Infinity Natural Resources appointed Timothy Dugan to its board of directors on July 13, adding a veteran Appalachian energy executive with more than 40 years of experience across upstream operations, midstream infrastructure, capital allocation and strategic transactions.
Dugan most recently served as president and chief executive officer of Olympus Energy, where he oversaw the company’s sale to EQT. Before that, he was executive vice president and chief operating officer of CNX Resources, and also served as chief operating officer and a director of CNX Midstream Partners.
The appointment gives Infinity a board member who has worked through large-scale development programs and transaction activity in the Appalachian Basin, including senior roles at Chesapeake Energy, Equitable Production Company and Cabot Oil & Gas.
Infinity said Dugan’s background spans chief executive, chief operating officer and public company director roles, and the company highlighted his experience in building businesses and leading organizations through growth and strategic change. The market has reacted to these announcements by moving the company's shares -0.89% to a price of $12.745. If you want to know more, read the company's complete 8-K report here.
