People: PDC Energy Inc (PDCE.OQ)
PDCE.OQ on NASDAQ Stock Exchange Global Select Market
53.39USD
1 Aug 2013
53.39USD
1 Aug 2013
Price Change (% chg)
$-1.76 (-3.19%)
$-1.76 (-3.19%)
Prev Close
$55.15
$55.15
Open
$52.81
$52.81
Day's High
$56.41
$56.41
Day's Low
$52.33
$52.33
Volume
245,466
245,466
Avg. Vol
129,469
129,469
52-wk High
$57.64
$57.64
52-wk Low
$23.27
$23.27
Summary
| Name | Age | Since | Current Position |
|---|---|---|---|
Jeff Swoveland |
2011 | Non-Executive Independent Chairman of the Board | |
James Trimble |
63 | 2011 | President, Chief Executive Officer, Director |
Gysle Shellum |
60 | 2008 | Chief Financial Officer |
Barton Brookman |
49 | 2013 | Chief Operating Officer, Executive Vice President |
Lance Lauck |
49 | 2012 | Senior Vice President - Corporate Development |
Daniel Amidon |
51 | 2007 | General Counsel, Secretary |
Joseph Casabona |
68 | 2007 | Independent Director |
Anthony Crisafio |
59 | 2006 | Independent Director |
Larry Mazza |
51 | 2007 | Independent Director |
David Parke |
2003 | Independent Director | |
Kimberly Wakim |
54 | 2003 | Independent Director |
Ronald Wirth |
Director of Investor Relations |
Biographies
| Name | Description |
|---|---|
Jeff Swoveland |
Mr. Jeffrey C. Swoveland serves as Non-Executive Independent Chairman of the Board of Petroleum Development Corporation effective June 10, 2011. He is President and Chief Executive Officer of ReGear Life Sciences, Inc. in Pittsburgh, Pennsylvania (previously named Coventina Healthcare Enterprises), which develops and markets medical device products, where he was previously Chief Operating Officer. From 2000 until 2007, Mr. Swoveland served as Chief Financial Officer of Body Media, Inc., a life-science company specializing in the design and development of wearable body monitoring products and services. Prior thereto, Mr. Swoveland held various positions including Vice President of Finance, Treasurer and interim Chief Financial Officer with Equitable Resources, Inc., a diversified natural gas company, from 1994 to September 2000. Mr. Swoveland also has worked as a geologist and exploratory geophysicist for independent oil and gas companies. Mr. Swoveland serves as a member of the Board of Directors of Linn Energy, LLC, a public independent natural gas and oil company. |
James Trimble |
Mr. James M. Trimble is President, Chief Executive Officer, Director of Petroleum Development Corporation. He was appointed President and Chief Executive Officer of the Company in June 2011, having served on the Board since 2009. From August 2005 until November 2010, Mr. Trimble served as Managing Director of Grand Gulf Energy, Limited (ASX: GGE), a public company traded on the Australian Securities Exchange, and retired from the Board of Directors of Grand Gulf Energy, Limited in November 2011. In January 2005, Mr. Trimble founded and served until November 2010 as President and Chief Executive Officer of the U.S. subsidiary Grand Gulf Energy Company LLC, an exploration and development company focused primarily on drilling in mature basins in Texas, Louisiana and Oklahoma. From 2000 through 2004, Mr. Trimble was Chief Executive Officer of Elysium Energy and then Tex-Cal Energy LLC, both of which were privately held oil and gas companies that he managed through troubled workout solutions. Prior to this, he was Senior Vice President of Exploration and Production for Cabot Oil and Gas (NYSE: COG). Mr. Trimble was hired in July 2002 as CEO of TexCal (formerly Tri-Union Development) to manage a distressed oil and gas company through bankruptcy, and that company filed for Chapter 11 reorganization within 45 days after the date that Mr. Trimble accepted such employment. He managed the company through its exit from bankruptcy in 2004. From November 2002 until May 2006, he also served as a director of Blue Dolphin Energy, an independent oil and gas company with operations in the Gulf of Mexico. Mr. Trimble currently serves on the Board of Directors of Seisgen Exploration LLC, a small private exploration and production company operating in southern Texas. |
Gysle Shellum |
Mr. Gysle R. Shellum is Chief Financial Officer of Petroleum Development Corporation since November 11, 2008. Prior to joining the Company, Mr. Shellum served from September 2004 through September 2008 as Vice President, Finance and Special Projects of Crosstex Energy, L.P. in Dallas, Texas. Crosstex Energy, L.P. is a publicly traded Delaware limited partnership whose securities are listed on the NASDAQ Global Select Market and is an independent midstream energy company engaged in the gathering, transmission, treating, processing and marketing of natural gas and natural gas liquids. Mr. Shellum holds a BBA in Accounting from the University of Texas, Arlington. |
Barton Brookman |
