Rusty Hutson, Jr.
Born and raised in West Virginia, Rusty Hutson, Jr. is the fourth generation in the Hutson family to immerse himself in the oil and gas industry, with family roots dating back to the early 1900s. Rusty spent many summers of his youth working with his father in the oil fields of West Virginia. The first in his family to pursue higher education, Rusty graduated from Fairmont State University (WV) with a degree in accounting. After college, Rusty spent 13 years steadily progressing into multiple leadership roles within the banking industry at well-known institutions such as Bank One and Compass Bank, prior to concluding his time within banking as CFO of Compass Financial Services.
Building upon his experiences in the oil & gas industry and the financial services sector, Rusty established Diversified Energy in 2001 as a cash flow model supported by mature, predictable long-life assets. After years of refining this strategy, Rusty and his team quietly took the company public in 2017 on the AIM growth market of the London Stock Exchange. Since going public, DEC has acquired approximately $2.7 billion in upstream and midstream assets with net daily production of approximately 150,000 barrels of oil equivalency. Since its public debut, the rapid growth of DEC’s asset portfolio led to a move up to the premium listing on the London Exchange and a FTSE250 inclusion. Rusty continues to lead his team and expand the Company’s footprint throughout the United States while remaining focused on operational excellence, financial discipline and shareholder value creation.
David E. Johnson
- Remuneration, Sustainability and Safety
Mr. Johnson has enjoyed a long and successful career in the investment sector. He has worked at a number of leading City investment houses, as both an investment analyst and a manager, and more recently in equity sales and investment management. During his career he has worked for Sun Life Assurance, Henderson Crosthwaite and Investec Securities, where he became Head of Sales and Executive Director of Investec Investment Bank. Mr. Johnson joined Panmure Gordon & Co in 2004 where he worked until 2013, including as Head of Sales from 2006 and then Head of Equities from 2009. Mr. Johnson joined Chelverton Asset Management in 2014 where he had responsibility for the Group’s private equity investments. Mr. Johnson is also a non-executive director of Chelverton Equity Partners, an AIM listed holding company.
Martin K. Thomas
- Nomination and Governance
Mr. Thomas is a consultant in the corporate team of the law firm Wedlake Bell LLP in London. During a legal career of over 35 years, Martin has specialized in advising on IPOs and secondary offerings of equity and debt on the London capital markets, corporate governance requirements for U.K. listed companies, corporate finance and M&A work (including cross-border transactions). Previously named one of The Lawyer’s “UK Hot 100 Lawyers” and ranked by both Chambers and Partners and Legal 500, Martin has advised clients operating in a variety of sectors, including oil and gas, renewable energy, natural resources and mining, climate change, financial services and early stage technology. Martin has also held senior management positions including 7 years as the European Managing Partner of a global law firm headquartered in the United States.
Sylvia Kerrigan
- Remuneration
- Nomination and Governance
Kathryn Klaber
- Nomination and Governance
- Sustainability and Safety, Audit and Risk
Sandra (Sandy) Stash
- Sustainability and Safety
- Remuneration, Audit and Risk
Ms. Stash accumulated more than 35 years of international experience in the oil and gas and hard rock and coal mining industries, beginning her career as one of the first female drilling engineers in North America and most recently served as Executive Vice President for Tullow Oil until her retirement April 1, 2020. During her time in these industries, Sandy developed deep business and operations experience across six continents and is recognized for her unique capabilities in bridging the extractive sector to external stakeholders – in government, civil society and at the community level. Her distinguished professional career also included roles at ARCO, TNK-BP, BP, Anaconda Company and Talisman Energy, and spanned top leadership positions in general management, commercial negotiations, operations and engineering, supply chain management, government and public affairs, sustainability and HSE. Sandy holds a degree in petroleum engineering from the prestigious Colorado School of Mines where she also serves as a Governor at the School. Sandy holds a NACD Directorship Certification through the National Association of Corporate Directors and also serves on the Boards of Trans Mountain Company and Chaarat Gold.
David J. Turner, Jr.
- Audit and Risk
- Remuneration
Mr. Turner serves as Regions Financial Corporation’s Chief Financial Officer where he leads all finance operations, including mergers and acquisitions, financial systems, investor relations, corporate treasury, corporate tax, management planning and reporting and accounting. Mr. Turner joined Regions in 2005 and led the Internal Audit Division for Regions before being named Chief Financial Officer in 2010. Prior to joining Regions, he served as an audit partner of KPMG LLP and previously served Arthur Andersen LLP in a number of positions, including audit partner, audit manager, senior auditor and staff auditor. Mr. Turner earned a bachelor’s degree in Accounting from the University of Alabama in Tuscaloosa and attended Tulane University in Louisiana.
