Steve Gray to Retire from Range Resources Board
Range Resources Corporation (NYSE: RRC) has announced that Steve Gray will step down from his role on the Board of Directors, with his retirement taking effect on October 1, 2024.
Gratitude for Service
Greg Maxwell, the Chairman of Range, expressed his appreciation for Steve’s dedicated service to the company. Since joining the Board in 2018, Steve has significantly contributed his knowledge, industry experience, and expertise, helping Range become a resilient and efficient operator in the Marcellus region. His efforts have been instrumental in enabling the company to generate free cash flow and return capital through various price cycles. Maxwell extended his best wishes to Steve and his family as he embarks on this new chapter of his life.
Reflections on Tenure
In his retirement announcement, Steve Gray reflected on the remarkable journey of the company during his time on the Board. He noted how Range successfully navigated through tough challenges, including fluctuating commodity prices and a global pandemic, ultimately emerging as a strong organization. He expressed pride in the team's ability to enhance the balance sheet, consistently deliver high performance, and provide value to shareholders. Steve also pointed out that Range is currently in its best position in its history, with a portfolio of de-risked, high-quality wells ready to offer substantial value to shareholders for many years to come.
About Range Resources Corporation
Range Resources Corporation is a prominent independent producer of natural gas and NGL in the U.S., primarily focusing its operations in the Appalachian Basin. Based in Fort Worth, Texas, Range is dedicated to achieving sustainable growth and value through innovative practices and effective resource management.
Commitment to Stakeholders
The company has a long-standing commitment to its stakeholders, prioritizing responsible production and transparent communication. With a strong inventory of high-quality assets, Range continues to seek opportunities to improve operational efficiencies, further strengthening its position in the energy market.
Company Contacts
Range Investor Contact:
Laith Sando, Vice President – Investor Relations
817-869-4267
lsando@rangeresources.com
Range Media Contact:
Mark Windle, Director of Corporate Communications
724-873-3223
mwindle@rangeresources.com
Frequently Asked Questions
What led to Steve Gray's retirement from Range Resources?
Steve Gray announced his retirement for personal reasons, reflecting on a fulfilling journey during his time on the Board.
How long has Steve Gray served on the Range Board?
Steve Gray has been a member of the Board of Directors since 2018, providing valuable insights and leadership throughout his tenure.
What impact did Steve Gray have on Range Resources?
Steve Gray was instrumental in establishing Range as a resilient operator, enhancing both operational efficiencies and shareholder returns.
What does Range Resources focus on?
Range Resources specializes in the production of independent natural gas and NGL, particularly in the Appalachian Basin.
Who can be contacted for investor relations at Range Resources?
Laith Sando serves as the Vice President – Investor Relations and can be reached at 817-869-4267 or via email.
