EXCO Resources Inc. (NYSE:XCO) has made changes to its management team. Tyler Farquharson, EXCO’s current vice president of strategic planning, will become EXCO’s acting CFO and treasurer effective November 2, 2016 following the departure of Chris Peracchi, EXCO’s current vice president, acting CFO and treasurer. Farquharson will continue to serve as EXCO’s vice president of strategic planning and lead the investor relations function.
Harold L. Hickey, EXCO’s CEO and president, commented, “Tyler has been with EXCO for 11 years and possesses vast knowledge of EXCO’s business organization, structure, plans and commitments. With Tyler’s extensive background with EXCO and financial expertise, we believe that he is well-positioned to lead EXCO through this transition and manage the execution of our strategic plan. We are grateful to Chris for his numerous contributions to EXCO since joining us in 2013. We wish Chris the best in his future endeavors.”
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 was named vice president and acting CFO in late August following the departure of Richard A. Burnett, EXCO’s former vice president and CFO. Burnett left EXCO to pursue another opportunity.