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WPX Names Controller and CAO as Interim CFO

Source: www.gulfoilandgas.com 3/18/2014, Location: North America

WPX Energy announced that Senior Vice President and Chief Financial Officer Rod Sailor will resign from the company effective March 31to accept a position at another company.

The Board of Directors appointed J. Kevin Vann, who serves as the company’s Vice President, Controller and Chief Accounting Officer, to be interim Senior Vice President and Chief Financial Officer. Vann will also replace Sailor as director for Apco Oil and Gas International. “We’re going to miss Rod and wish him well in his future endeavors,” said President & CEO Jim Bender. “He was instrumental in our launch as a company and in our transition period to new leadership.”

Bender said, “I’m pleased that we have a strong bench of finance and accounting personnel. Kevin’s financial experience in stewardship will help us to further strengthen the WPX portfolio of oil and natural gas properties. We look forward to working with and benefiting from Kevin’s experience.” Vann began his career with Arthur Andersen in Tulsa before coming to Williams in 1998. He held positions responsible for accounting and risk management. In 2006, he became Controller for the Exploration & Production business of Williams, which later spun off as independent company WPX Energy. Vann is a graduate of Oklahoma State University and member of the Oklahoma State Accounting Alumni Council. He served on the Board for Youth Services of Tulsa and the Advisory Council for the American Lung Association.



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