief Financial Officer and Vice President, Finance.

Mr. Kalmakoff is a Chartered Accountant and holds a Bachelor of Commerce from Dalhousie University.