Houston, Tx., USA - January 15, 2015, Houston, Tx., USA - Swift Energy Company reported that Bruce H. Vincent, the president, will retire effective February 15, 2015, along with his resignation as a member of the board of directors as of the same date.
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Mr. Vincent has served as President of Swift Energy since November 2004 and as a Swift Energy director since May 2005, having first joined the Company in 1990.
Terry Swift, Swift Energy’s chief executive officer, will assume the role of President.
Effective February 16, 2015, Swift Energy’s board has appointed Ron Saxton and William A. Bruckmann III as board members.
Mr. Saxton will fill the board vacancy created by Mr. Vincent’s retirement as a Class II board member. Mr. Saxton is an attorney and former business executive. He is currently a shareholder at the law firm Schwabe, Williamson & Wyatt, in Portland, Oregon, a role he assumed January 1, 2015.
Previously, Mr. Saxton served as Executive Vice President at JELD-WEN, a global door and window manufacturer, for more than seven years. Prior to his roles at JELD-WEN, he practiced law for almost 30 years, co-founding the law firm Ater Wynne, where he served as Chairman for eleven years, and represented a variety of manufacturers, utility, and energy companies in their finance, regulatory, contracting, and environmental matters.
He was also the lead attorney for several large infrastructure public-private partnerships and has extensive experience with state and federal regulatory agencies. In 2006, Mr. Saxton was the Republican nominee for Governor of Oregon. He earned his J.D. from University of Virginia School of Law and his Bachelor's degree from Willamette University.
Mr. Bruckmann is a former commercial and investment banker who has been an independent consultant and private investor for the last ten years. He is a former Managing Director at Chase Securities, Inc. with more than 25 years of banking experience, starting with Manufacturers Hanover Trust Company, where he became a senior officer in 1985.
Mr. Bruckmann later served as Managing Director, sector head of Manufacturers Hanover's gas pipeline and midstream energy practices through the acquisition of Manufacturers Hanover by Chemical Bank and the acquisition of Chemical Bank by Chase Bank. ■