Permian producer Approach Resources (stock ticker: AREX, $AREX) has reported wide-scale management changes.
Craft departs, Krylov is named Approach CEO
Ross Craft has resigned from his role as chairman and CEO of Approach Resources. Sergei Krylov, who has served as EVP and Chief Financial Officer since January 2014, has been appointed the new CEO. Krylov will also retain his duties as Chief Financial Officer.
Jim Crain named Chairman
In addition, James C. ‘Jim’ Crain, who has served as a director since June 2007, and also serves as chairman...

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