OKLAHOMA CITY--(BUSINESS WIRE)--
Devon Energy Corp. (NYSE: DVN) announced today that Darryl Smette,
executive vice president of Marketing, Facilities, Pipeline & Supply
Chain, and Frank Rudolph, executive vice president of Human Resources,
both plan to retire in July. Additionally, the Company said that Tony
Vaughn, executive vice president of Exploration and Production (E&P), is
being promoted to chief operating officer.
In related moves, Tana Cashion, vice president of Human Resources, is
being promoted to senior vice president of Human Resources, reporting to
President and CEO Dave Hager, and Sue Alberti, senior vice president of
Marketing, will assume the Supply Chain and Evaluation & Planning
organizations upon Smette’s retirement and report to Vaughn. Tracy
Carter, 45, vice president, will continue to oversee Devon’s Facilities
& Pipeline function and report to Mike Stover, 51, senior vice president
of Strategic Services.
“We want to thank both Darryl and Frank for their years of distinguished
service at Devon and for their many contributions to our Company’s
success,” Hager said. “While we’ll miss their valued counsel and
commitment to Devon’s values, we’ll continue to have a strong leadership
team to push Devon forward through these challenging times and beyond.”
Smette, 68, joined Devon in 1986 and was elected to the position of
executive vice president of Marketing and Midstream in 1999. Smette is a
member of the Oklahoma Independent Petroleum Association, Natural Gas
Association of Oklahoma and American Gas Association. He serves on the
board of directors of EnLink Midstream Partners, LP, and EnLink
Midstream, LLC.
Rudolph, 58, was elected to his current position in 2007. In the seven
years before joining Devon, Rudolph was vice president of Human
Resources for Banta Corp., an international printing and supply chain
management company with 9,000 employees. His career in human resources
spans more than 25 years.
Before joining Devon in 1999, Vaughn, 58, spent 12 years with Kerr-McGee
Corp. and, prior to that, worked as an operations engineer for Amoco
Production Co. He holds a Bachelor of Science degree in petroleum
engineering from the University of Tulsa and a Bachelor of Science
degree in business management from Oral Roberts University. He serves on
the board of directors of EnLink Midstream Partners, LP.
Upon Smette’s and Rudolph’s retirements, Devon’s Executive Committee
will be comprised of Hager and Vaughn as well as Alan Marcum, executive
vice president of Administration; Tom Mitchell, executive vice president
and chief financial officer; and Lyndon Taylor, general counsel and
executive vice president of Legal.
Cashion, 44, began her career with Devon in 2005 and was promoted to
vice president of Human Resources in 2010. During her more than 20 years
in human resources, Cashion has worked in the oil and gas, retail and
wholesale industries. She has a Bachelor of Arts degree in political
science from Pepperdine University and a master’s degree in business
administration from the University of Oklahoma.
Alberti, 58, joined Devon in 2008 and was named senior vice president of
Marketing in January 2012. Prior to that, she served as vice president
of Compensation and Benefits. Before joining Devon, Alberti worked at
Texas Instruments for seven years and at Atlantic Richfield (ARCO) for
more than 20 years in engineering, finance and human resources. She
holds a Bachelor of Science degree in chemical engineering from the
University of Michigan and a master’s degree in business administration
and finance from the University of Chicago.
Devon Energy is a leading independent energy company engaged in finding
and producing oil and natural gas. Based in Oklahoma City and included
in the S&P 500, Devon operates in several of the most prolific oil and
natural gas plays in the U.S. and Canada with an emphasis on a balanced
portfolio. The company is the second-largest oil producer among North
American onshore independents. For more information, please visit www.devonenergy.com.
View source version on businesswire.com: http://www.businesswire.com/news/home/20160216006443/en/
Source: Devon Energy Corporation