Penn West Petroleum has appointed Mr. Raymond Crossley, CA to the Board effective late February, 2015, following his pending retirement from a long and distinguished career with PricewaterhouseCoopers LLP (PwC). Ray has elected to delay joining the Board until 2015 to ensure an orderly transition with his current PwC relationships.
"We are pleased to have attracted such a strong and talented new member to our Board and look forward to his contribution to the Company" said Rick George, Chairman of the Board. "Ray's extensive business experience and knowledge of the oil and gas sector, including his training and qualifications in finance and accounting, will complement and strengthen our Board. Ray has, over his many years of service at PwC, worked with numerous boards and executive leadership teams in support of a variety of transactions, financings, and business improvement and integration projects".