Approach Resources AREX today announced that
Sergei Krylov, Managing Director at J.P. Morgan Securities LLC, has been
named to the position of Executive Vice President and Chief Financial
Officer. Mr. Krylov will assume the position from Steven P. Smart, who
has been with the Company since its inception in 2002, and Chief
Financial Officer since 2007. Mr. Smart announced his intention to
retire from the Company effective December 31, 2013.
Mr. Krylov, 36, brings over 13 years of oil and gas industry finance
experience from J.P. Morgan's Energy Investment Banking group. While at
J.P. Morgan, Mr. Krylov advised clients on strategic planning, mergers
and acquisitions and capital market transactions. Mr. Krylov holds a
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