HOUSTON, July 14 10, 2022 (GLOBE NEWSWIRE) — APA Corporation (Nasdaq:APA) today announced the election of H. Lamar McKay as its next Chairman of the Board. This follows current President John E. Lowe’s announcement of his decision to retire. After a transition period, the change will take effect on September 1.
McKay, 63, was appointed to the APA’s board of directors in February 2021 and has served on the corporate responsibility, governance and nominating committee and the executive development and compensation committee. He also sits on the board of CRH PLC as a non-executive director. Prior to joining the APA Board, he served as Chief Transition Officer of BP PLC (BP) from October 2019 until his retirement in December 2020. He previously served as Deputy Chief Executive Officer of BP since February 2016. Prior to this role, from January 2013, McKay was the managing director of BP’s global upstream business. He has also served as Chairman and President of BP America, Inc. and Executive Vice President of BP since January 2009. He began his career in 1980 at Amoco (now BP) and held leadership positions of increasing responsibility throughout of her career.
“We are pleased to announce that Lamar will assume the role of Chairman of the APA Board of Directors after my retirement,” Mr. Lowe said. “Lamar is a respected industry leader with more than 40 years of international experience in natural gas and oil, and his appointment is a testament to his excellent working relationship with our entire Board of Directors and the senior management. On behalf of the entire Board of Directors, we welcome Lamar as our next Chairman of the Board. »
Lowe, 63, has served on the board of APA since 2013 and is also a board member of Phillips 66 and TC Energy Corporation. Prior to joining APA’s Board of Directors, he held a series of leadership positions at ConocoPhillips, including Executive Vice President, Exploration and Production; Executive Vice President, Commercial; and Executive Vice President, Planning, Strategy and Corporate Affairs. He was a member of the board of directors of Agrium Inc. (now Nutrien), Chevron Phillips Chemical Co. LLC, DCP Midstream LLC and DCP Midstream GP, LLC, the general partner of DCP Midstream Partners LP.
“We would like to thank John for his long service to the APA, serving as Chairman of the Board since 2015 and as a Director since 2013,” Mr. McKay said. “John’s leadership has helped the company through some of the toughest years in its 68-year history. We greatly appreciate his vision, strategic guidance and commitment and wish him the best in his future endeavours,” said McKay.
About the APA
APA Corporation has consolidated subsidiaries that explore for and produce oil and natural gas in the United States, Egypt and the United Kingdom and that explore for oil and natural gas offshore Suriname. APA posts announcements, operational updates, investor information and press releases on its website, www.apacorp.com. Additional details regarding Suriname, ESG performance and other investor-related topics are posted on investor.apacorp.com.
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