Unit Corporation announced that as part of the company's succession planning process initiated in 2017, David T. Merrill was elected to succeed Larry D. Pinkston as the company's Chief Executive Officer and President, effective April 1, 2020. Mr. Pinkston announced his retirement from his CEO and President roles effective March 31, 2020, although he will remain on the company's Board of Directors. Mr. Merrill joined the company in August 2003 and served as its Vice President of Finance until February 2004 when he was elected to the position of Chief Financial Officer and Treasurer, positions he held until November 2017.

He has served as the company's Chief Operating Officer since August 2017.