The leader of the American Petroleum Institute will leave the industry’s top Washington lobbying group in August, after helping win new places to drill, expand markets for U.S. oil and defeat a Trump administration plan to subsidize coal-fired power plants.
Jack Gerard’s exit will come at the end of two five-year contracts with the trade group. API’s executive committee now will lead the search for a successor, with the expectation of having a new CEO in place by Sept. 1, Gerard said in a message to staff Wednesday.