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Form 8-K · Current Report · Filed 2024-01-23

Devon Energy Announces Retirement of Chief Accounting Officer and Appointment of Successor

Devon Energy Corporation announced on January 17, 2024, that Jeremy Humphers, Senior Vice President and Chief Accounting Officer, will retire effective March 8, 2024.

Filer
Devon Energy Corporation DVN · NYSE
Filed
Accession
0001193125-24-012990
CIK
0001090012
Signal
Medium impactEnergy

Details

John Sherrer has been appointed to succeed him, effective upon retirement. Sherrer, who has been with the company since 2011, will also enter into a severance agreement upon his promotion.

Items reported

Item 5.02

Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers

CAO Resignation New CAO Appointed

Market reaction

Close before filing

$41.18

Next session

+1.1%

Since filing

+9.6%

Latest close

$45.13

What happened, not what will happen — closing prices around the filing date.

About Devon Energy Corporation

Devon Energy Corporation is a prominent player in the energy sector, specializing in the exploration, development, and production of oil and natural gas. With its corporate headquarters located in Oklahoma City, Oklahoma, Devon Energy operates principally across the United States. Its portfolio encompasses some of the most resource-rich areas, such as the Delaware Basin within the greater Permian Basin, Eagle Ford, Anadarko Basin, Powder River Basin, and the Williston Basin. The company's primary function is to harness and maximize value from its substantial onshore oil and gas reserves, making substantial contributions to the energy supply chain. Devon Energy is noted for its strategic focus on efficient and sustainable practices in hydrocarbon extraction and production. It plays a critical role in the U.S. energy landscape, providing resources essential for various sectors including transportation, manufacturing, and residential energy needs. Through innovative drilling and operating techniques, Devon Energy pursues operational excellence while remaining committed to reducing its environmental footprint and enhancing the safety of its operations.

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