Devon Appoints Former EP Energy Head Brent Smolik to Board
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Brent Smolik
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Devon Energy has appointed Brent Smolik to its board of directors. Smolik is the former president and chief operating officer of Noble Energy and president, CEO, and chairman of the board of EP Energy Corporation.
“We are pleased to welcome Brent Smolik to our board of directors. His leadership and strategic insight will be instrumental as we continue to deliver value to our shareholders,” said Clay Gaspar, president and CEO.
“Brent’s extensive experience, combined with his operational and technical expertise in the oil and gas industry, will be valuable as we guide the company into the future. His proven track record in both upstream and midstream sectors, as well as his prior service on multiple public company boards, will provide important perspective,” said John Bethancourt, Devon’s chair.
Brent Smolik, 64, has more than 40 years of experience in the oil and gas industry, holding senior executive roles at Noble Energy, Noble Midstream Partners, EP Energy Corporation, El Paso Corporation, ConocoPhillips, and Burlington Resources. He most recently served as president and chief operating officer at Noble Energy until retiring after its merger with Chevron in 2020. Smolik has also served on the boards of Marathon Oil, Noble Midstream Partners, Cameron International, and Encino Acquisition Partners.
Devon’s board determined that Smolik is independent and appointed him to the audit and safety, operations, and resource committees. With this appointment, Devon’s board will comprise 11 members, 10 of whom are independent.
Devon Energy is a leading oil and gas producer in the U.S. with a diversified multi-basin portfolio headlined by a world-class acreage position in the Delaware Basin. Devon’s disciplined cash-return business model is designed to achieve strong returns, generate free cash flow and return capital to shareholders, while focusing on safe and sustainable operations.
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