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المشهد العربي
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2026-08-11T11:17:19.000Z

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Konoko Philips names new CEO

Konoko Philips names new CEO

ConocoPhillips announced that its CEO, Ryan Lance, will step down at the end of August after 14 years in the position, with Andy O'Brien appointed as the new CEO. Lance will remain in his role as Interim Chairman of the Board. These leadership changes come at a time when the company reported a net profit of $3.9 billion for the second quarter, a doubling compared to the same period last year. Earnings per share increased to $3.23, confirming the company's strategic success in boosting production and continuing its share buyback plans.

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