Resolute Energy Corporation Appoints Three New Directors and Announces Intention to Declassify its Board
RESOLUTE ENERGY (REN)
Last resolute energy earnings: 11/5 04:15 pm
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US:NYSE Investor Relations:
resoluteenergy.com/investors-overview
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Source: GlobeNewswire
New Directors Added from Goff Capital, RR Advisors, and Monarch Alternative Capital Announces Settlement Agreement with Monarch Alternative Capital LP DENVER, May 15, 2018 (GLOBE NEWSWIRE) -- Resolute Energy Corporation (“Resolute” or the “Company”) (NYSE:REN) today announced that it has appointed three new outside directors, determined to seek stockholder approval of a proposal to declassify its Board of Directors and reached a settlement with Monarch Alternative Capital LP. In addition, as part of its ongoing effort to enhance stockholder value, the expanded Resolute Board will promptly conduct an in-depth review, assisted by its financial advisers, Goldman Sachs & Co. LLC and Petrie Partners, LLC, of Resolute’s business plan, competitive positioning and any potential strategic alternatives that will enhance the Company’s goal of creating stockholder value. The newly appointed directors are Joseph Citarrella, Managing Principal of Monarch Alternative Capital LP; Wilkie Colyer,
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