WPX Energy(WPX) which was spun off from Williams(WMB) at the beginning of the month, has announced its Board Of Directors. The company which has 1.6 million acres under lease, appointed 9 Directors to join Chairman William G. Lowrie. The press release provides the following biographical data for the Directors:
Kimberly S. Bowers is the executive vice president and general counsel for Valero Energy Corporation, with responsibility for Valero’s legal, ad valorem tax, health, safety and environmental, energy and gases, reliability, and project execution departments.
John A. Carrig is the former President and Chief Operating Officer of ConocoPhillips, where he was responsible for global operations, including exploration and production, refining and transportation, project development and procurement, and health, safety and environmental matters.
William R. Granberry is a member of Compass Operating Company LLC, a small, private oil and gas exploration, development and producing company. From 1996 to 1999, Mr. Granberry was president and chief operating officer of Tom Brown, Inc., a public oil and gas company. Overall, he has 44 years of experience in the oil and gas industry.
Don J. Gunther is the former Vice Chairman and Director of the Bechtel Group, Inc., where he spent his entire 39-year career before retiring. Bechtel is an engineering, construction and project management company. As Vice Chairman, Mr. Gunther had responsibility for all of the global industry units and for all corporate functions.
Robert K. Herdman is a managing director of Kalorama Partners LLC, a Washington, D.C., consulting firm specializing in advice on corporate governance, risk assessment, crisis management and related matters. Prior to joining Kalorama, Mr. Herdman was the chief accountant of the Securities and Exchange Commission from October 2001 to November 2002.
Ralph A. Hill is the WPX Energy CEO. He has more than 30 years of energy experience – all with divisions of Williams prior to the WPX spinoff. At Williams, he led the evolution and development of the company’s exploration and production business which became WPX. He also serves as the chairman and CEO of Apco Oil and Gas International (NASDAQ:APAGF).
Henry E. Lentz retired from the investment banking firm Lazard Frères & Co., where he was a managing director. Over his career, he was associated with Lehman Brothers Inc. for more than 30 years in both leadership and advisory roles, including serving as head of the firm’s worldwide energy practice.
George A. Lorch is Chairman Emeritus of Armstrong Holdings, Inc., the holding company for a manufacturer and marketer of floors, ceilings and cabinets. Mr. Lorch had 37 years of sales and marketing experience at Armstrong, including 17 years of experience as a head of operations, with responsibility for profit and loss statements, balance sheets and stockholder relations.
William G. Lowrie retired as deputy chief executive officer and director of BP Amoco PLC where he spent his entire 33-year career developing expertise in drilling, reservoir engineering and financial analysis. He also managed hydrocarbon hedging functions, environmental health and safety program design, and a process for managing capital investments during his tenure.
David F. Work retired from BP Amoco as a regional president, where his responsibilities included coordinating the company’s seven exploration and production business units, as well as the leaders of the gas, power, oil and chemical businesses. He also had been a group vice president in exploration and production and a member of its executive committee.
Disclosure: The author holds no position in any stock mentioned
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