UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d)
of the Securities Exchange Act of 1934
Date of Report: July 21, 2015 (July 20, 2015)
(Date of Earliest Event Reported)
PENN VIRGINIA CORPORATION
(Exact Name of Registrant as Specified in its Charter)
Virginia | 1-13283 | 23-1184320 | ||
(State or Other Jurisdiction of Incorporation) |
(Commission File Number) |
(IRS Employer Identification No.) |
Four Radnor Corporate Center, Suite 200 100 Matsonford Road, Radnor, Pennsylvania |
19087 | |
(Address of Principal Executive Offices) | (Zip Code) |
Registrants telephone number, including area code: (610) 687-8900
Not Applicable
(Former name or former address, if changed since last report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
¨ | Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
¨ | Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
¨ | Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
¨ | Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Item 5.02. | Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. |
On July 20, 2015, Penn Virginia Corporation (the Company) announced that H. Baird Whitehead, President and Chief Executive Officer of the Company, had informed the Board of the Directors of the Company of his intention to retire. Mr. Whitehead has not set a specific retirement date, and he has indicated that he will continue to serve in his current position until a successor is named and an appropriate transition is complete.
Item 7.01. | Regulation FD Disclosure. |
On July 20, 2015, the Company announced the decision of Mr. Whitehead to retire from service with the Company. The press release is attached hereto as Exhibit 99.1 and is hereby incorporated into this Item 7.01. In accordance with General Instruction B.2 of Form 8-K, the information contained in this Item 7.01 and the press release are being furnished under Item 7.01 of Form 8-K and shall not be deemed filed for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the Exchange Act), or otherwise subject to the liabilities of that section, nor shall such information and exhibit be incorporated by reference into any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference in such a filing.
Item 9.01. | Financial Statements and Exhibits. |
(d) | Exhibits. |
99.1 | Press release of Penn Virginia Corporation dated July 20, 2015. |
1
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.
Date: July 21, 2015
Penn Virginia Corporation | ||
By: | /s/ Nancy M. Snyder | |
Name: | Nancy M. Snyder | |
Title: | Executive Vice President, Chief Administrative Officer, General Counsel and Corporate Secretary |
2
Exhibit |
Description | |
99.1 | Press release of Penn Virginia Corporation dated July 20, 2015. |
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Exhibit 99.1
Four Radnor Corporate Center, Suite 200
Radnor, PA 19087
Ph: (610) 687-8900 Fax: (610) 687-3688
www.pennvirginia.com
FOR IMMEDIATE RELEASE
PENN VIRGINIA CORPORATION CHIEF EXECUTIVE OFFICER AND PRESIDENT BAIRD WHITEHEAD
ANNOUNCES RETIREMENT; BOARD COMMENCES CHIEF EXECUTIVE OFFICER SEARCH
RADNOR, PA (Globe Newswire) July 20, 2015 Penn Virginia Corporation (NYSE: PVA) today announced that H. Baird Whitehead has informed the Board of Directors of his plan to retire as President and Chief Executive Officer after more than 14 years of service, including four years in his current position. The Board of Directors has formed a committee to commence a search to identify a new President and Chief Executive Officer, and has retained SpencerStuart, a nationally recognized recruiting firm, to advise the Board on potential candidates. Mr. Whitehead will continue to serve until a successor is named and the CEO transition is complete.
On behalf of the Board, I want to thank Baird for his leadership, dedication and commitment to the Company over the past 14 years, said Edward B. Cloues, II, Chairman of the Board. He has been a strong leader, and one who has not only managed the Company through some of the industrys most challenging times, but also saw Penn Virginia through a transformation over a short period of time from a geographically diverse producer of virtually all natural gas to an almost exclusively Eagle Ford producer of principally oil.
******
Penn Virginia Corporation (NYSE: PVA) is an independent oil and gas company engaged in the exploration, development and production of oil, NGLs and natural gas in various domestic onshore regions of the United States, with a primary focus in the Eagle Ford Shale in south Texas. For more information, please visit our website at www.pennvirginia.com.
Contact: | James W. Dean | |
Vice President, Corporate Development | ||
Ph: (610) 687-7531 Fax: (610) 687-3688 | ||
E-Mail: invest@pennvirginia.com |
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