ConocoPhillips CEO Ryan Lance to step down; CFO Andy O’Brien to take over

ConocoPhillips CEO Ryan Lance is stepping down in September after 14 years, with CFO Andy O’Brien set to take over as CEO. The leadership transition occurs as the company reported a significant second-quarter profit of $3.9 billion, driven by high oil prices. ConocoPhillips also announced the completion of $1.7 billion in noncore asset sales, while expanding its international presence. AI

RANK_REASON CEO transition at a major oil and gas company. [lever_c_demoted from significant: ic=1 ai=0.0]

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• American Permian Basin
• Chevron
• ConocoPhillips
• Eagle Ford Group
• ExxonMobil
• Gulf of Mexico
• Houston
• Iraq
• Konnie Haynes-Welsh
• Oklahoma
• Phillips 66
• Robert Niblock
• Ryan Lance
• South Texas
• Syria
• West Texas

• other

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