Intel stock spikes after report of possible US government stake
LONDON - Diversified Energy Company PLC (LSE:DEC, NYSE: DEC) announced Wednesday that Sandra Stash will resign from its Board of Directors effective August 12, 2025, due to other commitments.
Stash, who has served on the board since 2019, is departing on good terms, according to the company’s press release statement.
Following her departure, current Independent (LON:IOG) Director David Turner is expected to assume the role of Senior Independent Director. Additionally, Board member Kathryn Klaber will be appointed chair of the Sustainability Committee, while Martin Thomas will join the Audit & Risk Committee. All appointments will take effect on August 12.
David Johnson, Non-Executive Chairman of the Board, acknowledged Stash’s contributions in the announcement: "We have valued and appreciated her insight and industry expertise. We wish her well in her future endeavors."
In her statement, Stash said: "It has been an honor to work with Diversified’s Board and executive management. Rusty and his team have done a tremendous job growing the Company, and I look forward to celebrating its continued success as a shareholder."
The company noted that its Nomination Committee remains committed to maintaining a diverse board with complementary experience to support long-term goals.
Diversified Energy stated that the announcement was made in accordance with UK Listing Rule 6.4.6R.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.