Newfield Exploration Names Lee K. Boothby Chairman
HOUSTON, Feb 08, 2010 /PRNewswire via COMTEX/ -- Newfield Exploration Company's (NYSE: NFX) Board of Directors has named Lee K. Boothby, 48, to the additional role of Chairman of the Board, effective upon his re-election at the Company's annual stockholders' meeting on May 7, 2010.
Boothby will add the additional responsibilities of Chairman to his current position as President and Chief Executive Officer.
Boothby succeeds David A. Trice, current Chairman and past President and CEO, who had previously agreed to serve a one-year term as non-executive Chairman until the Company's 2010 annual meeting of stockholders.
"Lee has done a great job of leading Newfield over the last year," said David A. Trice.
I am confident that Lee
will continue to build value for our stockholders."
Boothby was named President on February 5, 2009.
He was named Chief Executive Officer and elected to Newfield's Board of Directors on May 7, 2009.
Boothby joined Newfield in 1999.
Prior to his current role as President and CEO, he served as Senior Vice President - Acquisitions and Business Development from October 2007 - February 2009.
Prior to this, he served as President of the Company's Mid-Continent division from February 2002 to October 2007.
Boothby's first assignment with Newfield
, 1999 - 2002, was Vice President and General Manager of Newfield's previous Australian business unit, managed from Perth, Australia.
Prior to joining Newfield, Boothby worked for Cockrell Oil Corporation, British Gas and Tenneco Oil Company.
Boothby serves as a board member for ANGA (America's Natural Gas Alliance) and OERB (Oklahoma Energy Resources Board).
He is a member of the Society of Petroleum Engineers and the Independent Petroleum Association of America.
He holds a degree in petroleum engineering from Louisiana State University and an M.B.A. from Rice University.