Edition:
India

Penn Virginia Corp (PVAC.OQ)

PVAC.OQ on NASDAQ Stock Exchange Global Select Market

77.00USD
21 Sep 2018
Change (% chg)

$-0.80 (-1.03%)
Prev Close
$77.80
Open
$78.16
Day's High
$79.60
Day's Low
$77.00
Volume
429,216
Avg. Vol
116,995
52-wk High
$96.00
52-wk Low
$33.04

Summary

Name Age Since Current Position

David Geenberg

34 2018 Co-Chairman of the Board

Darin Holderness

54 2018 Co-Chairman of the Board

John Brooks

56 2017 President, Chief Executive Officer, Director

Steven Hartman

50 2010 Chief Financial Officer, Senior Vice President, Treasurer

Benjamin Mathis

47 2018 Senior Vice President - Operations and Engineering

Michael Hanna

38 2018 Independent Director

Victor Pottow

41 2018 Independent Director

Jerry Schuyler

62 2016 Independent Director

Clay Jeansonne

2018 IR Contact Officer

Biographies

Name Description

David Geenberg

Mr. David Geenberg is Independent Director of the Penn Virginia Corporation. He will be appointing Co-Chairman of the Board of the company effective February 28, 2018. He was designated as a director by Strategic Value Partners, LLC (“SVP”) pursuant to a Support Agreement entered into in January 2018. Mr. Geenberg is also the co-head of the US Investment Team of SVP. Mr. Geenberg joined SVP in 2009, and since such time, he has led the firm’s investment efforts in the infrastructure, energy, and power sectors in North America, serving on the steering committees of more than a dozen significant restructurings. Previously, Mr. Geenberg worked at Goldman, Sachs & Co., most recently in the Infrastructure Investment Group and Principal Investment Area focused on energy and transportation infrastructure businesses, and, prior to that, in the investment bank’s Natural Resources Group. Mr. Geenberg received a B.A. in Economics summa cum laude from Dartmouth College in 2005. The Board believes that Mr. Geenberg’s prior experience in advising and investing in the energy industry and his affiliation with one of the Company’s larger shareholders provides significant contributions to our Board.

Darin Holderness

Mr. Darin G. Holderness, CPA, is re designated as Co-Chairman of the Board of the Penn Virginia Corporation. effective February 28, 2018. Mr. Holderness was the Senior Vice President, Chief Financial Officer and Treasurer of Concho Resources Inc., an oil and gas exploration and development company, until May 2016. Mr. Holderness has over 20 years of experience in the energy sector, including nine years with KPMG LLP where his practice was focused in the energy industry, and over 17 years in the industry in increasing roles of responsibility, including serving as Vice President and Controller of Pure Resources, Inc., Vice President and Chief Financial Officer of Basic Energy Services, Inc., Vice President and Chief Accounting Officer of Pioneer Natural Resources Company, and most recently as Senior Vice President and Chief Financial Officer of Eagle Rock Energy Partners, L.P. Mr. Holderness is a 1986 graduate of Boise State University with a Bachelor of Business Administration in Accounting and is a Certified Public Accountant. The Board believes that Mr. Holderness’s prior experience as an executive and his past audit, accounting and financial reporting experience provide significant contributions to our Board.

John Brooks

Mr. John A. Brooks serves as President, Chief Executive Officer, Director of Penn Virginia Corp. Mr. Brooks had previously served in several management roles for Penn Virginia, including as Interim Principal Executive Officer of Penn Virginia Corporation from September 2016 to August 2017, as Executive Vice President and Chief Operating Officer from January 2014 to August 2017, as Penn Virginia Corporation’s Executive Vice President, Operations from February 2013 to January 2014, Senior Vice President from February 2012 to February 2013 and Vice President from May 2008 to February 2012 and as Penn Virginia Oil & Gas Corporation’s Vice President and Regional Manager from October 2007 to February 2012, Operations Manager from January 2005 to October 2007 and Drilling Manager from February 2002 to January 2005. Mr. Brooks received his B.S. in Petroleum Engineering from the University of Texas at Austin in 1984. The Board believes that Mr. Brooks’ experience in the exploration and production industry and detailed knowledge of our operations lends critical support to the Board’s decision making process.

