APA Corporation Announces Executive Leadership and Corporate Officer Updates; Executive Vice President, Operations Clay Bretches to Retire, Kimberly Warnica joins Company as Executive Vice President and Chief Legal Officer
APA (Nasdaq: APA) announced significant leadership changes and organizational restructuring. Clay Bretches, executive vice president of Operations, will retire on July 1, 2025, with the company conducting both internal and external searches for his replacement. The transition is expected to be completed in the first half of 2025.
Kimberly Warnica has been appointed as executive vice president and chief legal officer, effective January 13, 2025. Warnica joins from Marathon Oil , where she served as executive vice president, general counsel and secretary. She previously held leadership positions at Alta Mesa Resources, Inc. and Freeport-McMoRan Oil & Gas Company.
As part of its organizational restructuring, APA is streamlining its leadership structure, reducing officer-level positions by over 30% from 29 to 19 through planned retirements, departures, and role changes.
APA (Nasdaq: APA) ha annunciato cambiamenti significativi nella leadership e una ristrutturazione organizzativa. Clay Bretches, vicepresidente esecutivo delle Operazioni, andrà in pensione il 1° luglio 2025, mentre l'azienda condurrà ricerche interne ed esterne per il suo successore. La transizione dovrebbe essere completata nella prima metà del 2025.
Kimberly Warnica è stata nominata vicepresidente esecutivo e chief legal officer, con effetto dal 13 gennaio 2025. Warnica proviene da Marathon Oil, dove ha ricoperto il ruolo di vicepresidente esecutivo, consulente legale e segretario. Ha precedentemente ricoperto ruoli di leadership presso Alta Mesa Resources, Inc. e Freeport-McMoRan Oil & Gas Company.
Come parte della sua ristrutturazione organizzativa, APA sta semplificando la propria struttura di leadership, riducendo le posizioni a livello dirigenziale di oltre 30%, passando da 29 a 19 attraverso pensionamenti programmati, dimissioni e cambiamenti di ruolo.
APA (Nasdaq: APA) anunció cambios significativos en el liderazgo y una reestructuración organizativa. Clay Bretches, vicepresidente ejecutivo de Operaciones, se jubilará el 1 de julio de 2025, mientras la empresa llevará a cabo búsquedas internas y externas para su reemplazo. Se espera que la transición se complete en la primera mitad de 2025.
Kimberly Warnica ha sido nombrada vicepresidenta ejecutiva y directora legal, con efecto a partir del 13 de enero de 2025. Warnica proviene de Marathon Oil, donde se desempeñó como vicepresidente ejecutivo, consejera general y secretaria. Anteriormente, ocupó cargos de liderazgo en Alta Mesa Resources, Inc. y Freeport-McMoRan Oil & Gas Company.
Como parte de su reestructuración organizativa, APA está simplificando su estructura de liderazgo, reduciendo las posiciones a nivel de oficiales en más de 30%, pasando de 29 a 19 a través de jubilaciones programadas, salidas y cambios de rol.
APA (Nasdaq: APA)는 주요 리더십 변화와 조직 개편을 발표했습니다. Clay Bretches, 운영 부사장은 2025년 7월 1일에 은퇴하며, 회사는 그의 대체자를 내부 및 외부에서 모두 찾을 예정입니다. 전환은 2025년 상반기까지 완료될 것으로 예상됩니다.
Kimberly Warnica는 2025년 1월 13일부터 부사장 겸 법무 최고 책임자로 임명되었습니다. Warnica는 Marathon Oil에서 부사장, 총괄 법무 및 비서로 근무한 경력이 있습니다. 그녀는 Alta Mesa Resources, Inc.와 Freeport-McMoRan Oil & Gas Company에서 리더십 직책을 역임한 바 있습니다.
조직 개편의 일환으로, APA는 리더십 구조를 간소화하고 있으며, 은퇴, 퇴사 및 역할 변경을 통해 임원 수준의 직위를 29개에서 30% 이상 줄여 19개로 조정하고 있습니다.
APA (Nasdaq: APA) a annoncé des changements significatifs dans sa direction et une réorganisation de son organisation. Clay Bretches, vice-président exécutif des opérations, prendra sa retraite le 1er juillet 2025, et l'entreprise effectuera des recherches internes et externes pour le remplacer. La transition devrait être achevée au cours du premier semestre 2025.
