Valerie M. Williams Joins WPX Energy Board of Directors
March 15 2018 - 4:15PM
Business Wire
Will Serve on Board’s Audit Committee
WPX Energy (NYSE: WPX) announced today that Valerie M. Williams
has been elected to the company’s board of directors effectively
immediately.
This press release features multimedia. View
the full release here:
http://www.businesswire.com/news/home/20180315005114/en/
Valerie M. Williams, WPX Energy Board
(Photo: Business Wire)
Williams has more than 35 years of audit and public accounting
experience with Ernst & Young, LLP, most recently as the
Southwest Region Assurance Managing Partner where she had
responsibility for a $500 million audit practice encompassing nine
states, 14 offices and 1,200 employees. She retired from the firm
in 2016.
Her experience at Ernst & Young included support for energy
clients as she worked with oil and gas producers, midstream
companies and large integrated firms with global operations.
In addition to her formal leadership roles, Williams served on
the partner advisory council, inclusiveness council and diversity
task force at Ernst & Young.
“For more than three decades, well-respected companies have
looked to Valerie for advice, counsel and insight. WPX now joins
the ranks of those who will benefit from her expertise as we
continue to execute at a high level both operationally and
financially,” said Rick Muncrief, chairman and chief executive
officer.
“The length of her tenure with a single firm speaks to her
dedication, the quality of her leadership and the value she brings
to the table. Her background in risk management and her
understanding of global markets are integral to our business,”
Muncrief added.
Williams also serves as a director for Omnicom Group, Inc. She
has a master’s degree in business administration from the
University of Houston and a bachelor’s degree in medical technology
from the University of North Texas.
Williams will serve on WPX’s audit committee. She is WPX’s
eleventh independent director. The sole inside director is Rick
Muncrief, WPX chairman and CEO.
Two members of the WPX board – William R. Granberry and George
A. Lorch – are scheduled to retire at the time of the company’s
annual meeting in May. Both have served WPX since its start as an
independent company in 2012.
About WPX Energy, Inc.
WPX is an independent energy producer with core positions in the
Permian and Williston basins. WPX’s production is approximately 80
percent oil/liquids and 20 percent natural gas. The company also
has an emerging infrastructure portfolio in the Permian Basin.
Visit www.wpxenergy.com for more information.
This press release includes “forward-looking statements” within
the meaning of the Private Securities Litigation Reform Act of
1995. All statements, other than statements of historical facts,
included in this press release that address activities, events or
developments that the company expects, believes or anticipates will
or may occur in the future are forward-looking statements. Such
statements are subject to a number of assumptions, risks and
uncertainties, many of which are beyond the control of the company.
Statements regarding future drilling and production are subject to
all of the risks and uncertainties normally incident to the
exploration for and development and production of oil and gas.
These risks include, but are not limited to, the volatility of oil,
natural gas and NGL prices; uncertainties inherent in estimating
oil, natural gas and NGL reserves; drilling risks; environmental
risks; and political or regulatory changes. Investors are cautioned
that any such statements are not guarantees of future performance
and that actual results or developments may differ materially from
those projected in the forward-looking statements. The
forward-looking statements in this press release are made as of the
date of this press release, even if subsequently made available by
WPX Energy on its website or otherwise. WPX Energy does not
undertake and expressly disclaims any obligation to update the
forward-looking statements as a result of new information, future
events or otherwise. Investors are urged to consider carefully the
disclosure in our filings with the Securities and Exchange
Commission, available from us at WPX Energy, Attn: Investor
Relations, P.O. Box 21810, Tulsa, Okla., 74102, or from the SEC’s
website at www.sec.gov.
View source
version on businesswire.com: http://www.businesswire.com/news/home/20180315005114/en/
WPX Energy, Inc.Media Contact:Kelly Swan,
539-573-4944orInvestor Contact:David Sullivan,
539-573-9360
WPX Energy (NYSE:WPX)
Historical Stock Chart
From Apr 2024 to May 2024
WPX Energy (NYSE:WPX)
Historical Stock Chart
From May 2023 to May 2024