PostRock Energy (PSTR) Appoints Terry W. Carter as CEO and David Klvac as CFO

November 18, 2011 9:32 AM EST
PostRock Energy Corporation (Nasdaq: PSTR) today announced that its Board had elected Terry W. Carter as its President and Chief Executive Officer. As previously announced, Terry was elected interim President and CEO in July. Terry brings over thirty years of oil and gas industry experience to his role. Over the past five months, the Board has been delighted with all that Terry has been able to achieve. Simultaneously, the Company announced that David Klvac, its Executive Vice President and Chief Accounting Officer, had agreed to assume the additional role of Chief Financial Officer. Mr. Klvac replaces Jack Collins in that role. Jack Collins recently resigned to join Denbury Resources Inc. as Executive Director of Investor Relations.

Prior to joining PostRock, Mr. Klvac served as a financial consultant for Sirius Solutions, LLLP, as Vice President and Corporate Controller of Tronox Incorporated and as Assistant Corporate Controller of Smithfield Foods, Inc. Prior to joining Smithfield, he served as Manager of External Financial Reporting for MidAmerican Energy Holdings Company. Mr. Klvac holds a BA in accounting from the University of St. Thomas in Houston.


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