People: Devon Energy Corp (DVN.N)
Mr. John Richels has been appointed as Vice Chairman of the Board of the Company. He is no longer President, Chief Executive Officer of Devon Energy Corporation effective July 31, 2015. 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.
|Total Annual Compensation, USD||1,447,380|
|Restricted Stock Awards, USD||10,047,400|
|Long-Term Incentive Plans, USD||--|
|All Other, USD||10,116,300|
|Fiscal Year Total, USD||21,611,000|