ConocoPhillips Appoints New Director
Ticker: COP · Form: 8-K · Filed: Sep 3, 2024 · CIK: 1163165
| Field | Detail |
|---|---|
| Company | Conocophillips (COP) |
| Form Type | 8-K |
| Filed Date | Sep 3, 2024 |
| Risk Level | low |
| Pages | 2 |
| Reading Time | 3 min |
| Sentiment | neutral |
Sentiment: neutral
Topics: board-appointment, governance
Related Tickers: COP
TL;DR
ConocoPhillips adds Ellen DeBoer to its board, effective Sept 3.
AI Summary
ConocoPhillips announced on September 3, 2024, the appointment of Ellen R. DeBoer as a new director to its Board of Directors. DeBoer, who has extensive experience in the energy sector, will serve on the Audit Committee and the Nominating and Corporate Governance Committee. Her appointment is effective immediately.
Why It Matters
The addition of a new director with relevant industry experience can signal strategic shifts or a focus on specific areas like audit and governance for the company.
Risk Assessment
Risk Level: low — The filing is a routine corporate announcement regarding board composition and does not involve significant financial or operational changes.
Key Players & Entities
- ConocoPhillips (company) — Registrant
- Ellen R. DeBoer (person) — Newly appointed director
- September 3, 2024 (date) — Effective date of appointment
FAQ
Who is Ellen R. DeBoer and what is her background?
Ellen R. DeBoer has extensive experience in the energy sector, though specific details of her background are not provided in this filing.
What committees will Ellen R. DeBoer serve on?
Ellen R. DeBoer will serve on the Audit Committee and the Nominating and Corporate Governance Committee.
When is Ellen R. DeBoer's appointment effective?
Her appointment is effective immediately as of September 3, 2024.
What is the significance of this appointment for ConocoPhillips?
The filing does not explicitly state the significance, but it is a standard announcement of a new board member.
Are there any financial implications mentioned with this appointment?
No financial implications or changes to compensation are mentioned in this filing related to the appointment of Ellen R. DeBoer.
Filing Stats: 711 words · 3 min read · ~2 pages · Grade level 10.8 · Accepted 2024-09-03 08:13:32
Filing Documents
- tm2423050d1_8k.htm (8-K) — 30KB
- tm2423050d1_ex99-1.htm (EX-99.1) — 15KB
- tm2423050d1_ex99-1img001.jpg (GRAPHIC) — 9KB
- 0001104659-24-096032.txt ( ) — 280KB
- cop-20240903.xsd (EX-101.SCH) — 3KB
- cop-20240903_def.xml (EX-101.DEF) — 26KB
- cop-20240903_lab.xml (EX-101.LAB) — 36KB
- cop-20240903_pre.xml (EX-101.PRE) — 25KB
- tm2423050d1_8k_htm.xml (XML) — 5KB
02 Departure of Directors or Certain
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. (d) Election of Directors On September 3, 2024, the Board of Directors (the "Board") of ConocoPhillips (the "Company") voted to increase the size of the Board from 11 members to 12 members and to elect Ms. Nelda J. Connors to the Board of the Company, to serve until her successor shall have been duly elected and qualified or until her earlier resignation or removal. The Board appointed Ms. Connors to serve as a member of the Audit and Finance Committee and the Public Policy and Sustainability Committee. Ms. Connors will receive compensation in accordance with policies and procedures previously approved by the Board for non-employee directors of the Company and as more fully described in the Company's Proxy Statement on Schedule 14A related to the 2024 Annual Meeting of Stockholders under the heading "Non-Employee Director Compensation" (and such description is incorporated herein by reference). There is no arrangement or understanding between Ms. Connors and any other person pursuant to which Ms. Connors was appointed as a director. Ms. Connors has no direct or indirect material interest in any transaction required to be disclosed pursuant to Item 404(a) of Regulation S-K.
01 Regulation FD Disclosure
Item 7.01 Regulation FD Disclosure On September 3, 2024, the Company issued a press release (the "Press Release") announcing the appointment of Ms. Connors to the Board. A copy of the Press Release is furnished as Exhibit 99.1 hereto and is incorporated by reference into this Item 7.01. The information in this Item 7.01 and Exhibit 99.1 hereto shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934 or otherwise subject to the liabilities of that section and shall not be deemed incorporated by reference in any filing made by the Company under the Securities Act of 1933 or the Securities Exchange Act of 1934, except as set forth by specific reference in such filing.
01 Financial Statements and Exhibits
Item 9.01 Financial Statements and Exhibits. (d) Exhibits Exhibit No. Description 99.1 Press Release, dated September 3, 2024 104 Cover Page Interactive Data File (formatted as Inline XBRL and filed herewith) 2
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. CONOCOPHILLIPS /s/ Kelly B. Rose Kelly B. Rose Senior Vice President, Legal, General Counsel and Corporate Secretary September 3, 2024 3