Steven Hartman

Mr. Steven A. Hartman is Chief Financial Officer, Senior Vice President, Treasurer of Penn Virginia Corp. He served as our Vice President and Treasurer from July 2006 to December 2010, as our Assistant Treasurer and Treasury Manager from September 2004 to July 2006 and as our Manager, Corporate Development from August 2003 to September 2004. Mr. Hartman also served as Vice President and Treasurer of PVG GP, LLC, the general partner of Penn Virginia GP Holdings, L.P.,

Benjamin Mathis

Mr. Benjamin A. Mathis is Senior Vice President - Operations and Engineering of the Company. Mr. Mathis served as Vice President, Operations of the Company from September 2017 to July 2018, Drilling and Completions Manager – US Onshore for Statoil from October 2015 to September 2017, Operations Manager – Eagle Ford for Statoil from November 2014 to October 2015, Drilling and Completions Manager – Eagle Ford for Statoil from October 2012 to November 2014 and Drilling Engineer Manager – Onshore for Statoil from August 2011 to September 2012. Prior to his tenure at Statoil, Mr. Mathis also held positions of increasing responsibility at Occidental and Unocal, both domestically and internationally.

Michael Hanna

Mr. Michael S. Hanna is the Independent Director of the Penn Virginia Corporation. Mr. Hanna is a Partner and Portfolio Manager of KLS Diversified Asset Management LP (“KLS”), one of our larger shareholders. Mr. Hanna joined KLS in July 2015 and has 16 years of investment banking and portfolio management experience. Prior to joining KLS, Mr. Hanna was a Portfolio Manager and Head of Trading at BulwarkBay Investment Group, LLC, a firm he co-founded in 2011. Previously, he was a portfolio manager with Concordia Advisors LLC, where he co-managed the firm’s Distressed Debt Fund. Mr. Hanna joined Concordia in 2005. Prior to joining Concordia, he worked in the Leveraged Finance/Financial Sponsors and Global Corporate Investment Banking groups of RBC Capital Markets from 2004 to 2005 and Bank of America Merrill Lynch from 2001 to 2004. Mr. Hanna’s industry experience includes oil & gas, industrials, paper and forest products, insurance and financials, aerospace and energy. He is a member of the board of directors of Modular Space Corporation and Sensei, Inc. Mr. Hanna received a B.A. from the University of Michigan in 2001 and is a CFA Charter holder. The Board believes that Mr. Hanna’s prior experience in finance and his affiliation with one of the Company’s larger shareholders provides significant contributions to our Board.

Victor Pottow

Mr. V. Frank Pottow is Independent Director of the Company. Mr. Pottow is the Co-Founder of GCP Capital and has been a Managing Director and member of the investment committee of Greenhill Capital Partners since July 2002. Mr. Pottow has more than 25 years of private equity investment experience, with a focus on energy companies. Prior to GCP Capital, Mr. Pottow was a founding partner of Société Générale's US private equity affiliate SG Capital Partners and a Principal of Odyssey Partners, L.P. Mr. Pottow graduated cum laude from The Wharton School of the University of Pennsylvania in 1986 and from Harvard Business School in 1990 with high distinction as a Baker Scholar.

Jerry Schuyler

Mr. Jerry R. Schuyler serves as Independent Director of Penn Virginia Corporation. Mr. Schuyler is currently Executive Chairman of the Board of Gastar Exploration Inc. He served as Executive Vice President, Chief Operating Officer and Director of Laredo Petroleum, Inc. beginning in June 2007, was promoted to President and Chief Operating Officer in July 2008 and retired in July 2013. Mr. Schuyler served as an independent director for Yates Petroleum Corporation from December 2015 until the sale of the company in October 2016; an independent director for Rosetta Resources Inc. from December 2013 until the company was sold in July 2015 and an independent director for Gulf Coast Energy Resources, LLC from 2010 until the sale of the company in April 2015. Mr. Schuyler holds a B.S. in Petroleum Engineering from Montana College of Mineral Science and Technology and attended several graduate business courses at the University of Houston. The Board believes that Mr. Schuyler’s prior experience as an executive and director of numerous energy companies provides significant contributions to our Board.

Clay Jeansonne

Basic Compensation