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News Breaks | | | | March 4, 2013 | | 09:02 EDT |  | XCO | EXCO Resources CFO Smith to retire from duties effective April 1 EXCO Resources announced that Stephen F. Smith has decided to retire from EXCO on June 1, 2013 and has further decided not to stand for re-election to EXCO’s Board of Directors at the 2013 annual meeting of shareholders. Mr. Smith will serve as a full-time EXCO employee until June 1, 2013 to assist with certain transition matters. Mr. Smith retired from his duties as EXCO’s President effective February 28, 2013 and will retire from his duties as EXCO’s CFO effective April 1, 2013. Following his retirement, Mr. Smith will continue to serve as a consultant to EXCO until June 1, 2016 and will remain on the Board of Directors of the recently announced partnership with Harbinger Group Inc. Effective February 28, 2013, Harold L. Hickey, EXCO’s Vice President and COO, has been appointed to replace Mr. Smith as EXCO’s President and will remain EXCO's COO. Effective April 1, 2013, Mark Mulhern, EXCO’s former Chairman of the Audit Committee, has been appointed to replace Mr. Smith as EXCO’s CFO. | |
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