Jones Energy, Inc. Announces Results of Annual Stockholder Meeting and Changes to Its Board of Directors
May 18 2017 - 4:50PM
Jones Energy, Inc. (NYSE:JONE) (“Jones Energy” or “the Company”)
announced today following its annual meeting of stockholders that
the nominees for election of Class I Directors have been elected.
Secondly, the proposal to ratify the appointment of
PricewaterhouseCoopers LLP as the Company’s independent registered
public accounting firm was also approved. Further, the
Company announced today that, prior to the annual meeting of
stockholders, Mr. Howard Hoffen and Mr. Gregory Myers resigned from
the Company’s Board of Directors. The resignations were not the
result of any disagreements with the Company. In connection with
the resignations, the remaining members of the Board voted
unanimously to reduce the size of the Company’s Board of Directors
from seven members to five members, consisting of Jonny Jones, Mike
S. McConnell, Alan D. Bell, Hal S. Washburn and Robb L. Voyles.
Jonny Jones, Founder, Chairman and CEO of Jones Energy commented,
“I want to thank our shareholders for their participation in our
annual meeting, as we had approximately 98% of actual ballots cast
voting to approve our Class I Directors who stood for re-election.
I also want to thank both Howard and Greg for their eight years of
service on our Board of Directors and for their continued support
of Jones Energy. Since 2009, when they joined our Board, we have
built a strong organization though hard work and dedication. Going
forward, both Howard and Greg plan to focus their efforts on other
demands and obligations. This is a turning point in the makeup of
our Board of Directors and I am looking forward to our future as a
Company, especially as we continue to execute on our 2017
goals.”
About Jones Energy
Jones Energy, Inc. is an independent oil and natural gas company
engaged in the development and acquisition of oil and natural gas
properties in the Anadarko and Arkoma basins of Texas and
Oklahoma. Additional information about Jones Energy may be
found on the Company’s website at: www.jonesenergy.com.
Investor Contact:
Page Portas, 512-493-4834
Investor Relations Associate
Or
Robert Brooks, 512-328-2953
Executive Vice President & CFO