Press Releases May 21, 2026 06:01 AM

Diversified Energy Provides Board of Director Update

Diversified Energy appoints Kirk Oliver to Board of Directors to enhance leadership with seasoned energy industry expertise.

By Priya Menon DEC

Diversified Energy Company announced the appointment of Kirk Oliver as an independent non-executive director on its Board, effective May 21, 2026. Mr. Oliver brings two decades of energy and financial experience, including previous executive roles at Equitrans Midstream Corporation and UGI. His addition to the Board's Audit and Risk and Sustainability and Safety Committees is expected to strengthen Diversified's strategy of acquiring, operating, and optimizing cash-generating energy assets with a focus on environmental and operational improvements.

Diversified Energy Provides Board of Director Update
DEC

Key Points

  • Appointment of Kirk Oliver as an independent non-executive director with ~20 years of energy and financial expertise.
  • Mr. Oliver will join the Audit and Risk and Sustainability and Safety Committees of the Board.
  • Diversified Energy emphasizes its strategy of acquiring and optimizing long-life energy assets with a focus on sustainability and shareholder value.

Diversified Energy Provides Board of Director Update

BIRMINGHAM, Ala., May 21, 2026 (GLOBE NEWSWIRE) -- Diversified Energy Company (NYSE: DEC, LSE: DEC) is pleased to announce that its Board of Directors (the “Board”) has appointed Kirk Oliver as an independent non-executive director, effective May 21, 2026.

Mr. Oliver brings approximately 20 years of energy industry and financial expertise. He most recently served as Executive Vice President and Chief Financial Officer of Equitrans Midstream Corporation.

Prior to joining Equitrans, Mr. Oliver was the Chief Financial Officer of UGI. Mr. Oliver has also held senior executive and financial leadership positions at Allegheny Energy, TXU Corporation and Hunt Power. Earlier in his career, Mr. Oliver worked in investment banking at Lehman Brothers in the Global Power and Energy Group. Mr. Oliver received his Bachelor of Science degree in Electrical Engineering from Lawerence Technological University and holds a Masters in Business Administration from the University of Chicago Booth School of Business.

Upon his appointment, Mr. Oliver will become a member of the Board’s Audit and Risk and Sustainability and Safety Committee.

Commenting on the appointment, David Johnson, Chairman, said:

“It is my pleasure to welcome Kirk to Diversified’s Board of Directors. His breadth of experience, leadership, and reputation in the energy industry will provide valuable perspectives. We look forward to Kirk’s contributions as Diversified continues to progress its strategy of acquiring, operating, and optimizing cash generating energy assets that create value for shareholders.”

For further information, please contact:

Diversified Energy Company     Doug Kris
   [email protected] Senior Vice President, Investor Relations
& Corporate Communications   973 856 2757      FTI Consulting    [email protected]. & UK Financial Public Relations    


About Diversified Energy Company 

Diversified is a leading publicly traded energy company focused on acquiring, operating, and optimizing cash generating energy assets. Through our unique differentiated strategy, we acquire existing, long-life assets and invest in them to improve environmental and operational performance until retiring those assets in a safe and environmentally secure manner. Recognized by ratings agencies and organizations for our sustainability leadership, this solutions-oriented, stewardship approach makes Diversified the Right Company at the Right Time to responsibly produce energy, deliver reliable free cash flow, and generate shareholder value.


Risks

  • Dependence on successful integration and management of acquired energy assets impacting operational performance.
  • Risks related to environmental and regulatory compliance inherent in energy sector operations.
  • Market fluctuations and energy demand volatility could affect cash flow and shareholder returns.

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