On April 6, 2016, Denbury Resources Inc. announced that its Board of Directors has selected John P. Dielwart to serve as its Chairman of the Board, succeeding Wieland F. Wettstein, a founding stockholder of the company, who has served as Chairman of the Board since 2008 and a member of the Board since the Company's inception in 1990. This change is part of the Company's succession planning process.