The board of directors has appointed Clay Gaspar, currently Devon’s Chief Operating Officer, to succeed Muncrief as President and CEO and as a member of the board, effective March 1, 2025. “Rick’s ...

Richard Muncrief, Devon Energy president and CEO, plans to retire in March 2025. The Oklahoma-based energy corporation has appointed Chief Operating Officer Clay Gaspar to succeed 66-year-old ...

The board of directors has appointed Clay Gaspar, currently Devon’s Chief Operating Officer, to succeed Muncrief as President and CEO and as a member of the board, effective March 1, 2025.

Devon Energy announced Monday Rick Muncrief, president and CEO for the company the past four years, plans to step down as he enters retirement. Richard Muncrief, Devon Energy president and CEO ...

Devon maintains an attractive dividend yield and is focused on debt reduction and share buybacks, positioning well for a potential oil price rally. Incoming CEO Clay Gaspar may bring new strategic ...

Rick Muncrief, 66, will officially step down on 1 March, and will be replaced by Devon's current chief operating officer Clay Gaspar. Devon’s stock was up 1.7% on Monday following the news.

(REUTERS) — Devon Energy said Monday that CEO Rick Muncrief, a U.S. shale industry veteran, will step down effective March 1, and hand over the reins to Chief Operating Officer Clay Gaspar.

We are excited to collaborate with Clay to build upon the past success of Devon and create additional long-term value for our shareholders.” Gaspar, who oversees Devon's geosciences, reservoir ...

Devon Energy Corporation (NYSE ... Concurrently, the Board appointed Clay M. Gaspar, currently serving as the company’s Executive Vice President and Chief Operating Officer, to take over ...

According to InvestingPro analysis, Devon Energy appears undervalued based on its Fair Value assessment, with analysts setting price targets ranging from $43 to $64. Succeeding him, Clay M. Gaspar, ...

Muncrief will also resign from Devon Energy’s board of directors and leave the company on March 1, 2025. He will be succeeded in the CEO role by Clay Gaspar, who is currently Devon Energy’s ...