Organizational Changes at ConocoPhillips

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Organizational Changes at ConocoPhillips

HOUSTON -- As ConocoPhillips Inc. continues to mull offers for its Circle K retailing unit, the Houston-based refiner/marketer Friday announced a downstream reorganization in its U.S. refining business that will help the company focus on its core refining operations. The changes place the oil company's refining operations under the leadership of a Central/West Coast president and an East/Gulf Coast president. The operational general manager roles in U.S. refining will be eliminated, "resulting in the removal of that layer of management," the company said.

The management changes include:
* Larry Ziemba, currently general manager of refinery services for U.S. Refining, will become president of Central/West Coast Refining.
* Bob Hassler, currently general manager of northern Europe for International Downstream, will become president of East/Gulf Coast Refining.
* Tom Nimbley, president of U.S. Refining, has elected to retire at year-end, following 30 years of service.

The following changes will take place in ConocoPhillips' strategy and business development and specialty businesses organizations, effective Oct. 1:

ConocoPhillips' Specialty Businesses will be consolidated with the Strategy, Optimization and Business Development group to become Strategy, Integration and Specialty Businesses.
* Willie Chiang, currently general manager of western U.S. Refining and Rodeo refinery manager, will become president of Strategy, Integration and Specialty Businesses.
* Carin Knickel, currently president of Specialty Businesses, will become vice president of Human Resources for ConocoPhillips, reporting to Jim Mulva, president and CEO of ConocoPhillips.
* Richard Severance, senior vice president of Strategy, Optimization and Business Development, has elected to retire at year-end following 33 years of service.

As part of ConocoPhillips' previously announced plan to sell a substantial portion of its marketing assets and exit certain geographic markets, the company's wholesale and retail marketing functions will be consolidated.
* Mark Harper, currently president of Wholesale Marketing, will assume responsibility for the retail stores that are retained by ConocoPhillips and become president of U.S. Marketing, with responsibility for wholesale and retail marketing.
* Dave Holthe, president of Retail Marketing, will continue to lead the ConocoPhillips retail organization associated with the disposition currently under way and will leave ConocoPhillips at the close of the final transaction.

Other downstream leadership positions remain unchanged:
* Steve Barham, president, Transportation
* Greg Goff, president, Europe and Asia Pacific
* Jim Keller, general manager, Downstream Human Resources
* George Paczkowski, vice president, Downstream Technology
* Gary Russell, general manager, Downstream Finance and Performance Analysis