Newfield Exploration Co. (NYSE: NFX) have appointed Roger B. Plank, former president and chief corporate officer (CCO) of Apache Corp., and James Kent Wells, former CEO of Fidelity Exploration & Production Co., to Newfield's board of directors. Following these appointments, Newfield's board will comprise 10 directors, nine of whom are independent.
Plank is a partner with Indian Creek Holdings, a private investment company. He has 35 years of experience in the oil and gas industry, retiring from his position as president and CCO of Apache Corp. in 2014 after serving 32 years with the company. Prior to his tenure as Apache's president and CCO, Plank served as president and principal financial officer from 2009–2010 and executive vice president and CFO from 2000–2009. He started with Apache in 1981 and served in a variety of positions with increasing responsibility and leadership. Plank holds a bachelor’s degree in liberal arts from Colgate University, Hamilton, New York, and a Master of Business Administration degree from the University of St. Thomas, St. Paul, Minnesota. He serves on the board and is presiding director of Parker Drilling Co.
Wells has more than 35 years of experience in the oil and gas industry, serving 32 years with Amoco and BP. He retired earlier this year from Fidelity Exploration & Production Co., where he held the positions of CEO and vice chairman of MDU Resources, the parent company of Fidelity. He joined Fidelity and MDU in 2011, and was responsible for the development and execution of the company's long-term strategy. During his time at Amoco/BP, he progressed through the organization and held a number of senior leadership and executive positions. From 2007–2011, Wells served as senior vice president of exploration and production North America Gas, BP America. Prior to this role, he held the positions of general manager of Abu Dhabi Co. for onshore oil operations; vice president of Gulf of Mexico Shelf, BP America; and vice president, Rockies. Wells began his career as a petroleum engineer with Amoco Canada Pet. Co. in 1979. He holds a Bachelor of Science degree in mechanical engineering from Queen's University, Kingston, Ontario, Canada. He formerly served on the boards of Fidelity and MDU.