Mr. Barton R. Brookman, Jr., has been appointed as Chief Operating Officer, Executive Vice President of PDC Energy, Inc., effective June 6, 2013. Mr. Brookman’s previous title was Senior Vice President—Exploration and Production. Prior to joining PDC in July 2005, Mr. Brookman worked for Patina Oil and Gas and its predecessor Snyder Oil from 1988 until 2005 in a series of operational and technical positions of increasing responsibility, ending his service at Patina as Vice President of Operations. Mr. Brookman holds a B.S. in Petroleum Engineering from the Colorado School of Mines and a M.S. in Finance from the University of Colorado. |
Lance Lauck |
Mr. Lance A. Lauck is Senior Vice President - Corporate Development of Petroleum Development Corporation. He joined PDC in August 2009 as Senior Vice President Business Development. Previously, he served as Vice President — Acquisitions and Business Development for Quantum Resources Management LLC from 2006 to 2009. From 1988 until 2006, Mr. Lauck worked for Anadarko Petroleum Corporation, where he initially held production, reservoir and acquisition engineering positions before being promoted to various management -level positions in the areas of acquisitions and divestitures, corporate mergers and business development. From 1984 to 1988, Mr. Lauck worked as a production engineer for Tenneco Oil Company. Mr. Lauck graduated from the University of Missouri-Rolla in 1984 with a bachelor of science degree in Petroleum Engineering. |
Daniel Amidon |
Mr. Daniel W. Amidon is General Counsel and Secretary of Petroleum Development Corporation since July 2007. Prior to joining PDC, Mr. Amidon was employed by Wheeling-Pittsburgh Steel Corporation beginning in July 2004, where he served in several positions including General Counsel and Secretary. Prior to his employment with Wheeling-Pittsburgh Steel, Mr. Amidon was employed by J&L Specialty Steel Inc. from 1992 through July 2004 in positions of increasing responsibility, including General Counsel and Secretary. Mr. Amidon practiced with the Pittsburgh law firm of Buchanan Ingersoll PC from 1986 through 1992. Mr. Amidon graduated from University of Virginia, with honors, majoring in economics. He received his J.D. from the Dickinson School of Law (currently named Penn State Law). |
Joseph Casabona |
Mr. Joseph E. Casabona is an Independent Director of Petroleum Development Corporation since October 26, 2007. He served as Executive Vice President and member of the Board of Directors of Denver-based Energy Corporation of America (“ECA”) from 1985 until his retirement in May 2007. ECA is a privately-held energy company that owns and operates assets both in the U.S. and around the world, including approximately 5,200 wells, 5,000 miles of pipeline, and 1,000,000 acres. As the primary direct report to the Chief Executive Officer of ECA, Mr. Casabona’s responsibilities included strategic planning/forecasting, acquisitions, capital transactions, corporate policy, as well as executive oversight in operational and drilling activities in the continental U.S. and internationally. From 1968 until 1985, Mr. Casabona was employed at KPMG Main Hurdman, or its predecessors, with various titles, including audit partner in the Pittsburgh, Pennsylvania office, where he primarily serviced public clients in the oil and gas industry. From 2008 until the beginning of 2011, Mr. Casabona served as Chief Executive Officer of Paramax Resources Ltd, a junior public Canadian oil and gas company engaged in the business of acquiring and exploration of oil and gas prospects, primarily in Canada and Idaho. |
Anthony Crisafio |
Mr. Anthony J. Crisafio is an Independent Director of Petroleum Development Corporation since October 3, 2006. He is a Certified Public Accountant, has served as an independent business consultant for more than fifteen years, providing financial and operational advice to businesses in a variety of industries and stages of development. He is currently serving as part-time contract Chief Financial Officer for Empire Energy USA, LLC, which operates approximately 2,500 wells primarily in New York and Kansas and is 90% owned by Empire Energy Group Limited, an energy investment company listed on the Australian Securities Exchange. He also serves as an interim Chief Financial Officer and Advisory Board member for a number of privately held companies and has been a Certified Public Accountant for more than thirty years. Mr. Crisafio served as Chief Operating Officer, Treasurer and member of the Board of Directors of Cinema World, Inc. from 1989 until 1993. From 1975 until 1989, he was employed by Ernst & Young and was a partner with Ernst & Young from 1986 to 1989. He was responsible for several Securities and Exchange Commission (“SEC”) registered client engagements and gained experience with oil and gas industry clients and mergers and acquisitions. |
Larry Mazza |
