Edition:
United States

People: Devon Energy Corp (DVN.N)

DVN.N on New York Stock Exchange

41.22USD
29 Mar 2017
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Richels, John 

Mr. John Richels is a Chairman of the Board of Devon Energy Corporation. Mr. Richels is an accomplished business leader with 35 years of experience in the oil and gas industry and legal profession. He served as the Company’s President from 2004 through 2010 and President and Chief Executive Officer from 2010 until his retirement in 2015. He was elected Vice Chairman in December 2014 and will be elected as Chairman of the Board upon the retirement of J. Larry Nichols in June 2016. Mr. Richels brings to the Board an extensive knowledge of the energy industry, including his experience with the Company’s assets and operations. Mr. Richels joined Devon in 1998 when the Company acquired Northstar Energy Corporation, where he held the office of executive vice president and chief financial officer. After the acquisition, he served as senior vice president of Devon and president and chief executive officer of Devon’s Canadian subsidiary. Prior to joining Northstar, Mr. Richels was managing partner, chief operating partner and a member of the executive committee of the Canadian-based national law firm Bennett Jones. He joined Bennett Jones in 1978 practicing in the mergers and acquisitions, securities and corporate law areas, primarily in the oil and gas sector. During his legal career, Mr. Richels also served, on loan from Bennett Jones, as an officer of the XV Olympic Winter Games Organizing Committee in Calgary. Mr. Richels received a bachelor’s degree in economics from York University. He also received a law degree from the University of Windsor.

Basic Compensation

Total Annual Compensation, USD 924,000
Restricted Stock Awards, USD 6,002,400
Long-Term Incentive Plans, USD --
All Other, USD 2,517,170
Fiscal Year Total, USD 9,443,570

Options Compensation

  Quantity Market Value
Exercisable -- --
Unexercisable -- --
Exercised -- --
Name Fiscal Year Total

John Richels

9,443,570

David Hager

9,876,890

Thomas Mitchell

4,234,940

Tony Vaughn

4,712,910

Lyndon Taylor

4,136,950

R. Alan Marcum

--
As Of  30 Dec 2015