HOUSTON, Sept. 10, 2018 (GLOBE NEWSWIRE) — Penn Virginia Corporation (“Penn Virginia” or the “Company”) (NASDAQ:PVAC) today announced that V. Frank Pottow has joined the Board of Directors as a new independent member, effective September 10, 2018.
Mr. Pottow is the Co-Founder of GCP Capital and has been a Managing Director and member of the investment committee of Greenhill Capital Partners since July 2002. Mr. Pottow has more than 25 years of private equity investment experience, with a focus on energy companies. Prior to GCP Capital, Mr. Pottow was a founding partner of Société Générale’s US private equity affiliate SG Capital Partners and a Principal of Odyssey Partners, L.P. Mr. Pottow graduated cum laude from The Wharton School of the University of Pennsylvania in 1986 and from Harvard Business School in 1990 with high distinction as a Baker Scholar.
“After an extensive six month search, we are pleased to welcome an individual with Frank’s depth of experience in our industry to Penn Virginia’s Board of Directors,” said Darin G. Holderness, co-Chairman of the Board. “He brings many years of private equity investment experience primarily in the energy sector and has served as a board member for several other energy companies. He will no doubt be a significant contributor and valuable asset to our Board and our Company as we continue to evaluate strategic alternatives.”
About Penn Virginia Corporation
Penn Virginia Corporation is a pure-play independent oil and gas company engaged in the development and production of oil, NGLs and natural gas, operating in the Eagle Ford shale in south Texas. For more information, please visit our website at www.pennvirginia.com.