---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-22-245999"
form_type: "8-K"
ticker: "DVN"
cik: "0001090012"
company_name: "DEVON ENERGY CORP/DE"
filed_at: "2022-09-16T23:59:59+00:00"
generated_at: "2026-06-23T09:00:10.880634+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# David A. Hager to retire as Executive Chair of Devon Energy; Barbara M. Baumann to succeed

## Summary
- David A. Hager notified retirement from Board and as Executive Chair, effective Jan 7, 2023.
- Retirement not due to any disagreement with the Company; Hager will remain as advisor into Q1 2023.
- Board intends to appoint Barbara M. Baumann as Board Chair effective upon Hager's retirement.

## SEC filing metadata
- accession: 0001193125-22-245999
- form_type: 8-K
- ticker: DVN
- cik: 0001090012
- company_name: DEVON ENERGY CORP/DE
- filed_at: 2022-09-16T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 5.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1090012/000119312522245999/0001193125-22-245999-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1090012/000119312522245999/d381033d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-22-245999
- JSON: https://secwatch.observer/filing/0001193125-22-245999.json
- Plain text: https://secwatch.observer/filing/0001193125-22-245999.txt

## Key facts
- Executive change
  Barbara M. Baumann was appointed as Board Chair at DEVON ENERGY CORP/DE.
  - Action: appointed
  - Role: Board Chair
  source text: The Board has also announced its intention to appoint Barbara M. Baumann as its Board Chair effective upon Mr. Hager’s retirement from the Board.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1090012/000119312522245999/0001193125-22-245999-index.htm
- Executive change
  David A. Hager retired as Executive Chair of the Board at DEVON ENERGY CORP/DE.
  - Action: retired
  - Role: Executive Chair of the Board
  source text: David A. Hager notified the Company that he has decided to retire from the Board of Directors of the Company (the “Board”), including his position as Executive Chair of the Board, effective as of January 7, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1090012/000119312522245999/0001193125-22-245999-index.htm

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