Richard W. Connor has resigned from the boards of directors of Antero Resources (stock ticker: $AR) and Antero Midstream Partners (stock ticker: $AM) effective January 24, 2019, for personal reasons.
Antero said Connor’s resignation was not the result of any disagreement with the company or the partnership, or any of its affiliates on any matter relating to operations, policies or practices.
Connor was also chairman of the Antero Resources board’s audit committee. To fill the gap, Paul J. Korus, currently a member of the audit committee, was appointed chairman of the audit committee.
Paul M. Rady, chairman and CEO of Antero Midstream commented, “I would like to thank Rick for his contribution to Antero Midstream’s success through these past years. Rick joined the Board at the time of our initial public offering and has contributed significantly to the partnership’s progress during his tenure.”
Paul J. Korus has been appointed to the Antero Midstream Partners board as well, effective immediately, and is expected to serve until the consummation of the previously announced simplification transaction. Korus is an independent director.
Korus was SVP and CFO of Cimarex Energy from September 2002 until his retirement in 2015, and held the same positions with its predecessor, Key Production Company, from 1999 through 2002. Korus was a senior research analyst with Petrie Parkman & Co and he held positions in corporate planning and investor relations with Apache Corporation for thirteen years from 1982 to 1995. He graduated with a Bachelor of Science in economics and a Master of Science in accounting from the University of North Dakota.
