Infinity Natural Resources, Inc. (NYSE: INR) has announced the addition of Brian Pietrandrea as Chief Accounting Officer and Carmine Fantini as Vice President of Technology, aimed at fortifying the company's leadership team as it pursues its growth strategy. Both executives bring substantial experience from their tenure at Equitrans Midstream Corporation and have extensive backgrounds in the oil and gas industry.
Pietrandrea, who boasts over 20 years of experience in accounting, SEC reporting, financial operations, and regulatory compliance, is expected to provide critical leadership in managing complex acquisitions and financial integrations for Infinity. On the other hand, Fantini, with more than 30 years in the energy industry, is anticipated to play a pivotal role in technology transformation, cybersecurity, enterprise risk management, and strategic planning for the company.
According to David Sproule, Executive Vice President and Chief Financial Officer, Pietrandrea's expertise in accounting operations, public company reporting, and leadership capabilities make him the ideal candidate to lead the accounting function for Infinity, particularly given his background in the energy sector. Meanwhile, Zack Arnold, President and Chief Executive Officer, expressed enthusiasm in welcoming Fantini to spearhead the technology initiatives, citing his extensive experience in implementing enterprise-wide solutions and modernizing technical infrastructure.
Infinity Natural Resources, Inc. is a growth-oriented, free cash flow generating, independent energy company with a focus on the acquisition, development, and production of hydrocarbons in the Appalachian Basin. The company's operations are concentrated on the volatile oil window of the Utica Shale in eastern Ohio, as well as its stacked dry gas assets in both the Marcellus and Utica Shales in southwestern Pennsylvania. As a result of these announcements, the company's shares have moved -0.99% on the market, and are now trading at a price of $14.92. If you want to know more, read the company's complete 8-K report here.