Mr. Larry F. Mazza is an Independent Director of Petroleum Development Corporation since October 26, 2007. He is Chief Executive Officer of MVB Financial Corp., the parent of multiple banks in West Virginia. He is a recognized name in West Virginia banking with more than 25 years of experience in both banks and community banks. Mr. Mazza is one of seven members of the West Virginia Board of Banking and Financial Institutions. This Board oversees the operation of financial institutions throughout West Virginia, and advises the state Commissioner of Banking on banking matters. Mr. Mazza is also an entrepreneur, and is co-owner of nationally-recognized sports media business Football Talk, LLC, which is one of the fastest growing pro football websites and a content provider for NBC SportsTalk. Prior to joining MVB in 2005 to lead its geographic expansion and growth, Mr. Mazza was Senior Vice President & Retail Banking Manager for BB&T Bank’s #1 ranked retail region West Virginia North, consisting of 33 financial centers and more than 300 employees. Mr. Mazza was employed by BB&T and its predecessors from 1986 to 2005. Previous to this, Mr. Mazza was President of Empire National Bank at the age of 29, and later served as Regional President of One Valley Bank, a state-wide financial institution. Upon graduation from West Virginia University in Business Administration, he joined KPMG, a Big Four accounting firm, as a CPA with a focus on auditing. |
David Parke |
Mr. David C. Parke is an Independent Director of Petroleum Development Corporation since November 10, 2003. From 2006 until 2011, he was Managing Director in the investment banking group of Boenning & Scattergood, Inc., a regional investment bank. Prior to joining Boenning & Scattergood, he was a Director with investment banking firm Mufson Howe Hunter & Company LLC, from October 2003 to November 2006. From 1992 through 2003, Mr. Parke was Director of Corporate Finance of Investec, Inc. and its predecessor, Pennsylvania Merchant Group Ltd., both investment banking companies. Prior to joining Pennsylvania Merchant Group, Mr. Parke served in the corporate finance departments of Wheat First Butcher & Singer, now part of Wells Fargo, and Legg Mason, Inc., now part of Stifel Nicolaus. Mr. Parke seved on the board of directors of Zunicom, Inc., a public company, from 2006 until December 2007. |
Kimberly Wakim |
Ms. Kimberly Luff Wakim is an Independent Director of Petroleum Development Corporation since January 24, 2003. She is an attorney and a Certified Public Accountant, is a Partner with the Pittsburgh, Pennsylvania law firm Thorp, Reed & Armstrong LLP, where she is the Practice Group Leader for the Bankruptcy and Financial Restructuring Practice Group. She has practiced law with Thorp, Reed & Armstrong since 1990. Ms. Wakim has been on a leave of absence from the firm since June 2010, for health reasons, but expects to return in mid-2012. Ms. Wakim was previously an auditor with Main Hurdman (now KPMG) and was Assistant Controller for PDC from 1982 to 1985. She has been a member of the American Institute of Certified Public Accountants and the West Virginia Society of CPAs for more than eighteen years. |
Ronald Wirth |
Basic Compensation
| Name | Fiscal Year Total |
|---|---|
Jeff Swoveland |
-- |
James Trimble |
3,287,420 |
Gysle Shellum |
1,441,280 |
Barton Brookman |
1,126,350 |
Lance Lauck |
1,206,820 |
Daniel Amidon |
977,496 |
Joseph Casabona |
-- |
Anthony Crisafio |
-- |
Larry Mazza |
-- |
David Parke |
-- |
Kimberly Wakim |
-- |
Ronald Wirth |
-- |
As Of 30 Dec 2011
Options Compensation
| Name | Options | Value |
|---|---|---|
Jeff Swoveland |
0 | 0 |
James Trimble |
0 | 0 |
Gysle Shellum |
0 | 0 |
Barton Brookman |
0 | 0 |
Lance Lauck |
0 | 0 |
Daniel Amidon |
0 | 0 |
Joseph Casabona |
0 | 0 |
Anthony Crisafio |
0 | 0 |
Larry Mazza |
0 | 0 |
David Parke |
0 | 0 |
Kimberly Wakim |
0 | 0 |
Ronald Wirth |
0 | 0 |
| Name | Shares Traded | Price |
|---|---|---|
MEYERS R SCOTT |
639 | $53.07 |
WAKIM KIMBERLY LUFF |
1,027 | $53.07 |
MAZZA LARRY F |
1,245 | $53.07 |
PARKE DAVID C |
1,307 | $53.07 |
CRISAFIO ANTHONY J |
1,245 | $53.07 |
SWOVELAND JEFFREY C |
1,245 | $53.07 |
WAKIM KIMBERLY LUFF |
2,725 | $0.00 |
MAZZA LARRY F |
2,725 | $0.00 |
CRISAFIO ANTHONY J |
2,725 | $0.00 |
CASABONA JOSEPH E |
2,725 | $0.00 |
SWOVELAND JEFFREY C |
3,431 | $0.00 |
PARKE DAVID C |
2,725 | $0.00 |
MEYERS R SCOTT |
373 | $43.21 |
SHELLUM GYSLE R |
1,555 | $40.54 |
BROOKMAN BARTON R JR |
1,519 | $40.54 |
AMIDON DANIEL WILLSON |
1,430 | $40.54 |
LAUCK LANCE A |
1,340 | $40.54 |
MEYERS R SCOTT |
4,211 | $0.00 |
MEYERS R SCOTT |
1,301 | $49.57 |
AMIDON DANIEL WILLSON |
745 | $51.99 |
SHELLUM GYSLE R |
1,564 | $51.99 |
BROOKMAN BARTON R JR |
723 | $51.99 |
LAUCK LANCE A |
672 | $51.99 |
WAKIM KIMBERLY LUFF |
2,000 | $47.19 |
AMIDON DANIEL WILLSON |
6,215 | $47.48 |

