HOUSTON, February 12, 2010 --- The board of directors of ConocoPhillips [NYSE:COP] has elected Robert A. Niblock as a new outside director. The election of Mr. Niblock increases the total number of ConocoPhillips directors to 14, of which 13 are outside directors.
Mr. Niblock, 47, is chairman and chief executive officer of Lowe’s Companies, Inc., the second-largest home improvement retailer in the world. Elected chairman and CEO in 2005, he also served as Lowe’s president from 2003 to 2006, and joined the board of directors when he was named chairman and CEO-elect in 2004.
Mr. Niblock is immediate past chairman and a member of the board of directors of the Retail Industry Leaders Association, after having served as chairman in 2008 and 2009. He has been a member of the organization since 2003 and served as vice chairman in 2006 and 2007.
ConocoPhillips also announced two senior leadership changes. Robert Herman, currently president, Europe Refining, Marketing &Transportation, will become vice president, Health, Safety and Environment. He replaces Bob Ridge who has elected to retire after more than 31 years of service. Herman will report to John Carrig, president and chief operating officer. Larry Ziemba, currently president, U.S. Refining, will become president, Global Refining. In this expanded role, he will assume responsibility for all of ConocoPhillips’ worldwide refining operations. Ziemba will continue reporting to Willie Chiang, senior vice president, Refining, Marketing and Transportation. Both Herman and Ziemba will join the ConocoPhillips Management Committee.
ConocoPhillips is an integrated energy company with interests around the world. Headquartered in Houston, the company had approximately 30,000 employees, $153 billion of assets, and $149 billion of revenues as of December 31, 2009. For more information, go to www.conocophillips.com.
- # # # -