Antero Resources and Antero Midstream have announced Michael N. Kennedy as the new Chief Executive Officer and President of both companies, effective immediately. Kennedy will also serve on the Boards of Directors of both companies. He joins from his current role as Chief Financial Officer of Antero Resources and SVP-Finance of Antero Resources and Antero Midstream. Kennedy replaces Paul M. Rady, who will become Chairman Emeritus.
Antero Resources Corporation (NYSE: AR) and Antero Midstream Corporation (NYSE: AM) have announced significant leadership changes, with Michael N. Kennedy appointed as the new Chief Executive Officer and President of both companies, effective immediately. Kennedy will also serve on the Boards of Directors of both companies. He joins from his current role as Chief Financial Officer of Antero Resources and Senior Vice President—Finance of Antero Resources and Antero Midstream. Kennedy replaces Paul M. Rady, who will become Chairman Emeritus.
Kennedy's appointment marks a period of strategic leadership continuity and organizational stability. He has been with Antero since 2013 and has served as the CFO since 2021. His extensive experience in the oil and gas industry, including previous roles at Forest Oil Corporation, positions him to lead the companies through their current growth opportunities.
The appointment of Kennedy as CEO and President of both companies follows a planned succession strategy. The separation of the Chairman and CEO roles aligns with modern corporate governance best practices. Benjamin A. Hardesty will become Chairman of Antero Resources, and David H. Keyte will become Chairman of Antero Midstream. This change aims to strengthen independent oversight while maintaining leadership continuity.
The broader leadership reorganization demonstrates a depth of internal talent. Brendan E. Krueger has been appointed as CFO of Antero Resources, Justin J. Agnew as CFO of Antero Midstream, and Yvette K. Schultz has joined Antero Midstream's Board of Directors. These appointments suggest robust succession planning throughout the organization.
The timing of this leadership transition coincides with significant industry opportunities, such as growth in LNG and data center demand. This strategic context indicates that the change is well-planned rather than reactive, suggesting organizational stability and a focus on growth.
Michael N. Kennedy's appointment as CEO and President of both Antero Resources and Antero Midstream represents a continuation of the companies' strategic direction under new leadership. The appointment of experienced leaders in key positions signals a commitment to maintaining Antero's position as an industry leader.
References:
1. [Antero Resources Corporation 8-K Filing](https://www.stocktitan.net/sec-filings/AR/8-k-antero-resources-corporation-reports-material-event-23e507d0d589.html)
2. [Antero Resources and Antero Midstream Announce Michael N. Kennedy as CEO](https://www.stocktitan.net/news/AR/antero-resources-and-antero-midstream-announce-michael-n-kennedy-to-r30odfqcvoyc.html)
3. [Antero Resources and Antero Midstream Announce Michael N. Kennedy as Chief Executive Officer](https://www.prnewswire.com/news-releases/antero-resources-and-antero-midstream-announce-michael-n-kennedy-to-serve-as-chief-executive-officer-president-and-director-302530559.html)
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