Kindick joins WPX Energy board of directors

WPX Energy

WPX Energy (NYSE:WPX) has elected Kelt Kindick to the company’s board of directors. The appointment increases the size of WPX’s board to 11.

“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.

Related Articles

ENERGY PLAYERS

04/11/2014

Kurz joins WPX Energy board of directors

01/09/2014

WPX Energy reports that Karl F. Kurz has been elected to the company’s board of directors.

WPX Energy adds investor nominee to board

12/23/2013

Reuters reports that WPX Energy has added hedge fund shareholder Taconic Capital Advisors LP to its board.

WPX Energy reaches agreement with Taconic Capital Advisors

12/18/2013

WPX Energy has reached an agreement with Taconic Capital Advisors LP, the company’s second largest shareholder, which owns 13.8 million shares representing 6.9% of WPX’s outstanding shares.

WPX Energy makes changes in leadership

12/17/2013 WPX Energy reports that Ralph A. Hill will step down as president, CEO, and board member of the company and that the board of directors has appointed James J. Bender as interim president, CEO, and ...

More Oil & Gas Financial Articles

ENERGY PLAYERS

Fri, Apr 11, 2014

Kurz joins WPX Energy board of directors

Thu, Jan 9, 2014

WPX Energy reports that Karl F. Kurz has been elected to the company’s board of directors.

WPX Energy adds investor nominee to board

Mon, Dec 23, 2013

Reuters reports that WPX Energy has added hedge fund shareholder Taconic Capital Advisors LP to its board.

WPX Energy reaches agreement with Taconic Capital Advisors

Wed, Dec 18, 2013

WPX Energy has reached an agreement with Taconic Capital Advisors LP, the company’s second largest shareholder, which owns 13.8 million shares representing 6.9% of WPX’s outstanding shares.

WPX Energy makes changes in leadership

Tue, Dec 17, 2013

WPX Energy reports that Ralph A. Hill will step down as president, CEO, and board member of the company and that the board of directors has appointed James J. Bender as interim president, CEO, and board member, effective Dec. 31. 

Most Popular

Oil & Gas Jobs

Search More Job Listings >>
Subscribe to OGFJ