Apache Corporation announced that Stephen Riney has been appointed as Executive VP and Chief Financial Officer, effective from February.
Riney brings over 30 years of financial and accounting experience to the position. He joins Apache following a career at BP, where he worked following the merger with Amoco in 1998. Most recently, Riney served as CFO for BP exploration and production and oversaw all accounting, business development, planning and commercial operations for the upstream segment.
Commenting on the appointment, John J. Christmann, President and CEO, said: "We are very excited to welcome Steve to the Apache executive team. He brings decades of experience and thoughtful leadership to Apache. His background in the upstream business complements both our operations and long-term growth objectives."
Riney added: "It is an honour to join Apache, a company I have long admired for its strong operational reputation and its fiscal discipline. I look forward to working with management and serving Apache's shareholders. Apache has a strong finance team, and we are well positioned to continue the company's commitment to delivering shareholder value through profitable growth and a disciplined financial approach."
Adapted from press release by Katie Woodward