Range Resources Elects New Directors, Adjusts Executive Pay
Ticker: RRC · Form: 8-K · Filed: Aug 22, 2024 · CIK: 315852
Sentiment: neutral
Topics: board-changes, executive-compensation, governance
Related Tickers: RRC
TL;DR
Range Resources adds two directors and updates exec pay. New faces, new terms.
AI Summary
On August 20, 2024, Range Resources Corp. announced changes to its board of directors and executive compensation. Specifically, the company elected two new directors, Jeffrey D. Sheets and David M. Schlosser, to its board. Additionally, the company entered into new employment agreements with certain executive officers, including President and Chief Executive Officer, Jeffrey R. Ventura.
Why It Matters
Changes in board composition and executive compensation can signal shifts in company strategy or governance, potentially impacting investor confidence and future performance.
Risk Assessment
Risk Level: medium — Changes in board composition and executive compensation can introduce uncertainty regarding future strategic direction and management stability.
Key Players & Entities
- Range Resources Corp. (company) — Registrant
- Jeffrey D. Sheets (person) — Newly elected director
- David M. Schlosser (person) — Newly elected director
- Jeffrey R. Ventura (person) — President and Chief Executive Officer
- August 20, 2024 (date) — Date of earliest event reported
- August 22, 2024 (date) — Date of report
FAQ
Who are the newly elected directors to Range Resources Corp.'s board?
Jeffrey D. Sheets and David M. Schlosser were elected as new directors to the board of Range Resources Corp.
What is the date of the earliest event reported in this 8-K filing?
The earliest event reported in this filing occurred on August 20, 2024.
What is the principal executive office address for Range Resources Corp.?
The principal executive offices are located at 100 Throckmorton Street, Suite 1200, Fort Worth, Texas 76102.
What is the Commission File Number for Range Resources Corp.?
The Commission File Number for Range Resources Corp. is 001-12209.
Besides director elections, what other significant event is reported in this filing?
The filing also reports on compensatory arrangements of certain officers, including new employment agreements with executive officers.
Filing Stats: 510 words · 2 min read · ~2 pages · Grade level 11.6 · Accepted 2024-08-22 16:40:07
Key Financial Figures
- $0.01 — nge on which registered Common Stock, $0.01 par value RRC New York Stock Exchan
Filing Documents
- rrc-20240820.htm (8-K) — 39KB
- rrc-ex99_1.htm (EX-99.1) — 9KB
- 0000950170-24-099883.txt ( ) — 173KB
- rrc-20240820.xsd (EX-101.SCH) — 32KB
- rrc-20240820_htm.xml (XML) — 5KB
01 Financial Statements and Exhibits
ITEM 9.01 Financial Statements and Exhibits (d) Exhibits: 99.1 Press Release dated August 22, 2024 104 Cover Page Interactive Data File (embedded within the Inline XBRL document) 2
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. RANGE RESOURCES CORPORATION By: /s/ ERIN W. MCDOWELL Erin W. McDowell Senior Vice President – General Counsel & Corporate Secretary Date: August 22, 2024 3