Denbury Resources Inc. announces the appointment of Michael B. Decker, of Dallas, Texas, and Michael L. Beatty of Denver, Colorado, to its Board of Directors ("Board") and the resignation of current director Donald Wolf, of Denver, Colorado.
Mr. Decker, an investment professional, is a principal with Wingate Partners, a private equity investment company. Prior to joining Wingate Partners, Mr. Decker held the post of Chief Operating Officer of the Trammell Crow Company, where he led the restructuring of the largest real estate firm in the United States. He previously was President of Huffco Group, Inc., an energy exploration company. Mr. Decker serves as a board member for S&N Communications, has served as a consultant for the Boston Consulting Group and has worked as an Investment Officer for the World Bank. Mr. Decker holds an MBA from the Harvard Business School, an MA from Oxford University, and an AB from Princeton University.
For the past ten years, Mr. Beatty, of Denver, Colorado, has been Chairman and Chief Executive Officer of the law firm of Beatty & Wozniak, P.C. Over the course of his eight-year tenure at The Coastal Corporation from 1985 to 1993, he held the positions of Executive Vice President, Director and General Counsel. He also served as Chief of Staff to the governor of Colorado from 1993 to 1995 and is a Harvard Law School graduate.
Ron Greene, Chairman of the Board, said, "We are very excited about the contributions that Michael Decker's and Michael Beatty's varied experiences will bring to Denbury as we continue our success in growing as a focused and disciplined Company. I want to thank Don Wolf for his valuable service to Denbury and for providing us with important strategic insights growing out of his extensive and successful career in the oil and gas exploration and production industry."
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