ConocoPhillips names Andy O'Brien as chief executive
ConocoPhillips announced that finance chief Andy O'Brien will become its new chief executive and join the board, succeeding Ryan Lance, who will retire and become executive chair. Konnie Haynes-Welsh will replace O'Brien as chief financial officer. The transitions are scheduled for Sept. 1. O'Brien joined ConocoPhillips in 1997, joined the executive leadership team in 2022 and became finance chief in June last year. Lance is retiring after 14 years as CEO and more than four decades with the company. The company has not yet disclosed compensation plans for the incoming executives, though filings show 2025 pay for Lance and O'Brien.
Andy O'Brien will become CEO of ConocoPhillips on Sept. 1, 2026
Context
The company announced an internal promotion and a planned retirement. The change follows Ryan Lance's decision to step down after a long tenure. The company may later disclose compensation details for the new executives.
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