Charles Griffie
RANGE RESOURCESAbout Charles G. Griffie
Independent director at Range Resources (RRC) since 2023; age 52. Former Senior Vice President, Engineering & Operations at Western Midstream Partners with 25+ years in oil & gas spanning midstream and E&P operations; earlier roles at Olympus Energy (founding executive, SVP Midstream & Marketing) and Anadarko Petroleum. Education: B.S. Mechanical Engineering and MBA, University of Colorado Denver; Harvard Business School – Program for Leadership Development (Executive Education). Current public company directorships: none; prior five years: none .
Past Roles
| Organization | Role | Tenure | Committees/Impact |
|---|---|---|---|
| Western Midstream Partners, LP | SVP, Engineering & Operations | Retired in 2022 | Led engineering/operations; midstream expertise |
| Olympus Energy | Founding Executive; SVP, Midstream & Marketing | Not disclosed | Appalachia Basin midstream/marketing leadership |
| Anadarko Petroleum Corporation | Various roles | Not disclosed | Extensive career; E&P operations |
External Roles
| Organization Type | Organization | Role | Tenure | Notes |
|---|---|---|---|---|
| Public company board | — | — | — | Current public company directorships: none; prior 5 years: none |
Board Governance
- Independence: Board determined Mr. Griffie is independent under NYSE/Company standards .
- Committees and roles:
- ESG & Safety Committee – Chair (listed in nominee profile); proxy footnote indicates chair role to be recommended upon Mr. Funk’s May 2025 retirement .
- Governance & Nominating Committee – Member .
- Attendance: Board met 4 times in 2024; each director attended 98% of Board and committee meetings on which they served; all directors (other than new director Kendall) attended the 2024 AGM .
- Board leadership: Independent Chairman (Greg G. Maxwell). Non‑employee directors meet in executive session at each regularly scheduled Board meeting .
- Risk oversight: ESG & Safety Committee oversees sustainability, climate, and HSE; Governance & Nominating reviews related‑party transactions and governance processes .
Fixed Compensation
| Component | Amount/Detail | Source |
|---|---|---|
| Annual Board cash retainer (standard) | $80,000 | |
| Committee chair adders (if applicable) | Audit $25,000; Compensation $15,000; Governance & Nominating $15,000; ESG & Safety $15,000 | |
| Meeting fees | None | |
| 2024 Fees Earned or Paid in Cash (Griffie) | $80,000 | |
| 2024 Stock Awards (grant-date fair value) | $200,000 | |
| 2024 Total Director Compensation (Griffie) | $280,000 |
Notes: Director compensation set by Compensation Committee with independent consultant and peer review; equity portion part of overall director pay .
Performance Compensation
| Equity Instrument | Grant Date | Shares/Units | Grant-Date Fair Value | Vesting | Notes |
|---|---|---|---|---|---|
| Restricted Stock (annual director grant) | May 8, 2024 | 5,410 shares | $200,000 | Fully vests 1 year from grant (subject to proration) | Same award to all non‑employee directors; Chairman received an additional 7,438 shares |
| Stock options/SARs | — | — | — | — | Directors do not receive options/SARs; company does not grant option‑like instruments currently |
Director equity ownership guideline: 5x annual cash retainer; until met, director must retain 50% of net shares from equity vesting. As of the proxy, all current directors except Mr. Griffie and Mr. Kendall are in compliance; they are subject to the 50% retention requirement .
Other Directorships & Interlocks
| Category | Company | Role | Interlock/Notes |
|---|---|---|---|
| Current public boards | — | — | None |
| Prior 5-year public boards | — | — | None |
Compensation Committee interlocks: For 2024 the committee comprised Dorman, Funk, Maxwell, Spiller; no insider participation; no reciprocal interlocks disclosed (Mr. Griffie not on this committee) .
Expertise & Qualifications
- Skills matrix highlights: Industry; Engineering/Geoscience; Risk Management; Technology; Environmental, Health, Safety & Sustainability; CEO/Senior Officer experience .
- Education: B.S. Mechanical Engineering; MBA; Harvard PLD executive program .
Equity Ownership
| Measure | Amount | Notes |
|---|---|---|
| Total common shares beneficially owned | 11,331 | As of March 17, 2025 |
| Unvested restricted stock included in total | 5,410 | Vests May 8, 2025 |
| Ownership as % of class | <1% | Denoted “* Less than one percent” |
| Pledging/Hedging | Prohibited; no directors have pledged Company equity as of proxy date | Non‑hedging/pledging policy; no pledges reported |
Stock ownership policy for directors: 5x retainer; if not met, must retain 50% of net vested shares until compliant .
Governance Assessment
- Strengths:
- Independent director with deep midstream/E&P operational and HSE experience; slated to chair ESG & Safety, aligning expertise with committee mandate .
- High attendance (98% for each director in 2024); active independent board leadership and regular executive sessions .
- No other public company boards (reduced conflict risk); no related‑party transactions disclosed involving Mr. Griffie .
- Robust director ownership policy; prohibition on hedging/pledging; no director pledges disclosed .
- Strong shareholder support for compensation program (98% Say‑on‑Pay in 2024), indicating constructive investor engagement .
- Watchpoints:
- Ownership guideline still in build period for Mr. Griffie (and Kendall); mitigated by 50% retention requirement until compliance .
- ESG & Safety chair transition noted as intended upon Mr. Funk’s retirement in May 2025; ensure continuity through transition .
Overall implication: Mr. Griffie’s operational/midstream background and ESG & Safety leadership support board oversight of HSE, sustainability, and operational risk. Absence of interlocks and RPTs, high attendance, and anti-hedging/pledging policies are positive for investor confidence .