Co-founder Paul Rady steps down as CEO; Michael Kennedy named CEO of Antero Resources and Antero Midstream

Antero Midstream Corp

Effective Aug 14, 2025, Michael N. Kennedy becomes CEO, President and director of Antero Resources (AR) and Antero Midstream (AM).
Paul M. Rady, co-founder, transitions to Chairman Emeritus through Dec 31, 2028; receives $50K annual salary and continued equity vesting.
David H. Keyte named Chairman of Antero Midstream Board; roles of Chairman and CEO separated; Benjamin A. Hardesty named Chairman of Antero Resources.
Brendan E. Krueger named CFO of Antero Resources; Justin J. Agnew named CFO of Antero Midstream.
Yvette K. Schultz joins Antero Midstream Board; Rady's departure is not due to any disagreement.

Key facts

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Governance Changes SEC 8-K Item 5.03/5.05/5.06 confidence 0.9

Antero Midstream Corp: Amended and restated bylaws to add Sections 3.14 and 3.15 outlining responsibilities of Chairman, Chairman Emeritus, and CEO, revised Section 5.4, and removed Chairman from list of required officers in Section 5.3 (effective 2025-08-14).

Change: bylaw amendment
Effective: 2025-08-14

Exact text from the filing

On August 14, 2025, the Board of Directors of Antero Midstream amended and restated its bylaws (as amended and restated, the “Second A&R Bylaws”) to outline the responsibilities of the Chairman of the Board, Chairman Emeritus and Chief Executive Officer roles in new Sections 3.14 and 3.15 and revised Section 5.4, and to remove the Chairman of the Board from the list of required officers of the company in Section 5.3.

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Source: SEC EDGAR

accession 0001104659-25-078703

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