Business
Diversified Announces Executive Leadership Changes
Diversified Announces Executive Leadership Changes.
About this update from Diversified Energy Company
[{"type":"text","content":"\n\n18 September 2023\n \n Diversified Energy Company PLC\n(\"Diversified\" or the \"Company\")\n \nDiversified Announces Executive Leadership Changes \n \nDiversified Energy Company PLC (LSE:DEC) announces executive leadership changes that allow for the continued execution of the Company’s long-term strategic vision. Eric Williams, Executive Vice President and Chief Financial Officer, has resigned from the Company, effective immediately, to pursue other professional opportunities. Mr. Williams will work with the Company through the end of September 2023 to ensure a smooth transition of leadership. Concurrent with Mr. William’s resignation, Brad Gray, the Company’s current Executive Vice President and Chief Operating Officer, has been promoted to President and will assume the role of Chief Financial Officer, effective immediately. As part of his transition in responsibilities, Mr. Gray has resigned from the Board of Directors. Leveraging a stable of top talent, Maverick Bentley, currently Senior Vice President of Midstream Operations, has been promoted to Executive Vice President of Operations; Benjamin Sullivan, currently General Counsel, has been promoted to Senior Executive Vice President and Chief Legal & Risk Officer; Ron Ridgway, currently Senior Vice President of Energy Marketing, has been promoted to Executive Vice President of Energy Marketing.\n \nRusty Hutson, CEO, commented, “On behalf of the entire Diversified team, I would like to thank Eric for his contributions over the last six years. Since joining the Company in July 2017, Eric has been instrumental in transforming our finance team. We appreciate Eric’s leadership and commitment to Diversified’s success and wish him all the best in his future endeavors.”\n \nHutson continued, “I am thrilled to have the opportunity to promote and place Brad into the role of CFO, who has a deep understanding of Diversified, having also previously held the CFO position at the Company. Brad has developed strong relationships within every segment of our company, and these relationships position him and our finance teams for future success. Additionally, his promotion and appointment ensures we do not miss a beat in executing our strategy to responsibly deliver long-term value to shareholders.” \n \nEric Willia...