Leadership Expansion at Diversified Energy Company PLC
Recent Announcements from the Board of Directors
Diversified Energy Company PLC ("Diversified" or "the Company") is thrilled to share important news regarding its Board of Directors. The latest decision sees the appointment of Randall Wade as an independent non-executive director, a strategic move that took place on 11 April 2025.
Meet Randall Wade: A Seasoned Industry Expert
Randall Wade comes with a wealth of experience as a Co-Founder of EIG, where he has played various pivotal roles since 1996. His extensive expertise spans across investments, investor relations, operations, and strategic initiatives, making him a valuable addition to the Board.
A Rich Professional Background
Before joining EIG, Mr. Wade held a significant position as a Commercial Lending Officer at First Interstate Bank of Texas. In this role, he successfully developed a robust middle-market loan portfolio. His educational background is equally impressive, holding both a B.A. in Economics and a B.B.A. in Finance from the University of Texas at Austin.
Integral Role within the Board
With his appointment to the Board, Mr. Wade will also join the Sustainability and Safety Committee, emphasizing Diversified’s commitment to responsible and sustainable energy practices.
Chairman's Thoughts on the New Appointment
David Johnson, Chairman of Diversified, expressed his excitement regarding this appointment. He stated, "It is my pleasure to welcome Randall to Diversified’s Board of Directors. His breadth of experience, leadership, and reputation in the energy industry will provide valuable perspectives. We look forward to continuing our valued partnership with EIG and to Randall’s contributions as Diversified continues to progress its strategy of responsibly delivering sustainable stakeholder returns."
Prior Experience and Future Outlook
Before joining Diversified, Mr. Wade served as a director for NGL Energy Partners (NYSE: NGL). Notably, he has not held any other public company director positions within the past five years, which highlights his focus on driving impactful changes within Diversified Energy Company PLC.
Commitment to Regulatory Standards
This announcement is made accordance with UK Listing Rule 6.4.6R, ensuring compliance with necessary disclosure requirements under Listing Rule 6.4.8R.
Contact Information for Inquiries
For additional information regarding this announcement or company inquiries, please refer to:
Diversified Energy Company PLC
Phone: +1 973 856 2757
Doug Kris
Email: dkris@dgoc.com
Senior Vice President, Investor Relations & Corporate Communications
Website: www.div.energy
FTI Consulting
Email: dec@fticonsulting.com
U.S. & UK Financial Public Relations
About Diversified Energy Company PLC
Diversified is distinguished as a prominent publicly traded energy company, concentrating on natural gas and liquids production, alongside transport, marketing, and well retirement operations. By employing a distinctive approach, Diversified aims to acquire existing long-life assets, enhancing their environmental efficiency until these assets are safely retired, all while safeguarding environmental standards.
Recognized for its leadership in sustainability, Diversified’s holistic stewardship makes it the Right Company at the Right Time for responsibly producing energy, delivering consistent free cash flow, and maximizing shareholder value.
Frequently Asked Questions
What is the purpose of Randall Wade's appointment to the Board?
Randall Wade's appointment aims to leverage his extensive experience in the energy sector to enhance Diversified's strategic direction and sustainability efforts.
What prior roles has Randall Wade held?
Before joining Diversified, Randall Wade was a Co-Founder of EIG and served as a Commercial Lending Officer at First Interstate Bank of Texas.
What committees will Mr. Wade join in his new role?
Mr. Wade will become a member of the Board's Sustainability and Safety Committee.
How does Diversified Energy Company PLC prioritize sustainability?
Diversified focuses on improving environmental performance while responsibly retiring assets, ensuring that sustainability is at the core of their operations.
Who can I contact for more information about the company?
For further information, you can reach out to Doug Kris at Diversified via email at dkris@dgoc.com or visit their website at www.div.energy.
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