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home / news releases / RNGR - Ranger Energy CEO Anderson to depart; Austin becomes interim CEO

RNGR - Ranger Energy CEO Anderson to depart; Austin becomes interim CEO

Ranger Energy Services Inc. Class A
grandriver/E+ via Getty Images Ranger Energy Services (RNGR) says CEO Darron Anderson is leaving the company and the board, effective immediately; no reason for the departure is provided. Chairman Bill Austin, a former CFO of Exterran Holdings who has served on Ranger's board since 2017, will serve as interim CEO. Anderson was Ranger's President and CEO from March 2017 after serving seven years as President and CEO of Express Energy Services. Ranger's share price has nearly doubled YTD but has never returned to its ~$14 IPO price in 2017; Kingdom Capital wrote a bullish analysis of the stock as a microcap idea, published earlier this year on Seeking Alpha.

For further details see:

Ranger Energy CEO Anderson to depart; Austin becomes interim CEO
Stock Information
Company Name: Ranger Energy Services Inc. Class A
Stock Symbol: RNGR
Market: NYSE
Website: rangerenergy.com
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