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Stover tapped to succeed Davidson as Noble Energy CEO

Noble Energy

Charles D. Davidson, chairman and CEO of Noble Energy Inc. (NYSE: NBL), plans to retire May 1, 2015. He will leave the board of directors at that time. Davidson has served as CEO and director since joining the company in 2000. The board announced that it will propose the election of David L. Stover as a director at its April 22, 2014 organizational meeting following the Annual Meeting, and that it intends to appoint Stover as CEO in October 2014. Davidson will serve as the company's chairman until the 2015 Annual Meeting. Stover currently serves as the company's president and COO.

Stover was elected president and COO of Noble Energy in April 2009. Prior to that, he served in several other executive positions following his joining the company in 2002. Before joining Noble Energy, he was employed by BP America Inc., Vastar Resources and Atlantic Richfield. He holds a bachelor's degree in petroleum and natural gas engineering from Pennsylvania State University and has approximately 35 years of industry experience.

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