Parsley adds board members as deal to acquire Jagged Peak closes

Jan. 10, 2020
Parsley Energy Inc. added two new board members following the Jan. 10 closing of its deal to acquire Jagged Peak Energy Inc.

Parsley Energy Inc. added two new board members following the Jan. 10 closing of its deal to acquire Jagged Peak Energy Inc. News of the $2.27-billion, all-stock deal came in October 2019 and shareholder approval was granted Jan. 9 (OGJ Online, Oct. 14, 2019).

S. Wil VanLoh, Jr. and Jim Kleckner have been appointed to the Parsley Energy board of directors. VanLoh is the founder and chief executive officer of Quantum Energy Partners and formerly served as a Jagged Peak director. Kleckner was formerly president and chief executive officer of Jagged Peak and also served as a Jagged Peak director.

Jagged Peak common stock will no longer be listed for trading on NYSE, and Jagged Peak will suspend its reporting obligations.