Deals
Turnaround Titan Wilder Leaves Driller Exploring Bankruptcy
- Wilder helped lead TXU Energy through brink of insolvency
- He was selected by Wilbur Ross as chairman of driller in 2015
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The turnaround titan that investor Wilbur L. Ross handpicked to help revive a battered natural gas driller in Texas has resigned from the company just two days after it disclosed a potential bankruptcy.
C. John Wilder stepped down as executive chairman of Exco Resources Inc. on Thursday, the Dallas-based company said in a statement. Exco and Wilder’s Energy Strategic Advisory Services LLC agreed to suspend their work together as part of his resignation.