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ConocoPhillips said its chief financial officer will retire after more than 35 years with the company.
The move is one of a number of executive leadership changes.
The current executive vice president of commercial, business development and corporate planning, Don Wallette will become the company’s new financial head.
Meanwhile, executive vice president of technology and projects Al Hirshberg, will oversee the company’s production drilling and projects.
Matt Fox, currently executive vice president of exploration and production, has been named executive vice president of strategy, exploration and technology.
Ryan Lance, chief executive of ConocoPhillips, said:“We will miss Jeff’s extensive knowledge and experience, and I want to thank him for his significant contributions throughout his career at
ConocoPhillips.
“He has been a valued member of the executive leadership team and played an instrumental role in our transformation as an independent exploration and production company.
“I also look forward to continued leadership from Don, Al and Matt in their new roles. This team is well prepared to take on the challenges and opportunities for ConocoPhillips at this important time in our industry.”
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