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ProPetro Appoints Kyle Crowley to Board of Directors

Business Wire

MIDLAND, Texas, October 19, 2026--ProPetro Holding Corp. (NYSE: PUMP) ("ProPetro" or the "Company") today announced the appointment of Kyle Crowley to its Board of Directors (the "Board") as an independent director, effective October 16, 2026. Mr. Crowley brings more than 30 years of experience in the power and energy industry, including over two decades at Exelon Corporation (NASDAQ: EXC), where he led corporate development, corporate finance, and generation, renewables, and transmission development for one of the largest electric utility holding companies in the United States.

Phillip Gobe, Chairman of the Board of ProPetro, commented, "We are pleased to welcome Kyle to our Board. He is a seasoned public company executive and director whose judgment, governance experience, and deep roots in the power industry will strengthen an already strong Board. We look forward to his contributions on behalf of our shareholders."

Sam Sledge, Chief Executive Officer of ProPetro, added, "Kyle's addition to the Board reflects where ProPetro is headed. As PROPWR scales into a larger part of our business, Kyle brings exactly the kind of experience we need. Over more than two decades at Exelon, he developed, acquired, and financed gigawatts of power generation and led some of the largest transactions in the industry. That background in power markets, capital allocation, and complex deal execution will be invaluable to our Board as we continue to grow PROPWR and create long-term value for our shareholders."

Mr. Crowley commented, "I am honored to join ProPetro's Board at such an exciting time for the Company. The demand for reliable, dispatchable power from data centers, industrial customers, and the energy value chain is unprecedented, and PROPWR is uniquely positioned to meet that demand with a modern, standardized fleet and a proven ability to execute at scale. I look forward to working with the Board and management team to help ProPetro capture this opportunity and create long-term value for shareholders."

About Kyle Crowley

Mr. Crowley spent 21 years at Exelon Corporation, most recently serving as Senior Vice President, Corporate Finance and Development from October 2022 to June 2024, where he provided executive oversight of the Corporate Development, Corporate Financial Planning and Analysis, Treasury, and Insurance functions. From December 2010 to October 2022, he served as Senior Vice President and Chief Development Officer, leading all mergers, acquisitions, divestitures, joint ventures, and strategic transactions for the company, as well as generation, renewables, and electric transmission development. During his tenure, Mr. Crowley led more than 65 closed transactions with a total equity value of over $38 billion, including the acquisition of Pepco Holdings, the acquisition of Constellation Energy, and the 2022 spin-off of Constellation Energy Corporation (NASDAQ: CEG). Earlier in his career, he held investment banking roles at Lehman Brothers, J.P. Morgan & Co., and Houlihan Lokey.

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