Rusty Hutson, Jr.
Born and raised in West Virginia, Rusty Hutson, Jr. is the fourth generation in the Hutson family to immerse himself in the oil and gas industry, with family roots dating back to the early 1900s. Rusty spent many summers of his youth working with his father in the oil fields of West Virginia. The first in his family to pursue higher education, Rusty graduated from Fairmont State University (WV) with a degree in accounting. After college, Rusty spent 13 years steadily progressing into multiple leadership roles within the banking industry at well-known institutions such as Bank One and Compass Bank, prior to concluding his time within banking as CFO of Compass Financial Services.
Building upon his experiences in the oil & gas industry and the financial services sector, Rusty established Diversified Energy in 2001 as a cash flow model supported by mature, predictable long-life assets. After years of refining this strategy, Rusty and his team quietly took the company public in 2017 on the AIM growth market of the London Stock Exchange. Since going public, DEC has acquired approximately $2.7 billion in upstream and midstream assets with net daily production of approximately 150,000 barrels of oil equivalency. Since its public debut, the rapid growth of DEC’s asset portfolio led to a move up to the premium listing on the London Exchange and a FTSE250 inclusion. Rusty continues to lead his team and expand the Company’s footprint throughout the United States while remaining focused on operational excellence, financial discipline and shareholder value creation.
Brad Gray
- Sustainability and Safety
Prior to joining the Company in October 2016, Mr. Gray held the position of Senior Vice President and Chief Financial Officer for Royal Cup, Inc., a United States based commercial coffee roaster and wholesale distributor of tea and other beverage related products. Prior to Royal Cup, Inc., from 2006 to 2014, Brad worked in the petroleum distribution industry for The McPherson Companies, Inc. and held the position of Executive Vice President and Chief Financial Officer. Before McPherson Companies, he worked for over a decade in various financial and operational roles with the previously listed NYSE retail group, Saks Incorporated. Brad received a Bachelors of Science degree in Accounting from the University of Alabama and earned his CPA license (Alabama).
Ben Sullivan
Mr. Sullivan joined Diversified in 2019 with oversight of the company’s legal, land/real estate, community engagement, and policy/governmental affairs functions and works with the CEO and board on risk, compliance, and governance matters. Prior to joining Diversified, Ben worked with Greylock Energy (an ArcLight Capital Partners portfolio company with extensive national holdings) and its predecessor (Energy Corporation of America) as Executive Vice President, General Counsel and Corporate Secretary with supervision of many business units. Prior to Ben’s tenure at Greylock Energy, he worked as counsel for EQT Corporation and in private practice. He is a member of the leadership and Board of Directors of several commerce, legal, and industry groups, and has considerable experience in corporate governance and reporting / ESG, complex commercial transactions, land/real estate, acquisitions & divestitures, financing, government investigations, and corporate workouts and restructurings. Mr. Sullivan graduated from the University of Kentucky with a B.A degree in History and received a J.D. degree from the West Virginia University College of Law. He holds licenses to practice law in several States, including Pennsylvania and West Virginia.
Mark S. Kirkendall
Mr. Kirkendall joined Diversified in May of 2019 to lead our overall people strategies. Mark has extensive experience in Human Resources with diverse organizations such as: Royal Cup Coffee & Tea, Ocean Reef Club and Hyatt Hotels. Mark graduated from York College of Pennsylvania and has earned a Certified Senior Professional designation through the Society for Human Resources Management. As Chief Human Resources Officer for DGO, Mark remains focused on driving human capital strategy in support of our overall business plan and strategic direction.
David Myers
Mr. Myers joined Diversified in August 2018 with over 25+ years of combined experience in operational consulting, retail and financial services. Prior to Diversified, David was the President of Henderson & Myers, LLC, a management and process consulting service firm with clients ranging from Fortune 500 companies to million-dollar privately-held firms. He has held multiple upper-management roles within several previously listed companies such as SouthTrust Bank and Saks Incorporated. David graduated from the University of Alabama with a Bachelor of Science degree in Economics. He has a proven record of developing and implementing business and operational processes that are supported by the proper technology to improve the overall efficiency and scalability of each company, all while delivering bottom-line results.
