Devon Energy Corporation Announces Retirement of Richard E. Muncrief and Appointment of Clay M. Gaspar as President and CEO
Position
President
Company
Devon Energy Corp
Oklahoma CityEnergyOil And GasSoftwareDescription
Devon Energy Corporation has announced the retirement of Richard E Muncrief as President, Chief Executive Officer, and a member of the Board of Directors, effective March 1, 2025. Clay M Gaspar, currently serving as the Executive Vice President and Chief Operating Officer, has been appointed as the new President and CEO, as well as a member of the Board, effective the same date. The transition comes with a clear succession plan and highlights the company's commitment to stable governance and strategic direction.
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