Fossil fuel CEO Chris Wright plans to resign from several top energy sector jobs and divest tens of millions of dollars in assets if he’s confirmed as President-elect Donald Trump’s pick for Energy secretary.
Wright intends to step down as CEO at Liberty Energy, the oil and gas fracking services company he’s led since 2011, according to his financial disclosures and ethics agreement published Friday morning by the Office of Government Ethics.
If confirmed, he’ll also resign positions with nuclear startup Oklo, EMX Royalty, the Western Energy Alliance and other groups, including his nonprofit Bettering Human Lives Foundation, which he has used to promote fossil fuels globally.
Wright is expected to be easily confirmed by the Senate following a relatively smooth hearing Wednesday. Senate Energy and Natural Resources Chair Mike Lee (R-Utah) held the hearing despite a lack of public disclosures from Wright, which breaks from Senate tradition on confirmation processes. Wright turned 60 years old Wednesday.
