“We’re very pleased to attract such sound, proven leadership to our board as we continue to develop world-class oil and gas resources,” said Ralph A. Hill, WPX president and CEO.
“Kelt’s background in finance, accounting and management consulting provides added strength to our board, highlighting our commitment to financial discipline and a top-tier balance sheet,” Hill added.
Kindick is a senior advisor with Bain & Company and previously served as the firm’s CFO. He has more than 25 years of experience working with senior management teams.
He earned an MBA from Harvard Business School and is a graduate of Franklin & Marshall College in Lancaster, Pa.
Kindick will serve on WPX’s audit committee along with Robert K. Herdman, John A. Carrig and William G. Lowrie. Ten of WPX’s board members are independent. The sole inside director is Ralph Hill.
WPX Energy is an exploration and production company focused on developing its oil and gas reserves, particularly in the liquids-rich Piceance Basin, the Bakken and Three Forks oil shales and the Marcellus Shale. WPX also has domestic operations in the San Juan and Powder River basins, as well as a 69% interest in Apco Oil and Gas International.