People: Devon Energy Corp (DVN.N)

DVN.N on New York Stock Exchange

26 Nov 2014
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$-0.76 (-1.17%)
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Richels, John 

Brief Biography

Mr. John Richels is President, Chief Executive Officer, Director 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 has been the Company’s President since 2004 and Chief Executive Officer since 2010. 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. Mr. Richels is currently a director of BOK Financial Corporation. He has served on the boards of a number of other publicly traded companies. He is past chairman of the Oklahoma City National Memorial and past president of the Oklahoma City Philharmonic and the Petroleum Club of Oklahoma City. Mr. Richels also serves as a director and is a member of the executive committee of the American Exploration and Production Council and the Independent Petroleum Association of America and is a member of the University of Oklahoma’s International Programs Center’s Board of Visitors. He also served as Vice-Chairman of the board of governors of the Canadian Association of Petroleum Producers.

Basic Compensation

Total Annual Compensation, USD Long-Term Incentive Plans, USD All Other, USD Fiscal Year Total, USD
1,400,600 -- 5,559,280 6,959,880

Options Compensation

  Quantity Market Value
Exercisable 332,280 12,646,700.00
Unexercisable 116,120 2,576,940.00
Exercised 160,000 4,842,630.00
Name Fiscal Year Total

J Nichols


John Richels


Thomas Mitchell


David Hager


Lyndon Taylor


Darryl Smette

As Of 30 Dec 2013
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