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Anadarko Petroleum Corporation (ticker: APC) announced the election of Claire S. Farley as an independent director of the company, effective Feb. 9, 2017.

Anadarko Adds Deal Power to Board

Anadarko Chairman, President and CEO Al Walker. Photo: Anadarko

“Claire is a respected leader in the energy industry with a tremendous track record of success, including far-reaching experience in finance, strategic investments, mergers and acquisitions, and exploration and new ventures,” said Anadarko Chairman, President and CEO Al Walker. “We are grateful to have her exceptional strategic focus in the boardroom.”

Farley, 57, serves as vice chair of energy, advising KKR & Co. L.P.’s energy group, Anadarko said in a statement.

Anadarko Adds Deal Power to Board

Anadarko Petroleum Corporation (ticker: APC) announced the election of Claire S. Farley as an independent director of the company, effective Feb. 9, 2017. Photo: Anadarko

Prior to joining KKR in 2011, Farley was co-founder and co-CEO of RPM Energy LLC, a privately owned oil and natural gas exploration and development company, which partnered with KKR. Prior to founding RPM Energy, Ms. Farley was a senior advisor at Jefferies Randall & Dewey, a global oil and gas industry advisor, where she was co-president from 2005 to July 2008. Prior to that, Ms. Farley served as Chief Executive Officer of Randall & Dewey, an oil and gas asset transaction advisory firm, from September 2002 until February 2005, when Randall and Dewey became the Oil and Gas Investment Banking Group of Jefferies & Company.

Ms. Farley worked for Texaco from 1981 to 1999, where she served as president of worldwide exploration and new ventures, president of North American production and CEO, Hydro-Texaco, Inc. Ms. Farley also served as Chief Executive Officer of Intelligent Diagnostics Corporation from October 1999 to January 2001 and of Trade-Ranger Inc. from January 2001 to May 2002.

Ms. Farley serves as a director of LyondellBasell Industries N.V. and TechnipFMC plc. In addition to her public directorships, Ms. Farley also is a board member of Samson Resources, a private company, and the Houston advisory board of the Nature Conservancy. Ms. Farley holds a B.S. in geology from Emory University.

At year-end 2016, Anadarko had 1.72 billion barrels-equivalent of proved reserves. The company has operations in North America, South America, Africa and New Zealand.

Anadarko Adds Deal Power to Board

Source: Anadarko 2016 Q4 presentation

Anadarko Adds Deal Power to Board

Source: Anadarko Q4 2016 presentation

 


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