Maverick Bentley
Mr. Bentley joined Diversified in July of 2018 through its acquisition of EQT. He has 35 years in gas and oil operations, in both upstream and midstream. He is highly experienced in midstream operations, compression and well productivity. He is also an executive board member of the Kentucky Oil and Gas Association.
Ron Ridgway
Mr. Ridgway joined Diversified in March 2021 from Berkshire Hathaway Energy (BHE) and brings with him over 30 years of industry experience in marketing, transportation, NGL activities, operations, rates, and gas accounting. As Executive Vice President of Energy Marketing, Ron presides over the marketing of natural gas and liquids, and commercial midstream across all regions. At BHE, Ron served as the Director of Interstate and NGL Marketing. Prior to BHE, Ron was the Director of East Coast Marketing for Centennial Energy and formerly led DETI’s NGL Marketing function. Originally from West Virginia, Ron holds a bachelor’s degree in Business Administration from Fairmont State University.
Michael Rigg
Mr. Rigg joined Diversified in January of 2024 to lead our Business Development team, responsible for the Company’s merger, acquisition, and divestiture strategies. Prior to Diversified, Michael established and served as the CEO of Greenfield Environmental Services, a Denver-based asset retirement company, and brings extensive experience from both the Oil & Gas and Investment Banking industries. Before Greenfield, he served as the Co-President & CFO of Chisholm Oil & Gas. Prior to Chisholm, he served as the Treasurer and Vice President, Finance at Vine Oil & Gas. Before Vine, Michael was a Vice President in Morgan Stanley’s Global Natural Resource Group. He began his finance career with positions at Scotia Waterous and Ernst & Young. Michael holds a B.A. in Government and an MBA from The University of Texas at Austin.
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COMMITTEE CHAIR
COMMITTEE MEMBER
Our Board Committees
Audit and Risk
The role of the Audit and Risk Committee includes, inter alia, reviewing and monitoring internal financial control systems and risk management systems on which the Company is reliant, considering annual and interim accounts and audit reports, making recommendations to the Board in relation to the appointment and remuneration of the Company’s auditors and monitoring and reviewing annually their independence, objectivity, effectiveness and qualifications.
- Meeting Frequency: 3x per year (minimum)
- Terms of Reference: Audit and Risk Committee Charter
Committee Chair: David J. Turner, Jr.
Committee Members: Kathryn Klaber, Sandra (Sandy) Stash
Remuneration
The Remuneration Committee is responsible for reviewing the performance of the Chairman and the Executive Directors and for setting the scale and structure of their remuneration, paying careful regard to the interests of shareholders as a whole and the performance of the Group. The Remuneration Committee also approves the design of and determines targets for any performance-related pay schemes operated by the Company.
- Meeting Frequency: 2x per year (minimum)
- Terms of Reference: Remuneration Committee Charter
Committee Chair: Sylvia Kerrigan
Committee Members: David E. Johnson, Sandra (Sandy) Stash, David J. Turner, Jr.
Nomination and Governance
The Nomination and Governance Committee has responsibility for reviewing the structure, size and composition of the Board and recommending to the Board any changes required for succession planning and for identifying and nominating for approval of the Board candidates to fill vacancies as and when they arise. The Committee will also be responsible for reviewing the results of the Board performance evaluation process and making recommendations to the Board concerning suitable candidates for the role of senior independent director and the membership of the Board’s committees and the re-election of Directors at each Annual General Meeting. In addition, the Committee oversees the Company’s governance structure and monitors trends and compliance with governance best practices.
- Meeting Frequency: 2x per year (minimum)
- Terms of Reference: Nomination and Governance Committee Charter
Committee Chair: Kathryn Klaber
Committee Members: Martin K. Thomas, Sylvia Kerrigan
Sustainability and Safety
The Sustainability and Safety Committee shall oversee and provide input to management on the Company’s policies and strategies related to matters of sustainability and safety. The Committee shall consider and provide perspective and input to management on social, political, safety and environmental trends in public debate, public policy, regulation and legislation and consider additional corporate actions in response to such issues. It will receive periodic reports from the Company’s management regarding relationships with key external stakeholders that may have a significant impact on the Company’s business activities and performance. The Committee shall oversee and provide input to the Audit Committee on the Company’s management of risk associated with sustainability and safety to the Remuneration Committee for performance targets for the same.
- Meeting Frequency: 2x per year (minimum)
- Terms of Reference: Sustainability and Safety Committee Charter
Committee Chair: Sandra (Sandy) Stash
Committee Members: David E. Johnson, Kathryn Klaber