UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
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(Date of earliest event reported): July 6, 2020 (
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Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On June 30, 2020, Scott J. Reasoner, PDC Energy, Inc.’s (the “Company”) Senior Vice President and Chief Operating Officer, notified the Company that he plans to retire on or about August 31, 2020. Mr. Reasoner’s severance compensation has not been determined at this time.
Following Mr. Reasoner’s retirement, David J. Lillo, the Company’s Senior Vice President of Operations, will assume Mr. Reasoner’s duties and responsibilities. No changes to Mr. Lillo’s compensation have been determined at this time.
Mr. Lillo, 55, joined the Company in September 2015 as Vice President of Operations. In March of 2019 he was promoted to Senior Vice President of Operations. Mr. Lillo has over 31 years of experience in exploration, production, and operations engineering management. Prior to joining PDC, Mr. Lillo was with Bonanza Creek Energy, Inc. from 2013-2015 serving as Senior Vice President of Production & Operations, after being promoted from VP, Rocky Mountain Asset Management over the Rocky Mountain and Mid-Continent assets. From 2005-2013, Mr. Lillo held numerous positions with Noble Energy, Inc. including Development and Operations Manager, Manager of Major Projects and Infrastructure, and District Manager for the DJ Basin. Mr. Lillo holds a Bachelor of Science degree in Petroleum Engineering from the Colorado School of Mines.
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.
Dated: July 6, 2020 | PDC ENERGY, INC. | |
By: | /s/ Nicole Martinet | |
Name: | Nicole Martinet | |
Title: | General Counsel, Senior Vice President and Corporate Secretary |