Apache Corp. (NYSE, Nasdaq: APA) reports that Tom Yelich and Tim Custer will assume new leadership posts in a reorganization of the company's Business Development and Land groups.
Yelich has been promoted to the new position of staff vice president, Business Development, and will report to Alfonso Leon, executive vice president and CFO.
Custer has been promoted to the new role of staff vice president – Land, reporting to John Christmann, executive vice president and COO – North America.
Yelich joined Apache in 2006 as manager of Business Development. In 2010, he led commercial efforts for Apache's worldwide exploration group before being promoted to director of Business Development in 2013. Prior to joining Apache, he worked in business development positions at Burlington Resources, Vintage Petroleum, Vastar Resources, Amoco Corp. and Mirant Americas Energy Capital. He holds a bachelor's degree in petroleum engineering from the University of Texas at Austin and master's degrees in business administration and accounting from the University of Texas at Dallas.
Custer has been the Permian Region's land and commercial manager since the region was established in 2010. He joined Apache as senior staff landman for the company's former Western Region in 1996 and subsequently served as a manager and director in Business Development. Custer began his career as a landman with Amoco Production Co., working the Permian Basin, in 1985. He was promoted to gas buyer for Amoco's natural gas liquids business unit in 1993, and became acquisitions and divestures transactions coordinator for Amoco in 1995. He holds a bachelor's degree in petroleum land management from the University of Texas at Austin.