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APA Corp. Chairman Retires; McKay Tapped as Successor
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APA Corp. announced the election of H. Lamar McKay as the next chairman of the board. This follows the announcement by current chairman John E. Lowe of his decision to retire.
Following a transition period, the change will be effective Sept. 1.
About McKay:
McKay, 63, was appointed to the APA board in Feb. 2021 and has served on the Corporate Responsibility, Governance, and Nominating Committee and the Management Development and Compensation Committee. He also serves on the board of CRH PLC as a non-executive director. Prior to joining the APA board, he served as the chief transition officer of BP PLC (BP) from October 2019 until his retirement in December 2020. He previously served as BP's deputy chief executive officer since February 2016. Prior to that role, from January 2013, McKay was the chief executive of BP's worldwide upstream business. He was also chairman and president of BP America, Inc. and executive vice president of BP since January 2009. He began his career in 1980 with Amoco (now BP) and held leadership positions of increasing responsibility throughout his career.
About Lowe:
Lowe, 63, has served on the APA board since 2013, and also serves as a member of the board of directors for Phillips 66 and TC Energy Corporation. Prior to joining the APA board, he held a series of executive positions with ConocoPhillips, including executive vice president, Exploration & Production; executive vice president, Commercial; and executive vice president, Planning, Strategy and Corporate Affairs. He is a former board member of Agrium Inc. (now Nutrien), Chevron Phillips Chemical Co. LLC, DCP Midstream LLC and DCP Midstream GP, LLC, the general partner of DCP Midstream Partners LP.
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