# Paul M. Rady

> Paul M. Rady is a Denver-based geologist, Antero Resources co-founder and former chairman and CEO who became chairman emeritus of Antero Resources and Antero Midstream in August 2025. His career spans Amoco, Barrett Resources and Pennaco Energy. A 1978 Western graduate, he funded geology teaching and the Western-CU Boulder engineering partnership, including an initial $80 million gift for the Rady School in Gunnison.

- **Role:** Co-founder and Chairman Emeritus at Antero Resources; Chairman Emeritus at Antero Midstream
- **Organizations:** Antero Resources, Antero Midstream, Pennaco Energy, Barrett Resources, Amoco, Western Colorado University, University of Colorado Boulder
- **Education:** BA in Geology, Western State College (now Western Colorado University), MS in Geology, Western Washington University
- **Known for:** Co-founded and led Antero Resources and helped develop its Appalachian shale business., Led Pennaco Energy through its 2001 sale to Marathon Oil., Funded the Western-CU Boulder engineering partnership with an initial $80 million gift announced in 2018; Western reported support exceeding $90 million by the building opening.

## Career timeline

- **1978** — Graduated from Western State College with a BA in geology.
- **Before 1990** — Spent ten years at Amoco as a geologist focused on the Rockies and Mid-Continent.
- **1990–1998** — Joined Barrett Resources as chief geologist and rose to CEO.
- **1998** — Became chairman, president and CEO of Pennaco Energy.
- **2001** — Pennaco sold to Marathon Oil for $500 million in cash; gave $1 million to establish a petroleum geology chair at Western.
- **2002** — Co-founded the original Antero Resources with Glen C. Warren Jr.
- **2004** — Began serving as chairman and CEO of the entity behind the current Antero Resources.
- **2005** — Original Antero sold to XTO Energy for more than $1 billion, including assumed debt.
- **2008–2009** — Antero entered Appalachia in 2008 and drilled its first wells there in 2009.
- **2012–2014** — Antero Midstream formed in 2012; Antero Resources went public in 2013 and Antero Midstream in 2014.
- **2018** — Announced an $80 million gift for the Rady School and engineering partnership at Western.
- **2020** — Rady School building opened; CU Boulder named its mechanical engineering department for him.
- **2021** — Added the president role at both Antero companies following Glen Warren’s retirement.
- **2025** — Transitioned to chairman emeritus of Antero Resources and Antero Midstream on August 14.

## Achievements

- Co-founded and led Antero Resources and helped develop its Appalachian shale business.
- Led Pennaco Energy through its 2001 sale to Marathon Oil.
- Funded the Western-CU Boulder engineering partnership with an initial $80 million gift announced in 2018; Western reported support exceeding $90 million by the building opening.
- Established an endowed chair in petroleum geology at Western with a $1 million gift in 2001, supplemented by $1.5 million in 2014.
- CU Boulder recognized $15 million in committed philanthropy by naming its mechanical engineering department for him in 2020.
- Paul and Katy Rady received honorary degrees in the University of Colorado’s 2020 Regent Awards.
- Paul and Katy Rady made the lead commitment for the Mountaineer Bowl renovation.

## Latest updates

- **2025-08** — Became chairman emeritus of Antero Resources and Antero Midstream on August 14; Michael N. Kennedy became CEO and president of both companies.
- **2024-09** — Western announced the grand opening of the renovated Mountaineer Bowl at the Rady Family Sports Complex, supported by Paul and Katy Rady.

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Profile page: https://yespress.io/paul-rady
Published by YesPress — https://yespress.io
Last updated: 2026-10-23