ConocoPhillips Announces Election of Ms. Gay Huey Evans to Its Board of Directors
HOUSTON--(BUSINESS WIRE)-- The board of directors of ConocoPhillips (NYS: COP) has elected Ms. Gay Huey Evans as a new outside director. The election of Ms. Huey Evans increases the total number of ConocoPhillips directors to 11, of which 10 are outside directors. She will serve on the Audit and Finance Committee of the ConocoPhillips board.
Ms. Huey Evans, 58, was formerly vice chairman of the board and non-executive chairman, Europe, of the International Swaps and Derivatives Association, Inc. from 2011 to 2012. She was former vice chairman, Investment Banking and Investment Management at Barclays Capital from 2008 to 2010. She was previously head of governance of Citi Alternative Investments (EMEA) from 2007 to 2008 and president of Tribeca Global Management (Europe) Ltd. from 2005 to 2007, both part of Citigroup. From 1998 to 2005, she was director of the markets division and head of the capital markets sector at the U.K. Financial Services Authority. She previously held various senior management positions with Bankers Trust Company in New York and London.
In making the announcement, ConocoPhillips Chairman and CEO Ryan Lance said, "Gay brings in-depth knowledge of, and insight into, global capital markets from her extensive experience in the financial services industry. Her election to the board adds significant expertise on these matters to our organization and will provide a unique and valuable perspective to the running of our business."
Ms. Huey Evans is a member of the management board and of the panel of finance experts of the Panel of Recognised International Market Experts in Finance (PRIME Finance), which is a dispute settlement body for the global financial markets. She is a member of the Council on Foreign Relations, an independent, non-partisan, membership organization, think tank and publisher, as well as a member of Forum U.K., a network for women with outstanding achievements.
Ms. Huey Evans currently serves as a non-executive director of Aviva plc., The London Stock Exchange Group plc., Itau BBA International Limited, Clariden Leu (Europe) Ltd. and The Financial Reporting Council. She is also a trustee of The Wigmore Hall Trust charitable organization.
Ms. Huey Evans holds a bachelor's degree in economics from Bucknell University.
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ConocoPhillips is the world's largest independent E&P company based on production and proved reserves. Headquartered in Houston, Texas, ConocoPhillips had operations and activities in 30 countries, $58 billion in annual revenue, $117 billion of total assets and approximately 16,900 employees as of Dec. 31, 2012. Production from continuing operations averaged 1,527 MBOED in 2012, and proved reserves were 8.6 billion BOE as of Dec. 31, 2012. For more information, go to www.conocophillips.com.
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