HOUSTON – ConocoPhillips has announced several future appointments to the executive management teams of the two energy companies that will be created when ConocoPhillips completes its strategic repositioning, expected in 2Q 2012.
The new ConocoPhillips will be an independent, pure-play exploration and production company. Phillips 66, the independent downstream company, will have businesses in refining, marketing, midstream and chemicals. The designated chief executive officers for each company are creating new leadership teams to support the independent companies.
Ryan Lance, designated chairman and CEO of the future ConocoPhillips, has selected three members of his executive management team. Matt Fox will become executive vice president, exploration and production. Alan J. Hirshberg will become executive vice president, technology and projects. Don E. Wallette Jr. will become executive vice president, business development and commercial.
Greg Garland, designated chairman and CEO of Phillips 66, has named a member of his executive management team. Lawrence M. Ziemba will become executive vice president, refining with responsibility for major projects and procurement.
ConocoPhillips Chairman and CEO Jim Mulva plans to retire once the repositioning is complete. E.L. (Gene) Batchelder, senior vice president and chief administrative officer, and W.C.W. Chiang, senior vice president, refining, marketing, transportation and commercial, plan to retire but will remain in their current roles until the repositioning is complete.