Apache appoints new CFO

Apache Corp. (NYSE, Nasdaq: APA) has appointed Stephen Riney as executive vice president and CFO. He is scheduled to begin his new role in February.

Riney brings over 30 years of financial and accounting experience to the position. He joins Apache following a distinguished career at BP plc, where he most recently served as CFO for BP exploration and production, and oversaw all accounting, business development, planning, and commercial operations for the upstream segment. Previously, he served as the global head of mergers and acquisitions (M&A), and held several management positions in project finance, insurance, operations, and planning. Before BP’s merger with Amoco, Riney spent nine years with Amoco in various management roles in finance, M&A, planning, and marketing.

"We are very excited to welcome Steve to the Apache executive team,” said John J. Christmann IV, Apache CEO and president. “He brings decades of experience and thoughtful leadership to Apache. His background in the upstream business complements both our operations and long-term growth objectives."

Riney holds a bachelor’s degree in accounting and finance from the University of Notre Dame, and a Master of Business Administration degree from the University of Chicago Booth School of Business.

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