APA Company has made modifications to its govt management crew consistent with an organization restructuring and the mixing of the lately acquired Callon Petroleum.
“Constructing on the momentum of our lately closed acquisition, we’re updating our management construction to raised align with the evolving wants of our enterprise”, stated John J. Christmann, APA chief govt officer. “As we speak’s modifications will assist advance vital priorities of the APA technique and create alternatives for continued management growth inside our group”.
Steve Riney, who assumed the roles of president and CFO in January 2024, will now lead asset growth features, overseeing asset groups, planning, and land, alongside monetary obligations. This restructuring goals to boost alignment amongst growth groups and monetary features, APA Company stated in a media launch.
Dave Pursell, the manager vp of growth, has departed the corporate on account of these organizational modifications.
“I need to thank Dave for his years of service and dedication. Throughout his tenure, he helped set up the event features as we transitioned to a centralized mannequin and suggested the corporate as we navigated quite a few challenges during the last a number of years. We want him the perfect in his future endeavors,” stated Christmann.
APA Company stated that Ben Rodgers has been appointed because the senior vp of finance and treasurer, reporting to Steve Riney. On this new capability, he’ll lead market methods, treasury, accounting, and tax. Rodgers, who joined APA in 2018, beforehand held the place of SVP Treasurer, Midstream & Advertising. Over his tenure, he additionally served because the CFO of Altus Midstream and later as a director on the board of Kinetik Holdings Inc. Presently, he sits on the board of Khalda Petroleum Firm, a three way partnership between APA subsidiary Apache Company and Egypt Petroleum Firm.
Castlen Kennedy has been promoted to senior vp of company affairs and advertising and marketing, reporting to Mark Maddox, the manager vp of administration. In her expanded function, she is going to preserve oversight of company communications, authorities affairs, and neighborhood partnerships, whereas taking up obligations for oil and gasoline advertising and marketing, enterprise excellence, and Egypt JV enterprise assist. Kennedy, who joined the corporate in 2006, has progressed by means of numerous roles in authorities and neighborhood affairs, investor relations, and communications, APA Company stated.
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