ConocoPhillips EVP Macklon Retires after 33 Years with the Company

ConocoPhillips’ executive vice-president for strategy sustainability and technology, Dominic Macklon, has decided to retire after serving the company for 33 years, effective May 1. The company said in a media release that Macklon is retiring for family medical reasons.

Macklon began his career with Conoco in 1991 and held numerous engineering, business development, operations and leadership roles of increasing responsibility before becoming a member of the company’s executive leadership team in 2018, the company said.

ConocoPhillips said that since 2018 Macklon led the company’s Lower 48 business and went on to oversee corporate planning and development, global technical functions, information technology, sustainable development and low-carbon technologies.

“I want to thank Dominic for his leadership, dedication and significant contributions during his distinguished 33 years with ConocoPhillips”, said Ryan Lance, chairman and chief executive officer. “Dominic has played an important role in identifying and driving value from low cost of supply opportunities across our global portfolio while positioning our company for the energy transition and accelerating our emissions reduction initiatives. I wish Dominic the best in retirement as he relocates back to the U.K.”

The decision was made public days after the company reported a slump in its net income. ConocoPhillips reported a net income of $11.0 billion for 2023, compared to $18.7 billion for 2022.

Production for 2023 was 1.826 million barrels of oil equivalent per day (MMboed), an increase of 88,000 boed a year ago. After adjusting for impacts from closed acquisitions and dispositions, production increased 73,000 boed or four percent, the company said.

Also, toward the end of last year, ConocoPhillips said it made a decision to move forward with the development of the Willow project in Alaska.

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