Mach Natural Resources (NYSE: MNR) appoints Burn to board
Rhea-AI Filing Summary
Mach Natural Resources LP reported changes to its board of directors. On December 15, 2025, Francis A. Keating II resigned, effective immediately, from the board of Mach Natural Resources GP LLC, the general partner of the partnership, and from the Audit Committee and Conflicts Committee. His resignation was stated as not being due to any disagreement with management or the board regarding the partnership’s operations, policies or practices.
Effective the same day, Christopher J. Burn was appointed to the board and to the Audit Committee and Conflicts Committee. Burn has recent experience as a consultant at Goshen Investments, and previously served as Chief Investment Officer of The Diana Davis Spencer Foundation and as Global Head of Macro Research at Archegos Capital Management LLC. He was determined to be an independent director under New York Stock Exchange listing standards. Under the non‑employee director compensation program, he was granted phantom units equal to $150,000, to be issued on January 1, 2026 and vest in full on January 1, 2027, subject to his continued service.
Positive
- None.
Negative
- None.
FAQ
What board changes did Mach Natural Resources LP (MNR) report?
Mach Natural Resources LP reported that Francis A. Keating II resigned from the board of its general partner and from the Audit and Conflicts Committees, effective December 15, 2025. On the same date, Christopher J. Burn was appointed to the board and to those two committees.
Why did Francis A. Keating II resign from Mach Natural Resources LPs board?
The company disclosed that Mr. Keatings resignation was not because of any disagreement with management or the board on any matter relating to Mach Natural Resources LPs operations, policies or practices.
Who is Christopher J. Burn, the new director at Mach Natural Resources LP (MNR)?
Christopher J. Burn has served as a consultant at Goshen Investments, LLC since July 2025. He previously was Chief Investment Officer of The Diana Davis Spencer Foundation, a consultant at Goshen Investments, LLC, and Global Head of Macro Research at Archegos Capital Management LLC. He holds a Bachelor of Arts from Wesleyan University and an MBA from the Wharton School.
Is Christopher J. Burn considered an independent director at Mach Natural Resources LP?
Yes. The board affirmatively determined that Christopher J. Burn is an independent director within the meaning of the New York Stock Exchange listing standards. The disclosure also states there are no familial relationships or related‑party transactions that require reporting.
What compensation will Christopher J. Burn receive as a director of Mach Natural Resources LP?
Mr. Burn will receive compensation under the partnerships non‑employee director compensation policy. He was granted an award of phantom units equal to $150,000, to be issued on January 1, 2026 and vesting in full on January 1, 2027, subject to his continuous service to the partnership through the vesting date.
Does Mach Natural Resources LP have any special agreements with the new director?
Mach Natural Resources LP and its general partner entered into their standard form of indemnification agreement with Mr. Burn, the same form previously filed with the partnerships Annual Report on Form 10‑K for the year ended December 31, 2024.