Management ChangeAug 5, 2026, 04:18 PM
Diversified Energy: David Johnson Retires, Hutson Jr. New Chairman
AI Summary
Diversified Energy Company announced that David Johnson is retiring from its Board of Directors and stepping down as Chairman, effective August 5, 2026, after over nine years of service. Following his departure, Rusty Hutson, Jr., the Company's Founder, Chief Executive Officer, and Board member, has been appointed as the new Chairman of the Board. Additionally, David Turner, Jr. will assume the role of Lead Independent Director, and Martin Thomas will join the Compensation Committee.
Key Highlights
- David Johnson retired from the Board and as Chairman, effective August 5, 2026.
- Johnson served over nine years, having joined the Board in February 2017.
- Rusty Hutson, Jr., Founder and CEO, appointed Chairman of the Board.
- David Turner, Jr. named Lead Independent Director.
- Martin Thomas appointed to the Compensation Committee.
Price Impact
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