- Range Resources (NYSE:RRC +1%) and 17% owner SailingStone Capital Partners reach an agreement to appoint two mutually agreed upon independent directors to RRC's board.
- With the planned appointments, along with the recent departure of a director and the planned departure of a second director effective Sept. 30, RRC's board would be comprised of 10 directors, nine of them independent, but will be reduced to nine members by the 2019 annual stockholder meeting.
- RRC also will separate the Chairman and CEO roles, and the board appoints Greg Maxwell as Chairman, effective immediately.