HOUSTON -- ConocoPhillips has announced the following management changes:
John Carrig, currently executive VP of finance and CFO, will become president and COO.
Jim Gallogly, currently executive VP of refining, marketing, and transportation, will become executive VP of exploration and production.
Willie Chiang, currently senior VP, commercial, will become senior VP of refining, marketing, and transportation.
Greg Goff, currently president of strategy, integration and specialty businesses for refining, marketing, and transportation, will become senior VP, commercial.
Ryan Lance will remain president of exploration and production for Europe, Asia, Africa, and the Middle East.
Sig Cornelius, currently VP of planning, strategy and corporate affairs (PS&CA), will become senior VP of finance, and CFO.
Jeff Sheets, currently VP and treasurer, will become senior VP of planning and strategy.
Red Cavaney, who will retire from his position as president and CEO of the American Petroleum Institute on Oct. 31, 2008, will become senior vice president, government, and public affairs in November 2008.
Fran Vallejo, currently GM of corporate planning and budgets, PS&CA, will become VP and treasurer, finance.
John Lowe, currently executive VP of exploration and production, will now serve as assistant to the CEO. In this new role, Lowe will assist in the transition of his current duties, continue to represent the company in many of its external relationships, and provide assistance on special assignments.. Lowe will continue to work full-time until Jan. 31, 2009. Thereafter, he will be employed by the company on a part-time basis.