People: Devon Energy Corp (DVN)


DVN on New York Consolidated

55.30USD
18 Jun 2013
Price Change (% chg)

$0.30 (+0.55%)
Prev Close
$55.00
Open
$54.94
Day's High
$55.58
Day's Low
$54.87
Volume
2,458,537
Avg. Vol
3,275,978
52-wk High
$63.95
52-wk Low
$50.81

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Summary

Name Age Since Current Position

John Richels

61 2010 President, Chief Executive Officer, Director

Jeffrey Agosta

44 2010 Chief Financial Officer, Executive Vice President

David Hager

56 2013 Chief Operating Officer

Lyndon Taylor

53 2007 Executive Vice President, General Counsel

Darryl Smette

65 2008 Executive Vice President - Marketing and Midstream and Supply Chain

Frank Rudolph

55 2007 Executive Vice President - Human Resources

R. Alan Marcum

45 2008 Executive Vice President - Administration

Tony Vaughn

55 2013 Executive Vice President - Exploration and Production

William Whitsitt

67 2008 Executive Vice President - Public Affairs

John Hill

71 2010 Lead Independent Director

Robert Henry

59 2010 Independent Director

Michael Kanovsky

64 1999 Independent Director

Robert Mosbacher

61 2009 Independent Director

Duane Radtke

63 2010 Independent Director

Mary Ricciardello

56 2007 Independent Director

Vince White

Senior Vice President - Communications, Investor Relations

Biographies

Name Description

John Richels

Mr. John Richels is President, Chief Executive Officer, Director of Devon Energy Corporation. Mr. Richels was appointed President and Chief Executive Officer in 2010, having previously served as President of the Company since 2004. Prior to that, Mr. Richels served as President and Chief Executive Officer of Devon Canada Corporation, a subsidiary of the Company. He joined the Company in 1998 when the Company acquired Canadian-based Northstar Energy Corporation. Prior to that Mr. Richels served as Managing and Chief Operating Partner of the Canadian-based national law firm, Bennett Jones. Mr. Richels holds a Bachelor’s degree in Economics from York University and a law degree from the University of Windsor. Mr. Richels served as a director of Northstar Energy Corporation from 1993 to 1996. He served as Vice-Chairman of the board of governors of the Canadian Association of Petroleum Producers.

Jeffrey Agosta

Mr. Jeffrey A. Agosta is Chief Financial Officer, Executive Vice President of Devon Energy Corporation, since March 2010. He has been with the Company since 1997. He held the position of Senior Vice President—Corporate Finance and Treasurer from 2003 to 2010. Prior to joining Devon, Mr. Agosta was with the management consulting firm of D. R. Payne and Associates and with KPMG Peat Marwick. He holds a Bachelor’s degree in Accounting from the University of Oklahoma and is a Certified Public Accountant.

David Hager

Mr. David A. Hager has been appointed as Chief Operating Officer of Devon Energy Corporation effective June 5, 2013. Mr. Hager previously held the position of Executive Vice President Exploration and Production since he joined the Company in March 2009. From 2007 until joining the Company, Mr. Hager served as a member of the Board. From 1999 to 2006, he was employed by Kerr-McGee Corp., serving in various capacities, including most recently as chief operating officer. Mr. Hager has a Bachelor’s degree in Geophysics from Purdue University and a Master’s degree in Business Administration from Southern Methodist University.

Lyndon Taylor

Mr. Lyndon C. Taylor is an Executive Vice President, General Counsel of Devon Energy Corporation. He has been with the Company since 2005. He served as Deputy General Counsel from the time he joined the Company in 2005 until 2007. Prior to joining Devon, Mr. Taylor was with Skadden Arps Slate Meagher & Flom LLP for 20 years, most recently as managing partner of the energy practice in Houston. He is admitted to practice law in Oklahoma and Texas. Mr. Taylor holds a Bachelor’s degree in Industrial Engineering from Oklahoma State University and a Juris Doctorate from the University of Oklahoma.

Darryl Smette

Mr. Darryl G. Smette is an Executive Vice President - Marketing and Midstream and Supply Chain of Devon Energy Corporation. He has been with the Company since 1986. His marketing background includes 15 years with Energy Reserves Group, Inc./BHP Petroleum (Americas), Inc. Mr. Smette serves on the Board of Directors of Panhandle Oil & Gas Inc. Mr. Smette is an oil and gas industry instructor approved by the University of Texas Department of Continuing Education. He is a member of the Oklahoma Independent Producers Association, Natural Gas Association of Oklahoma and the American Gas Association. Mr. Smette holds an undergraduate degree from Minot State University and a Master’s degree from Wichita State University.

Frank Rudolph

Mr. Frank W. Rudolph is an Executive Vice President - Human Resources of Devon Energy Corporation. He has been with the Company since 2007. From 2000 until he joined Devon, Mr. Rudolph served as Vice President Human Resources for Banta Corporation, an international printing and supply chain management company. Mr. Rudolph holds a Bachelor’s degree in Administration from Illinois State University and a Master’s degree in Industrial Relations and Management from Loyola University.

R. Alan Marcum

Mr. R. Alan Marcum is an Executive Vice President - Administration of Devon Energy Corporation. He has been with the Company since 1995. Prior to joining the Company, Mr. Marcum was employed by KPMG Peat Marwick as a Senior Auditor. He holds a Bachelor’s degree from East Central University, majoring in Accounting and Finance. Mr. Marcum is a Certified Public Accountant and a member of the Oklahoma Society of Certified Public Accountants.

Tony Vaughn

Mr. Tony Vaughn has been appointed as Executive Vice President - Exploration and Production of Devon Energy Corporation effective June 10, 2013. He previously served as Devon’s senior vice president, exploration and strategic services. Prior to joining Devon in 1999, Vaughn spent 12 years with Kerr-McGee Corporation, most recently as manager of the Rocky Mountains district. Before joining Kerr-McGee, Vaughn worked as an operations engineer for Amoco Production Company. 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.

