ConocoPhillips Announces CEO Succession and CFO Appointment

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ConocoPhillips has appointed Andy O’Brien as president and chief executive officer (CEO), succeeding Ryan Lance, who will retire from the role and assume the position of executive chair of the board in a transitional capacity.

The company also named Konnie Haynes-Welsh as senior vice president and chief financial officer (CFO). The appointments will take effect on September 1, 2026.

O’Brien, currently CFO and executive vice president, Strategy and Commercial, will also join ConocoPhillips’ board of directors.

“On behalf of the board, I want to thank Ryan for 14 years of exceptional leadership and more than 40 years of dedicated service to the company. He set the course for the newly formed independent ConocoPhillips in 2012, and during his tenure, the company became a recognized leader within the sector as a global upstream company.

“The strength of the company today and its compelling outlook for the future is a direct result of Ryan’s vision and leadership. We are also pleased to appoint Andy as president and CEO. He is the right person to lead our company into its next phase. He brings a deep knowledge of our business, a strong track record of execution and has played a key role in making