By Tess Stynes
Apache Corp. (APA) said Chief Financial Officer Alfonso Leon has
resigned from the oil-and-gas producer to pursue other
opportunities after less than a year in the role.
The company has appointed P. Anthony Lannie, its general
counsel, to serve as CFO on an interim basis as it searches for a
permanent successor.
Apache said in a news release Tuesday that Mr. Leon's
resignation isn't related to any issues regarding financial
disclosures, accounting or legal matters.
Apache Chairman and Chief Executive G. Steven Farris said the
company continues to evaluate options for its international assets
and liquefied natural-gas projects.
During July Apache said it is exploring the possible separation
of its international assets, in the wake of pressure from activist
investors and as it reported a decline in quarterly earnings. The
company already had been shedding noncore assets in an effort to
improve its profits and shareholder returns.
Mr. Leon, who had been with Apache since 2009, was named finance
chief in February. His roles at Apache included serving as the
company's chief of staff since 2012.
Prior to joining Apache, Mr. Leon was a director and head of
energy investment banking at Perella Weinberg Partners in
London.
Write to Tess Stynes at tess.stynes@wsj.com
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