Range Announces Planned Retirement of Executive Vice President and CFO Roger S. Manny and Promotion of Mark S. Scucchi to Sen...
November 09 2017 - 4:06PM
RANGE RESOURCES CORPORATION (NYSE:RRC) today
announced that Roger S. Manny, the Company’s Chief Financial
Officer plans to retire on May 16, 2018 after the Company’s 2018
Annual Stockholder Meeting. On that same date, the Company plans to
appoint Mark S. Scucchi, currently Vice President – Finance &
Treasurer to the position of Senior Vice President – Chief
Financial Officer.
Jeff Ventura, Chairman and CEO, commented,
“Since joining Range in 2003, Roger has been an invaluable part of
the senior management team. His professionalism and dedication have
played a large part in the Company’s many successes over the last
14 years.” Mr. Ventura also praised Mr. Manny’s planning for
succession and the Board’s selection of Mr. Scucchi as the next
CFO, “Among Roger’s contributions to the organization has been his
leadership in cultivating talent. In planning for succession,
he has done a great job recruiting and developing strong, talented
individuals and providing them the opportunity to show their
strengths and distinct abilities. There is no better example than
Mark Scucchi, who will assume the position of CFO upon Roger’s
retirement. Mark possesses a keen intellect and deep experience in
critical disciplines. In addition to his expertise and judgment
demonstrated since he joined Range, his prior work in banking and
public accounting give me great confidence in his ability to step
into the role of CFO and be effective from day one.”
Mr. Manny commented, “It has been a very high
honor to serve the shareholders of Range, alongside the Board of
Directors and approximately 760 fellow employees, for the past
fourteen years. Proper succession planning culminates
in the orderly passing of the baton to the next leader. Mark
is that leader, and that time is now. Mark is an extremely
talented finance and accounting professional; I am proud to have
him succeed me as CFO at Range. I will enjoy working closely with
Mark and the rest of the team over the next few months to ensure a
seamless transition and I know I will be leaving the Company and
the CFO role in great hands.”
Mark Scucchi joined Range in 2008, with
responsibilities including corporate finance, treasury, and
planning. Prior to joining Range, he worked for JPMorgan Securities
Inc. providing commercial and investment banking services to small
and mid-cap technology companies. Prior to JPMorgan, Mark spent a
number of years at Ernst & Young LLP in the audit practice
serving clients in the upstream oil & gas and utility sectors,
among others. He earned a Bachelor of Science in Business
Administration from Georgetown University and a Master of Science
in Accountancy from the University of Notre Dame. Mark is a CFA
charterholder and a CPA licensed in the state of Texas.
RANGE RESOURCES CORPORATION
(NYSE:RRC) is a leading U.S. independent natural gas, NGL
and oil producer with operations focused in stacked-pay projects in
the Appalachian Basin and North Louisiana. The Company
pursues an organic growth strategy targeting high return, low-cost
projects within its large inventory of low risk development
drilling opportunities. The Company is headquartered in Fort Worth,
Texas. More information about Range can be found at
www.rangeresources.com.
Range Investor Contacts:
Laith Sando, Vice President – Investor
Relations817-869-4267lsando@rangeresources.com
or
Range Media Contact:
Michael Mackin, Director of External Affairs
724-743-6776mmackin@rangeresources.com
www.rangeresources.com
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