Board of Directors

Chair
Member

Robert M. Post

Non-executive Chairman

Prior to retiring from Diversified in an executive capacity in 2017, Mr. Post held a pivotal role as a Co-Founder with Mr. Rusty Hutson Jr. For over 12 years, Mr. Post helped establish Diversified as a proven and established producer throughout the Appalachian Region. He has enjoyed a long and successful career as a business leader, and his expertise has been inherent to the growth and success of several companies. Notably, his tenure as Controller for Whiting Corporation led him to the establishment of TramBeam, an overhead crane company that he purchased from the firm. Mr. Post owned and operated TramBeam successfully for 20 years before selling it in 2002 to a London based corporation, FKI Industries. His additional accolades include a Bachelors of Science degree in Accounting with a minor in Finance from Jacksonville State University in Alabama.

Committees

Robert “Rusty” Hutson, Jr.

Co-Founder & Chief Executive Officer

Born and raised in West Virginia, Mr. Hutson, Jr. is the fourth generation in his family to immerse himself in the oil and gas industry, with family roots dating back to the early 1900s. Rusty spent many summers of his youth working with his father and grandfather in the oil fields of West Virginia. He graduated from Fairmont State College (WV) with a degree in accounting and earned his CPA License (Ohio). After college, Rusty spent 13 years steadily progressing into multiple leadership roles at well-known banking institutions such as Bank One and Compass Bank. His final years in the banking industry were spent as CFO of Compass Financial Services. Building upon his experiences in the Oil & Gas Industry as well as the financial sector, Rusty established Diversified Gas & Oil in 2001. After years of refining his strategy, Rusty and his team quietly took DGO public in 2017. He continues to lead his team and expand the company’s footprint throughout the Appalachian Basin. With a rapidly growing portfolio, Rusty remains focused on operational excellence and creating shareholder value.

Brad Gray

Executive Vice President and Chief Operating Officer

Prior to joining the Company in October 2016, Mr. Gray held the position of Senior Vice President and Chief Financial Officer for Royal Cup, Inc., a United States based commercial coffee roaster and wholesale distributor of tea and other beverage related products. Prior to Royal Cup, Inc., from 2006 to 2014, Brad worked in the petroleum distribution industry for The McPherson Companies, Inc. and held the position of Executive Vice President and Chief Financial Officer. Before McPherson Companies, he worked for over a decade in various financial and operational roles with the previously listed NYSE retail group, Saks Incorporated. Brad received a Bachelors of Science degree in Accounting from the University of Alabama and earned his CPA license (Alabama).

Committees

David E. Johnson

Senior Independent Non-Executive Director

Mr. Johnson has enjoyed a long and successful career in the investment sector. He has worked at a number of leading City investment houses, as both an investment analyst and more recently in equity sales and investment management. During his career he has worked for Sun Life Assurance, Henderson Crosthwaite and Investec Securities. He joined Panmure Gordon & Co in 2004 where he worked until 2013, including as Head of Sales from 2006 and then Head of Equities from 2009. He joined Chelverton Asset Management in 2014 where he had specific responsibility for the Group’s private equity investments. Mr. Johnson is a non-executive director of AIM quoted Bilby plc, a holding company providing a platform for strategic acquisitions in the gas heating and general building services industries.

Committees

Martin K. Thomas

Independent Non-Executive Director

Martin Thomas is a partner in the corporate team of the law firm Wedlake Bell LLP in London.  Martin specializes in advising on IPOs and secondary offerings of equity and debt on the London capital markets, corporate finance and M&A work, including cross-border and domestic acquisitions and disposals, joint ventures and private equity transactions. Previously named one of The Lawyer’s “UK Hot 100 Lawyers” and ranked by both Chambers and Partners and Legal 500, Martin advises clients operating in a variety of sectors, including oil and gas, renewable energy, natural resources and mining, climate change, financial services and early stage technology. During his legal career of 30 years, Martin has also held senior management positions including 7 years as the European Managing Partner of a global law firm headquartered in the United States.

Committees

The Company has established an Audit Committee, which comprises (as its Chairman) Brad Gray (EVP & Chief Operating Officer), David Johnson and Martin Thomas. The Audit Committee’s main functions include, inter alia, reviewing and monitoring internal financial control systems and risk management systems on which the Company is reliant, considering annual and interim accounts and audit reports, making recommendations to the board in relation to the appointment and remuneration of the Company’s auditors and monitoring and reviewing annually their independence, objectivity, effectiveness and qualifications.

The Company has established a Remuneration Committee, which comprises David Johnson (Chairman), Robert Post and Martin Thomas, and meets as often as needed to enable the Remuneration Committee to fulfill its obligations to the Company. The Remuneration Committee is responsible for reviewing the performance of the Chairman and the Executive Directors and for setting the scale and structure of their remuneration, paying careful regard to the interests of shareholders as a whole and the performance of the Group. The Remuneration Committee also approves the design of and determines targets for any performance-related pay schemes operated by the Company.

The Company has established a nomination committee, which comprises Robert Post (Chairman), David Johnson and Martin Thomas, and will meet as often as needed to enable the nomination committee to fulfill its obligations to the Company. The nomination committee has responsibility for reviewing the structure, size and composition of the board and recommending to the board any changes required for succession planning and for identifying and nominating for approval of the board candidates to fill vacancies as and when they arise. The committee will also be responsible for reviewing the results of the board performance evaluation process and making recommendations to the board concerning suitable candidates for the role of senior independent director and the membership of the board’s committees and the re-election of directors at each annual general meeting.