[naviga:h3]Rex Energy names CFO[/naviga:h3]

STATE COLLEGE, Centre County — Rex Energy has promoted Curt Walker, the company’s former chief accounting officer, to chief financial officer.

Walker is now responsible for all financial accounting and treasury functions in addition to related duties.

His employment at Rex Energy began in 2007. Before his promotion, he also served as vice president of accounting.

[naviga:h3]SERVPRO extends PGA Sponsorship[/naviga:h3]

ZELIENOPLE — SERVPRO retained its official designation with the PGA Tour this month with an extension through 2020.

The company serves as the cleanup and restoration company of both the PGA Tour and the Champions Tour.

SERVPRO’s first event of the 2018 PGA Tour season tees up this week with the Farmers Insurance Open at Torrey Pines Golf Course, according to Peter Kandravy, owner of SERVPRO of Southern Butler County.

“We are proud, both personally and as a part of the SERVPRO family, to be associated with the prestigious and well-respected PGA Tour,” said Kandravy.

[naviga:h3]Co-op offers scholarship[/naviga:h3]

PARKER — Central Electric Cooperative will offer a new scholarship program this year.

The Good Neighbor Scholarship program awards scholarships to CEC members or their children.

The deadline for applications and application requirements is March 15. Ten scholarships worth $2,000 each will be awarded in early May.

Applicants must be enrolled in a post-secondary educational institution and will be scored on following application directions, including a 500-word essay, recommendation letter, leadership activities, and volunteerism. The category with the most weight is volunteerism.

Central Electric Cooperative is a Touchstone Energy Cooperative serving about 25,000 members with more than 3,000 miles of distribution line in portions of Allegheny, Armstrong, Butler, Clarion, Forest, Mercer and Venango counties.

For more information on the Good Neighbor Scholarship program, visit www.central.coop.

[naviga:h3]United beats 4Q forecasts[/naviga:h3]

CHICAGO — United Airlines is reversing a long slide in average prices and increasing its profit.

United said Tuesday that it earned $580 million in the fourth quarter of last year, a 46 percent increase from a year ago despite higher fuel prices.

The results beat Wall Street’s expectations.

Like its rivals, United is benefiting from strong demand for travel, which is filling more seats.

A bruising fare war with discount carriers including Spirit Airlines may be ebbing. Revenue for each seat flown one mile — a key measure that roughly tracks prices — inched up 0.2 percent after falling 3.7 percent in the third quarter.

Overall, revenue rose 4.3 percent to $9.4 billion.