ConocoPhillips (NYSE: COP) has announced the appointment of Nelda J. Connors to its board of directors. Connors, who has over 25 years of experience in the industrial and manufacturing industries, currently serves as the chair and chief executive officer of Pine Grove Holdings, LLC. She brings valuable expertise in operational excellence and corporate finance to ConocoPhillips. Ryan Lance, Chairman and CEO of ConocoPhillips, expressed his honor in welcoming Connors to the board and highlighted her proven leadership.
Ms. Connors currently serves on the boards of Carnival Corporation and Carnival plc, Otis Worldwide Corporation, and Zebra Technologies Corporation. She will be serving on the audit and finance committee as well as the public policy and sustainability committee of the ConocoPhillips board.
ConocoPhillips, headquartered in Houston, Texas, had operations and activities in 13 countries, with approximately 10,200 employees at June 30, 2024. The company's production averaged 1,923 mboed for the six months ended June 30, 2024, and its proved reserves were reported at 6.8 bboe as of December 31, 2023. Following these announcements, the company's shares moved -3.5%, and are now trading at a price of $109.81. For more information, read the company's full 8-K submission here.