Fuels

ConocoPhillips Board Elects New Director

Company also announces senior leadership appointments; issues statement
HOUSTON -- The board of directors of ConocoPhillips has elected Robert A. Niblock as a new outside director. ConocoPhillips also announced two senior leadership changes. Robert Herman, currently president of Europe Refining, Marketing & Transportation, will become vice president of Health, Safety & Environment. He replaces Bob Ridge, who has elected to retire after more than 31 years of service. Larry Ziemba, currently president of U.S. Refining, will become president of Global Refining. In this expanded role, he will assume responsibility for all of ConocoPhillips' worldwide [image-nocss] refining operations.The election of Niblock increases the total number of ConocoPhillips directors to 14, of which 13 are outside directors. Herman will report to John Carrig, president and COO. Both Herman and Ziemba will join the ConocoPhillips Management Committee. Ziemba will continue reporting to Willie Chiang, senior vice president of RM&T.Niblock, 47, is chairman and CEO of Lowe's Cos. Inc., the second-largest home improvement retailer in the world. Elected chairman and CEO in 2005, he also served as Lowe's president from 2003 to 2006, and joined the board of directors when he was named chairman and CEO-elect in 2004.

Niblock is immediate past chairman and a member of the board of directors of the Retail Industry Leaders Association, after having served as chairman in 2008 and 2009. He has been a member of the organization since 2003 and served as vice chairman in 2006 and 2007.

And in upstream ConocoPhillips news, ConocoPhillips chairman and CEO Jim Mulva issued the following statement: "The entire ConocoPhillips family is deeply saddened and will greatly miss ConocoPhillips Alaska President Jim Bowles, who has served our company with distinction. Jim died and fellow employee Alan Gage is missing following an avalanche while snow machining on Feb.13 on Alaska's Kenai Peninsula.

"Jim Bowles has led our Alaska organization and its some 900 employees since late 2004 and presided over a number of developments that ensured our company's place and standing in Alaska and will serve as a legacy to his leadership as we go forward.

"Alan Gage is a respected member of our capital projects organization and has been a ConocoPhillips employee since 2006. We are hopeful the search for him can resume soon.

"On behalf of everyone at ConocoPhillips, including those who had the privilege to know and work with these two gentlemen and those who did not, I want to extend our sincere condolences to the Bowles family and our heartfelt best wishes to the Gage family and make sure they know the high regard in which we hold Jim and Alan, both as co-workers and as friends."

J. L. (Jim) Bowles, is president of ConocoPhillips Alaska. Jim began his career with Phillips Petroleum Co. in 1974 and served in a number of positions in Oklahoma, Texas, Montana and Norway. In 1997, he was appointed president of Phillips' Americas division, and in October of 2004, Jim assumed his current position of president of ConocoPhillips Alaska.

ConocoPhillips is an integrated energy company with interests around the world. Headquartered in Houston, the company had approximately 30,000 employees, $153 billion of assets and $149 billion of revenues as of Dec. 31, 2009.

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