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EXCO Resources appoints two directors

EXCO ResourcesEXCO Resources, an oil and natural gas company, appointed Stephen J. Toy as a member of the board and each of the audit committee, the compensation committee and the nominating and corporate governance committee.

Mr. Toy currently serves as the Senior Managing Director and Co-Head of WL Ross. He is also Chairman of the Investment Committee of WL Ross and a member of WL Ross’ Management Committee.

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READ MORE EXCO Resources adds Mark F. Mulhern to the board

Mr. Toy is one of the founding members of WL Ross and has been involved in all phases of the firm’s development since its formation.

Over the last nineteen years, Mr. Toy has been responsible for the execution of investments in the automotive, media, telecommunication, banking, railcar leasing and building materials sectors.

Mr. Toy currently serves on the board of directors for Amalgamated Bank, Compagnie Europeenne de Wagons, International Automotive Components Group, Permian Basin Materials LLC and Plascar Participacoes SA.

From 1996 to 2000, he worked in the Mergers & Acquisitions and Corporate Restructuring Group of Rothschild Inc. and from 1994 to 1996 he worked in the Public Finance Group at O’Brien Partners Inc.

Mr. Toy graduated summa cum laude with a B.S. in Business Administration in 1994 from the State University of New York at Albany.

In addition, the Board also appointed Anthony R. Horton as a member of the Board and each of the Audit Committee, the Compensation Committee and the Nominating and Corporate Governance Committee.

Mr. Horton has been Chief Financial Officer and Executive Vice President of Energy Future Holdings Corp. since October 3, 2016 and has served as its Treasurer and Senior Vice President since April 2014.

Prior to then, he served as Senior Vice President and Treasurer of Energy Future Holdings Corp. since September 28, 2004 and also served as its Assistant Secretary since May 2006.

Mr. Horton also currently serves as an officer of several subsidiaries of Energy Future Holdings Corp., including serving as Senior Vice President and Treasurer at Energy Future Competitive Holdings Company LLC, Treasurer and Assistant Secretary at TXU Energy Receivables Company LLC and Senior Vice President and Treasurer of Energy Future Intermediate Holding Company LLC.

In addition, he has also served on the board of directors of several private companies.

Mr. Horton holds a B.B.A. in Management and Economics from the University of Texas at Arlington and a Masters of Professional Accounting and Finance from the University of Texas at Arlington and Dallas.


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