Apache makes senior executive changes

Apache Corp.

Apache Corp. (NYSE, Nasdaq: APA) is making several changes to its executive organization. Roger Plank, president and chief corporate officer, has elected to retire from Apache.  Alfonso Leon, senior vice president and chief of staff, has been appointed executive vice president and CFO, reporting to G. Steven Farris, chairman, CEO and president. Leon will lead Apache's financial, commercial, stakeholder relations, planning and strategy functions.  Tom Chambers will assume the new position of senior vice president, finance.

"In nearly 33 years at Apache, Roger has been intimately involved in Apache's direction and profitable growth, and I have valued his insight and perspective on our business, culture and strategy," Farris said.

Roger PlankPlank became CFO in 1997 and president of the company in 2009.

Leon has been senior vice president and chief of staff since 2012. He joined Apache in 2009.

"Alfonso has been instrumental in shaping and executing the repositioning of Apache's portfolio for its next stage of value growth," Farris said. Prior to joining Apache, he was a director and head of energy investment banking at Perella Weinberg Partners in London. He also served in various corporate strategy, planning and business development roles at Royal Dutch Shell in London and The Hague. He holds a bachelor's degree in economics from Harvard and an MBA from Harvard Business School.

Chambers joined Apache in 1995 as director of corporate planning before being appointed vice president of corporate planning in 2001. He was appointed vice-president of planning and investor relations in 2009 before assuming the role of CFO in 2010. Prior to joining the company, Chambers was in the international business development group at Pennzoil Exploration and Production, having held a variety of management positions with BP plc from 1981 to 1992. He holds a bachelor's degree in from the University of Notre Dame.

 

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