Devon Energy appoints two SVP roles, eliminates EVP Corp Dev position

DEVON ENERGY CORP/DE

John D. Raines named SVP, E&P Asset Management effective Feb 8, 2025; previously VP Delaware Basin.
Thomas J. Hellman named SVP, E&P Operations effective Jan 20, 2025; previously at Marathon Oil.
David G. Harris to depart as EVP/Chief Corp Dev Officer on Feb 10, 2025; position eliminated.
Both new SVPs receive $475k base salary, 75% bonus target, $1.5M equity target.
Harris eligible for severance: 3x base salary plus bonus, accelerated vesting.

item 5.02

Executive movements

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Appointed

Thomas J. Hellman

Senior Vice President, E&P Operations

DVN · DEVON ENERGY CORP/DE

Effective: 2025-01-20
Filed: January 13, 2025, 6:59 PM ET

and (ii) Thomas J. Hellman as Senior Vice President, E&P Operations, effective as of January 20, 2025

Appointed

John D. Raines

Senior Vice President, E&P Asset Management

DVN · DEVON ENERGY CORP/DE

Effective: 2025-02-08
Filed: January 13, 2025, 6:59 PM ET

On January 10, 2025, the Board of Directors (the “Board”) of Devon Energy Corporation (the “Company” or “Devon”) appointed (i) John D. Raines as Senior Vice President, E&P Asset Management, effective as of February 8, 2025

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 1.0

Thomas J. Hellman was appointed as Senior Vice President, E&P Operations at DEVON ENERGY CORP/DE.

Action: appointed
Role: Senior Vice President, E&P Operations

Exact text from the filing

and (ii) Thomas J. Hellman as Senior Vice President, E&P Operations, effective as of January 20, 2025

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 1.0

John D. Raines was appointed as Senior Vice President, E&P Asset Management at DEVON ENERGY CORP/DE.

Action: appointed
Role: Senior Vice President, E&P Asset Management

Exact text from the filing

On January 10, 2025, the Board of Directors (the “Board”) of Devon Energy Corporation (the “Company” or “Devon”) appointed (i) John D. Raines as Senior Vice President, E&P Asset Management, effective as of February 8, 2025

View on SEC.gov

DEVON ENERGY CORP/DE filing history →

Source: SEC EDGAR

accession 0001193125-25-004949

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