Terry W. Rathert

Terry W. Rathert currently serves on the Board of Directors privately held
Kaspar Companies Inc., Kaspar Texas Traditions, Encino Energy LLC and
Encino Acquisition Partners (“EAP”) and the not-for-profit Texas Bighorn
Society. Rathert is currently chairperson of the Audit Committees of Encino
Energy LLC and EAP, and a member of the Compensation Committees of
Kaspar Companies, Inc., Encino Energy LLC and EAP. Rathert is a
member and Governance Fellow of the National Association of Corporate
Directors. Additionally, Rathert serves on the President’s Board of Visitors
for Texas A&M University’s Corps of Cadets. Rathert is President of the
YO Landowners Association, a ranch owners association.

Rathert served as an independent director of Southwestern Energy (NYSESWN)
from 2014-2019, as a member and chair of its Audit Committee and
as a member of its Compensation Committee. Rathert served as member of
the Board of Directors of the YMCA of Greater Houston, and on its
Executive and Executive Compensation Committees and chaired the Finance
Committee during various times from 2007-2012 and 2014-2019.

Rathert retired from Newfield Exploration Company (NYSE-NFX) in 2014.
Rathert was a founding member of NFX, having last served in the capacity
of Executive Vice President and Senior Advisor. Rathert served as the
Company’s Chief Financial Officer from 1992 until 2013, and during the
undertaking of the Company’s initial public offering in 1993. At various
times during his tenure, Rathert’s responsibilities included oversight of
Finance, Accounting, Internal Audit, IT, Investor Relations, Business
Process Management, Planning, Treasury, Tax, Commodity Risk
Management and Legal, among others. Rathert also served as Corporate
Secretary and Secretary to the Board of Directors and its committees.
Newfield began with $9 million of equity in 1989. When the sale of
Newfield to Encana Corporation was announced in late 2018, Newfield’s
enterprise value was approximately $8 billion.

Prior to joining Newfield in 1989, Rathert was Director of Economic
Planning & Analysis for Tenneco Oil Exploration and Production Company.
Rathert’s experiences at Tenneco included Petroleum and Production
Engineering roles and oversight in the Gulf Coast, Gulf of Mexico and US
West Coast regions.

Rathert received a degree in Petroleum Engineering from Texas A&M
University, is a member of the Academy of Distinguished Graduates of the
Harold Vance Department of Petroleum Engineering and served on the
Department’s Industry Board from 1999-2018. Rathert was a Drill &
Ceremonies Cadet during his last two years at Texas A&M, serving on
Corps Staff both years and as Adjutant of the Corps his senior year.
Additionally, Rathert completed Rice University’s Management Program.

Rathert is a member of the Society of Petroleum Engineers. Rathert served
as Treasurer for the Houston Energy Finance Group, the American
Exploration & Production Council and America’s Natural Gas Alliance.

Rathert was born and raised in St. Louis, Missouri. Rathert is married to
Ginger and has two children and two grandchildren. He is an avid cold-water
fly fisherman, turkey hunter, bow hunter and sheep hunter.

Current Board Memberships:

  • YMCA of Greater Houston
  • Kaspar Companies, Inc.
  • Kaspar Texas Traditions
  • Encino Energy, LLC