Pioneer Natural Resources Announces the Addition of Jacinto Hernandez to the Company’s Board of Directors

Rhea-AI Summary

Pioneer Natural Resources Company (NYSE:PXD) has appointed Jacinto Hernandez to its Board of Directors. With over 22 years at Capital Group, Hernandez brings valuable expertise in financial markets and the energy sector. He previously managed a significant growth mutual fund and has experience advising corporations on strategy and capital allocation. Acknowledging his extensive background, CEO Scott D. Sheffield expressed confidence that Hernandez will contribute significantly as the energy landscape evolves.

Positive

• Jacinto Hernandez's extensive experience in financial markets and energy sector is expected to enhance board effectiveness.
• Hernandez's background in investment management may aid Pioneer in navigating industry challenges.

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• None.

DALLAS--(BUSINESS WIRE)-- Pioneer Natural Resources Company (NYSE: PXD) (“Pioneer” or “the Company”) today announced the addition of Jacinto Hernandez to the Company’s Board of Directors.

Mr. Hernandez brings over twenty-two years of experience at Capital Group, where he previously helped lead the research portfolio for one of the largest growth mutual funds in the world and has extensive experience across multiple asset classes and industries, with a focus on the global energy sector. He has advised corporations and boards on a wide array of topics, including corporate strategy, communication, capital allocation and diversity, equity and inclusion. Mr. Hernandez retired from Capital Group earlier this year to spend more time with his family but remains active in the energy industry.

Pioneer’s Chief Executive Officer Scott D. Sheffield stated, “We are excited for Jacinto to join our Board of Directors. He has immense experience in financial markets, investment management and the energy sector and will help Pioneer navigate and excel as the energy landscape continues to evolve. His deep understanding of the sector, viewed through the lens of an experienced investor, will no doubt serve as a unique and long-lasting benefit to Pioneer.”

Chairman of the Board, J. Kenneth Thompson added, “Jacinto brings an impressive financial background to Pioneer’s Board through over two decades at one of the largest investment firms in the world. His many strengths will complement the Board’s existing diverse experience base and help Pioneer continue its leadership position in the industry.”

Mr. Hernandez earned his Bachelor of Science in Economics from Stanford University, with a minor in Political Science.

Pioneer is a large independent oil and gas exploration and production company, headquartered in Dallas, Texas, with operations in the United States. For more information, visit Pioneer’s website at www.pxd.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20220720006000/en/

Investors

Neal Shah - 972-969-3900

Tom Fitter - 972-969-1821

Greg Wright - 972-969-1770

Chris Leypoldt - 972-969-5834

Media and Public Affairs

Christina Voss - 972-969-5706

Source: Pioneer Natural Resources Company

FAQ

Who is Jacinto Hernandez and what is his role at Pioneer Natural Resources?

Jacinto Hernandez has been appointed to the Board of Directors of Pioneer Natural Resources, bringing over 22 years of experience in financial markets and the energy sector.

What experience does Jacinto Hernandez have that will benefit Pioneer Natural Resources?

Hernandez has extensive experience in investment management and corporate strategy, particularly in the energy sector, which will help Pioneer navigate evolving industry challenges.

When was Jacinto Hernandez appointed to the Board of Directors of Pioneer Natural Resources?

Jacinto Hernandez's appointment to the Board of Directors was announced on the day of the press release.

What does Jacinto Hernandez's background include?

Hernandez has over 22 years of experience at Capital Group, where he led research for a major growth mutual fund and advised on various corporate topics.

How might Jacinto Hernandez's appointment impact Pioneer Natural Resources?

His financial expertise and understanding of the energy sector may enhance Pioneer's strategic direction and decision-making.