APA Corporation (Nasdaq: APA) has announced key updates to its executive leadership team, with Ben C. Rodgers being promoted to Executive Vice President and Chief Financial Officer, effective May 12, 2025. Rodgers, who previously served as SVP, Finance and Treasurer, will now oversee all financial activities and departments, including Accounting, Audit, Investor Relations, Planning, Tax, and Treasury. He brings valuable expertise to the financial operations of APA Corporation, having previously served as CFO of Altus Midstream and later as a director on the board of Kinetik Holdings Inc.
In addition to the executive leadership changes, the company has strengthened its operational team with the addition of Shad Frazier as Senior Vice President, U.S. Onshore Operations, and Donald Martin as Vice President, Decommissioning. Frazier, with nearly 30 years of industry experience, most recently served as Vice President, Production Operations at Endeavor Energy Resources, LP. On the other hand, Martin brings 20 years of operations and decommissioning portfolio experience, having most recently served as the head of decommissioning & projects at Spirit Energy E&P.
APA Corporation's President, Steve Riney, will continue overseeing asset development and operations. These additions to the team are expected to bring extensive experience and leadership to drive the company's operations forward.
APA Corporation owns consolidated subsidiaries that explore for and produce oil and natural gas in the United States, Egypt, and the United Kingdom, and also explores for oil and natural gas offshore Suriname and elsewhere.
These leadership updates come as APA Corporation continues its operations in various regions, with a focus on strengthening its financial and operational teams to drive the company forward. The market has reacted to these announcements by moving the company's shares 1.1% to a price of $15.21. Check out the company's full 8-K submission here.
