{"id":990664,"date":"2026-08-05T22:23:01","date_gmt":"2026-08-06T02:23:01","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/diversified-energy-provides-board-of-directors-update\/"},"modified":"2026-08-05T22:23:01","modified_gmt":"2026-08-06T02:23:01","slug":"diversified-energy-provides-board-of-directors-update","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/diversified-energy-provides-board-of-directors-update\/","title":{"rendered":"Diversified Energy Provides Board of Directors Update"},"content":{"rendered":"
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BIRMINGHAM, Ala., Aug. 05, 2026 (GLOBE NEWSWIRE) — Diversified Energy Company (NYSE: DEC, LSE: DEC) (the \u201cCompany\u201d or \u201cDiversified\u201d) today announces that David Johnson is retiring from the Board of Directors and stepping down as Chairman of the Board, effective August 5, 2026, following over nine years of service, having joined the Board in February 2017. Mr. Johnson is retiring in order to pursue personal interests and leaves with the Company\u2019s best wishes.<\/p>\n

Commenting on the retirement of Mr. Johnson, Rusty Hutson, Jr., said:<\/p>\n

\n \u201cOn behalf of everyone at Diversified Energy, I extend my sincere appreciation to David for his extraordinary leadership and steady presence throughout his tenure as a member of the Board, as well as the valuable expertise and guidance he has provided to our organization. His leadership and commitment to strong governance have helped position us for long-term success.\u201d<\/em>\n <\/p>\n

Mr. Johnson states:<\/p>\n

\n \u201cServing on the Board of Diversified Energy, including as Chairman for several years, has been a huge privilege and honor. Diversified is a company with extraordinary employees and Board members who will remain good friends. The company has seen strong growth since its IPO in 2017 and has always maintained a strong culture of working hard and getting things done. I\u2019m proud to leave the company in great shape and know that Rusty will lead it to even further success in the years to come. I wish Rusty and the whole Diversified team the very best for the future.\u201d<\/em>\n <\/p>\n

In light of his extensive knowledge of Diversified\u2019s operations, industry and strategic objectives, the Board has appointed Rusty Hutson, Jr., Diversified\u2019s Founder, Chief Executive Officer and Board member, to serve as the Chairman of the Board, effective August 5, 2026.<\/p>\n

The Board is also making the following additional updates:<\/p>\n