HOUSTON, Jan. 22, 2015 /PRNewswire/ -- Apache
Corporation (NYSE, Nasdaq: APA) announced today Stephen Riney will be appointed as executive
vice president and chief financial officer. He is scheduled to
begin in February.
Riney brings over 30 years of financial and accounting
experience to the position. He joins Apache following a
distinguished career at BP, plc. where he worked following the
merger with Amoco in 1998. Most recently, Riney served as the chief
financial officer for BP exploration and production and oversaw all
accounting, business development, planning and commercial
operations for the upstream segment. Previously, he served as the
global head of mergers and acquisitions and held several management
positions in project finance, insurance, operations and planning.
Prior to the merger with BP, Riney spent nine years with Amoco in
various management roles in finance, mergers and acquisitions,
planning and marketing.
"We are very excited to welcome Steve to the Apache executive
team. He brings decades of experience and thoughtful leadership to
Apache. His background in the upstream business complements both
our operations and long-term growth objectives," said John J. Christmann, IV, chief executive officer
and president.
"It is an honor to join Apache, a company I have long admired
for its strong operational reputation and its fiscal discipline. I
look forward to working with management and serving Apache's
shareholders," Riney said. "Apache has a strong finance team,
and we are well positioned to continue the company's commitment to
delivering shareholder value through profitable growth and a
disciplined financial approach."
Riney holds an MBA from The University of
Chicago Booth School of Business and a BBA in accounting and
finance from the University of Notre
Dame.
About Apache
Apache Corporation is an oil and gas exploration and production
company with operations in the United
States, Canada,
Egypt, the United Kingdom and Australia. Apache posts announcements,
operational updates, investor information and all press releases on
its website, www.apachecorp.com.
APA-F
Logo -
http://photos.prnewswire.com/prnh/20140116/DA47435LOGO
To view the original version on PR Newswire,
visit:http://www.prnewswire.com/news-releases/apache-announces-new-chief-financial-officer-300024544.html
SOURCE Apache Corporation