RANGE RESOURCES CORPORATION announced that, after almost 20 years of service, Jeff Ventura plans to retire from the Company effective June 2, 2023 and will not seek reelection to the Board. Range's Board of Directors has selected Dennis Degner, the Company's Executive Vice President and Chief Operating Officer to assume the role of President effective at the Company's annual shareholder meeting May 10, 2023. Mr. Degner has more than 25 years of modern shale gas development experience, including having served as Division Vice President of Range's Appalachia Division with responsibility for what is currently the Company's sole operational area.

Ventura has served as the company's CEO since 2012 having joined the Company as Chief Operating Officer in 2003. He was instrumental in the discovery of and the development of the Marcellus Shale in Appalachia, which is now one of the largest natural gas discoveries in the world. In addition, in recognition of the outstanding work by Mark S. Scucchi as Chief Financial Officer, the Board has elected Mr. Scucchi to the position of Executive Vice President and Chief Financial Officer.