William Whitsitt

Mr. William F. Whitsitt is an Executive Vice President - Public Affairs of Devon Energy Corporation. He has been with the Company since 2008. For 11 years prior to joining Devon, Mr. Whitsitt served as a public affairs consultant in Washington, D.C. He also held the positions of president and chief operating officer for the American Exploration & Production Council, the national trade association representing the U.S. independent exploration and production companies. Previously he served as director of Government Affairs for the law firm of Skadden Arps Slate Meagher & Flom LLP, and held the position of Vice President of worldwide Marketing and Public Affairs for Oryx Energy. Mr. Whitsitt holds a Doctoral degree in Public Administration from George Washington University.

John Hill

Mr. John A. Hill is Lead Independent Director of Devon Energy Corporation. He has been Director since 2000. Mr. Hill founded First Reserve Corporation, an oil and gas investment management company, in 1983 and is its Vice Chairman and Managing Director. Mr. Hill was President and Chief Executive Officer of several investment banking and asset management companies and served as Deputy Associate Director of the Office of Management and Budget and as Deputy Administrator of the Federal Energy Administration during the Ford administration. Mr. Hill holds a Bachelor’s degree in Economics from Southern Methodist University and pursued graduate studies there as a Woodrow Wilson Fellow. Mr. Hill serves as Chairman of the Board of Trustees of the Putnam Funds in Boston and as Chairman of the Board of Trustees of Sarah Lawrence College.

Robert Henry

Mr. Robert H. Henry is an Independent Director of Devon Energy Corporation, since August 16, 2010. Mr. Henry has served as President and Chief Executive Officer of Oklahoma City University since June 2010. Mr. Henry was appointed to the United States Court of Appeals for the Tenth Circuit in 1994, where he served until June 2010, as Chief Judge. Prior to his appointment, he was Dean and Professor of Law at Oklahoma City University School of Law from 1991 to 1994, Attorney General of Oklahoma from 1987 to 1991 and an Oklahoma State Representative from 1976 to 1986. Mr. Henry holds a Bachelor’s degree and a law degree from the University of Oklahoma. Mr. Henry serves as a director for the Oklahoma Medical Research Foundation, Foundation for the Future, Oklahoma Heritage Association and the Vera Institute of Justice.

Michael Kanovsky

Mr. Michael M. Kanovsky is an Independent Director of Devon Energy Corporation, since 1999. Mr. Kanovsky is a professional engineer and President of Sky Energy Corporation. Mr. Kanovsky was a founder of both Northstar Energy Corporation and Bonavista Energy Corporation. From 1982 to 1998 he served on the Board of Directors of the Canadian-based Northstar Energy Corporation, which was acquired by Devon in 1998. Mr. Kanovsky holds a Bachelor’s degree in Mechanical Engineering from Queen’s University as well as a Master’s degree in Business Administration from the Richard Ivey School of Business at the University of Western Ontario.

Robert Mosbacher

Mr. Robert A. Mosbsacher is an Independent Director of Devon Energy Corporation, since 2009. Mr. Mosbacher is Chairman of Mosbacher Energy Company, an independent oil and gas exploration and production company. Mr. Mosbacher previously served as a member of the Board from 1999 until 2005 when he was appointed by the Bush administration to the position of President and Chief Executive Officer of the Overseas Private Investment Corporation (OPIC), an independent agency of the U.S. government that supports private capital investment in emerging markets around the world. Mr. Mosbacher received a Bachelor’s degree from Georgetown University and a law degree from Southern Methodist University. Mr. Mosbacher currently serves as a director of Calpine Corporation.

Duane Radtke

Mr. Duane C. Radtke is an Independent Director of Devon Energy Corporation, since August 16, 2010. Mr. Radtke is owner, President and Chief Executive Officer of Valiant Exploration LLC. He was President and Chief Executive Officer of Dominion Exploration and Production from 2001 to 2007. Following the Company’s 2000 merger with Santa Fe Snyder, Mr. Radtke was President of the Company’s international division until joining Dominion. Mr. Radtke holds a Bachelor’s degree in Mining Engineering from the University of Wisconsin. Mr. Radtke is Non-Executive Chairman of NFR Energy, LLC. He is a director of Kris Energy and served as a director of Smith International, Inc. from 2009 until 2010, at which time Smith International, Inc. merged with Schlumberger Limited.

Mary Ricciardello

Ms. Mary P. Ricciardello is an Independent Director of Devon Energy Corporation, since 2007. Ms. Ricciardello is a licensed Certified Public Accountant. In 2002 she retired after a 20-year career with Reliant Energy Incorporated, a independent power producer and marketer. Ms. Ricciardello began her career with Reliant in 1982 and served in financial management positions with the company including Comptroller, Vice President and as Senior Vice President and Chief Accounting Officer. Ms. Ricciardello holds a Bachelor’s degree in Business Administration from the University of South Dakota and a Master’s degree in Business Administration with emphasis in Finance from the University of Houston.

Vince White

Basic Compensation

Options Compensation

Name Options Value

John Richels

559,400 21,461,390

Jeffrey Agosta

21,200 1,173,940

David Hager

3,000 29,910

Lyndon Taylor

0 0

Darryl Smette

661,400 26,974,800

Frank Rudolph

0 0

R. Alan Marcum

0 0

Tony Vaughn

0 0

William Whitsitt

0 0

John Hill

0 0

Robert Henry

0 0

Michael Kanovsky

0 0

Robert Mosbacher

0 0

Duane Radtke

0 0

Mary Ricciardello

0 0

Vince White

0 0
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