Devon Energy Announces Board and Officer Changes
Ticker: DVN · Form: 8-K · Filed: Mar 5, 2025 · CIK: 1090012
Sentiment: neutral
Topics: corporate-governance, management-change
Related Tickers: DVN
TL;DR
Devon Energy (DVN) board shake-up: new directors elected, some officers out.
AI Summary
Devon Energy Corp/DE announced on March 4, 2025, changes related to its board of directors and officers. This includes the departure of certain officers and directors, the election of new directors, and adjustments to compensatory arrangements for its officers. The filing details these corporate governance updates.
Why It Matters
Changes in board composition and officer appointments can signal shifts in company strategy, leadership, and future direction.
Risk Assessment
Risk Level: low — This filing primarily concerns routine corporate governance changes and does not indicate significant financial distress or operational disruption.
Key Players & Entities
- Devon Energy Corp/DE (company) — Registrant
- March 4, 2025 (date) — Date of earliest event reported
- March 5, 2025 (date) — Filing Date
- Oklahoma City, OK (location) — Principal executive offices
FAQ
What specific roles have been affected by the departure of officers or election of directors?
The filing indicates "Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers" but does not specify the exact roles affected in this summary.
When was the earliest event reported in this 8-K filing?
The earliest event reported was on March 4, 2025.
What is Devon Energy's principal executive office address?
The principal executive offices are located at 333 W. Sheridan Ave., Oklahoma City, OK 73102-5015.
What is Devon Energy's IRS Employer Identification Number?
Devon Energy's IRS Employer Identification Number is 73-1567067.
What is the SIC code for Devon Energy?
The Standard Industrial Classification (SIC) code for Devon Energy is 1311, which corresponds to Crude Petroleum & Natural Gas.
Filing Details
This Form 8-K (Form 8-K) was filed with the SEC on March 5, 2025 regarding DEVON ENERGY CORP/DE (DVN).