Kimberly Warnica a été nommée vice-présidente exécutive et directrice juridique, à compter du 13 janvier 2025. Warnica rejoint Marathon Oil, où elle était vice-présidente exécutive, conseillère générale et secrétaire. Elle a précédemment occupé des postes de direction chez Alta Mesa Resources, Inc. et Freeport-McMoRan Oil & Gas Company.
Dans le cadre de sa réorganisation, APA simplifie sa structure de direction, réduisant les postes de niveau dirigeant de plus de 30%, passant de 29 à 19 postes, grâce à des départs à la retraite planifiés, des départs et des changements de rôle.
APA (Nasdaq: APA) gab bedeutende Veränderungen in der Führung und eine organisatorische Umstrukturierung bekannt. Clay Bretches, Executive Vice President für Operations, wird am 1. Juli 2025 in den Ruhestand gehen, während das Unternehmen sowohl interne als auch externe Nachforschungen für seine Nachfolge anstellt. Der Übergang wird voraussichtlich in der ersten Hälfte des Jahres 2025 abgeschlossen sein.
Kimberly Warnica wurde mit Wirkung zum 13. Januar 2025 zur Executive Vice President und Chief Legal Officer ernannt. Warnica kommt von Marathon Oil, wo sie als Executive Vice President, General Counsel und Secretary tätig war. Zuvor hatte sie Führungspositionen bei Alta Mesa Resources, Inc. und Freeport-McMoRan Oil & Gas Company inne.
Im Rahmen der organisatorischen Umstrukturierung vereinfacht APA seine Führungsstruktur und verringert die Anzahl der Führungskräfte um über 30% von 29 auf 19 durch geplante Pensionierungen, Abgänge und Rollenwechsel.
- Reduction of officer-level positions by 30% indicates potential cost savings and improved operational efficiency
- Structured transition plan in place for EVP Operations role ensures operational continuity
- Addition of experienced legal executive strengthens leadership team
- Loss of experienced operations executive could impact operational continuity
- Significant leadership restructuring may cause temporary organizational disruption
Insights
The announced leadership restructuring at APA represents a significant organizational shift, reducing officer-level positions by
The streamlining of leadership structure aligns with industry trends toward leaner management models in response to market pressures in the energy sector. This restructuring could result in annual cost savings in executive compensation and improved decision-making efficiency. However, the immediate impact on operations and strategy execution will depend on the quality of the new EVP Operations appointment and successful integration of the restructured leadership team.
HOUSTON, Jan. 06, 2025 (GLOBE NEWSWIRE) -- APA Corporation (Nasdaq: APA) today announced key updates to its executive leadership and corporate officers.
Clay Bretches, executive vice president, Operations, has announced plans to retire July 1, 2025. As part of its commitment to maintaining excellence in operations, the company has launched an internal and external search for a new leader to drive continued innovation and operational efficiency. Bretches will remain with the organization and help ensure a smooth transition to a new leader, anticipated in the first half of 2025.
“On behalf of the APA team, I want to thank Clay for his many contributions and leadership,” said John J. Christmann, IV, CEO of APA Corporation. “I appreciate his willingness to help ensure a smooth transition, and we wish him all the best in his upcoming retirement.”
In addition, the company has named Kimberly Warnica to the position of executive vice president and chief legal officer, effective Jan. 13, 2025.
“We are excited to welcome Kim to the company. Her extensive experience will be a great complement to our legal team and the broader APA leadership team,” Christmann said.
Warnica joins APA following her most recent role as executive vice president, general counsel and secretary of Marathon Oil Corporation. From 2018 to 2021, she was executive vice president, general counsel, chief compliance officer and secretary of Alta Mesa Resources, Inc. Previously, she held leadership positions with Marathon Oil and Freeport-McMoRan Oil & Gas Company, formerly Plains Exploration & Production Company. She began her career at Andrews Kurth LLP (now known as Hunton Andrews Kurth LLP). Warnica received a Bachelor of Science from Texas A&M and earned her J.D. from the University Texas School of Law.
These changes coincide with additional updates the company is making to its organizational structure to streamline its leadership and support the company’s long-term objectives. The changes reduce officer-level positions by over
About APA
APA Corporation owns consolidated subsidiaries that explore for and produce oil and natural gas in the United States, Egypt and the United Kingdom and that explore for oil and natural gas offshore Suriname and elsewhere. APA posts announcements, operational updates, investor information and press releases on its website, www.apacorp.com.
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