---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-26-094062"
form_type: "8-K"
ticker: "COP"
cik: "0001163165"
company_name: "CONOCOPHILLIPS"
filed_at: "2026-08-11T20:15:53+00:00"
generated_at: "2026-08-11T20:18:43.606899+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# ConocoPhillips announces CEO succession: O'Brien to become CEO, Lance to Executive Chair, Haynes-Welsh CFO

## Summary
- Ryan Lance retires as President/CEO, becomes Executive Chair effective Sept 1, 2026; Andy O'Brien named President/CEO and board member.
- Konnie Haynes-Welsh promoted to SVP and CFO; Greig Patterson becomes VP Finance and Controller, effective Sept 1, 2026.
- O'Brien compensation: base salary $1.7M, VCIP target 160% of base, LTI target $13.08M; Lance base reduced to $1.1M.
- Haynes-Welsh base salary $742,972, VCIP/RSU/PS targets 83%/110%/205% of base; additional PS units under PSP 24-26.
- Kirk Johnson gets $5M RSU vesting in 5 years; Nicholas Olds gets $3M RSU vesting in 3 years.

## SEC filing metadata
- accession: 0001104659-26-094062
- form_type: 8-K
- ticker: COP
- cik: 0001163165
- company_name: CONOCOPHILLIPS
- filed_at: 2026-08-11T20:15:53+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1163165/000110465926094062/0001104659-26-094062-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1163165/000110465926094062/tm2622739d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-26-094062
- JSON: https://secwatch.observer/filing/0001104659-26-094062.json
- Plain text: https://secwatch.observer/filing/0001104659-26-094062.txt

## Key facts
- Executive change
  Kontessa S. Haynes-Welsh was appointed as Senior Vice President and Chief Financial Officer at CONOCOPHILLIPS.
  - Action: become
  - Role: Senior Vice President and Chief Financial Officer
  source text: Kontessa S. Haynes-Welsh, currently Vice President, Finance and Controller, will become Senior Vice President and Chief Financial Officer
  evidence_url: https://www.sec.gov/Archives/edgar/data/1163165/000110465926094062/0001104659-26-094062-index.htm
- Executive change
  Greig Patterson was appointed as Vice President, Finance and Controller at CONOCOPHILLIPS.
  - Action: become
  - Role: Vice President, Finance and Controller
  source text: Greig Patterson, currently Vice President, Corporate Planning & Development, will become Vice President, Finance and Controller.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1163165/000110465926094062/0001104659-26-094062-index.htm
- Executive change
  Ryan M. Lance changed role as Executive Chair at CONOCOPHILLIPS.
  - Action: retire
  - Role: Executive Chair
  source text: At such time, the Company’s current Chairman, President and Chief Executive Officer, Ryan M. Lance, will retire as President and Chief Executive Officer and become Executive Chair of the Board.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1163165/000110465926094062/0001104659-26-094062-index.htm
- Executive change
  Andrew (Andy) M. O'Brien was elected as President and Chief Executive Officer at CONOCOPHILLIPS.
  - Action: elected
  - Role: President and Chief Executive Officer
  source text: On August 6, 2026, the Board of Directors (the “Board”) of ConocoPhillips (the “Company”) elected Andrew (Andy) M. O’Brien, the Company’s current Executive Vice President, Strategy, Commercial and Chief Financial Officer, as the Company’s President and Chief Executive Officer and member of the Board, effective September 1, 2026.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1163165/000110465926094062/0001104659-26-094062-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.