EL DORADO, Ark.--(BUSINESS WIRE)--Aug. 7, 2013--
Murphy Oil Corporation (NYSE:MUR) (“Murphy”) announced today that the
Board of Directors, consistent with the previous announcement on May 6,
2013, has named Roger Jenkins to the position of President and Chief
Executive Officer, effective August 30, 2013. Jenkins will succeed
Steven A. Cossé who is stepping down effective the same date. Mr.
Jenkins has also been elected to the Board of Directors and the
Executive Committee effective August 30, 2013. Mr. Cossé will remain a
member of both the Board of Directors and the Executive Committee.
Murphy also announced the election of T. Jay Collins to Murphy’s Board
of Directors effective August 7, 2013.
Mr. Collins currently serves as a director on the board of Oceaneering
International, Inc. (“Oceaneering”), a global oilfield provider of
engineered services and products primarily to the offshore oil and gas
industry, where he retired as President and Chief Executive Officer in
May 2011. He joined Oceaneering in October 1993, initially serving as
Senior Vice President and Chief Financial Officer. In May 1995, he was
appointed Executive Vice President of Oilfield Marine Services; in
November 1998, he was appointed President and Chief Operating Officer;
in March 2002, he was elected to the Board of Directors; and in May 2006
was appointed Chief Executive Officer.
Mr. Collins received his MBA from Harvard Graduate School of Business in
1972 and both his Bachelor of Arts degree and Masters of Engineering
degree in Chemical Engineering from Rice University in 1969. Mr. Collins
continues his affiliation with Rice University as a member of the RiceBoard of Trustees and as Chairman of the Council of Overseers of the
Jones Graduate School of Business Administration.
Mr. Collins is a former chairman of the board of directors for National
Ocean Industries Association. In addition to Oceaneering, he currently
serves on the boards of the Nautronix Group Limited, Pason Systems Inc.,
the Texas Institute of Science, Inc., and the American Productivity &
Quality Center. He is also a member of the National Petroleum Council.
Claiborne Deming, Chairman of the Board of Directors of Murphy, said,
“We owe a debt of gratitude to Steve for his leadership over the last
year as we transitioned both our upstream and downstream businesses. The
Board looks forward to working with Roger as he leads us into a new
phase as an independent exploration and production company.” Deming
added, “I am pleased to add Jay to our Board with his depth of
professional experience and look forward to his contributions to our
Source: Murphy Oil Corporation
Murphy Oil Corporation
Barry Jeffery, 870-864-6501