ConocoPhillips has announced that Jeff Sheets is to retire as Executive Vice President, Finance and Chief Financial Officer after more than 35 years with the company.
Ryan Lance, Chairman and Chief Executive Officer, 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.”
The company has also announced a number of executive leadership changes to realign responsibilities, effective 1 April 2016. Don Wallette Jr. has been named Executive Vice President, Finance, Commercial and Chief Financial Officer. In this role, Mr Wallette will be responsible for the company’s financial and commercial functions.
Al Hirshberg has been named Executive Vice President, Production, Drilling and Projects. Mr Hirshberg will oversee the company’s worldwide operations and will also be responsible for drilling, major projects and the health, safety and environmental function.
Matt Fox will become Executive Vice President, Strategy, Exploration and Technology. In this capacity, Mr Fox will be responsible for strategic planning, exploration, business development and technology development.
Edited from press release by Callum O'Reilly
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