EXCO names acting CFO following Burnett’s resignation

EXCO Resources Inc. (NYSE:XCO) has made changes to its management team. Chris Peracchi, EXCO’s current vice president of finance and investor relations, and treasurer, will become vice president and acting CFO, effective August 22, 2016 following the departure of Richard A. Burnett, EXCO’s current vice president and CFO. Burnett delivered his letter of resignation from EXCO to pursue another opportunity. In addition, Tyler Farquharson, EXCO’s current senior director of finance, will be promoted to the position of vice president of strategic planning and will assume the investor relations role within EXCO.

Chris Peracchi became EXCO’s treasurer and director of finance and investor relations in May 2013 and became its vice president of finance and investor relations in September 2014. He served as the associate director of corporate development and investor relations at Nabors Industries from April 2012 to April 2013 and director of finance and investor relations at Superior Well Services from March 2009 to April 2012. Peracchi has over 11 years of experience in energy investment banking at KeyBanc Capital Markets and AG Edwards & Sons. Peracchi also spent four years at Coopers & Lybrand. He is a certified public accountant and received his MBA from the University of Michigan and a bachelor’s degree from Babson College.

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