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QEP Resources appoints 2 directors


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QEP Resources appoints 2 directors

QEP Resources Inc. appointed Joseph Jaggers and Barth Whitham to its board of directors, effective Oct. 20, according to an Oct. 23 news release.

The appointments are in accordance with a previously announced cooperation agreement with Elliott Management Corp. The activist hedge fund offered to buy QEP in January.

The two directors will serve on the company's newly formed operations committee chaired by QEP President and CEO Timothy Cutt.

Jaggers was president, CEO, chairman and founder of independent oil and natural gas company Jagged Peak Energy Inc. from 2013 to 2018.

Whitham is president and CEO of Denver-based Enduring Resources LLC.