– USA, CO – Civitas Resources, Inc. (NYSE: CIVI) today announced the appointments of Wouter van Kempen and Deborah Byers to its Board as Independent non-executive Chairman and Independent Director, respectively, effective February 22, 2023.
Mr. van Kempen will join the Compensation and Nominating and Corporate Governance Committees.
About Wouter van Kempen Deborah Byers
Mr. van Kempen has extensive experience across the energy industry, including oil and gas, renewables, power generation, and industrial equipment manufacturing. In his most recent role, Mr. van Kempen was the Chairman, President, and CEO of DCP Midstream, a Fortune 500 energy company, from January 2013 to December 2022. Previously, he was President and COO of DCP Midstream. Mr. van Kempen has held global, senior positions in finance, mergers and acquisitions, and P&L leadership roles at General Electric from 1993 to 2003 and Duke Energy from 2003 to 2010.
Mr. van Kempen said, “I have admired Civitas’ vision and leadership in helping reorientate the industry away from its traditional model focused on growing production at the expense of balance sheets to the disciplined returned-focused model which has become the standard for thriving companies today. I look forward to working with my fellow Board members, management, and our talented team to ensure Civitas meets its vast potential.”
He graduated from Erasmus University Rotterdam with a Master of Science in Business Economics.
About Deborah Byers
Ms. Byers will serve on Civitas’ Audit and ESG Committees. Following 36 years of service in Public Accounting, she retired in July 2022 as a Partner from Ernst & Young LLP (EY). From July 2018 to her retirement, she was the Americas Industry Leader overseeing the markets and growth strategy across EY’s primary industry segments. Ms. Byers was EY’s Houston Office Managing Partner and US Energy Leader from July 2013 to July 2018, and Managing Partner of the Southwest Region Strategy & Transactions business unit from July 2008 to July 2013. In these roles, she helped lead global energy markets and partnered with corporations and investment funds in all phases of energy investment across the sector. Ms. Byers holds a BBA from Baylor University and is a Certified Public Accountant.
About Civitas Resources, Inc.
Civitas Resources, Inc. is Colorado’s first carbon-neutral oil and gas producer focused on developing and producing crude oil, natural gas, and natural gas liquids in Colorado’s Denver-Julesburg Basin. The Company is committed to pursuing compelling economic returns and cash flow while delivering best-in-class cost leadership and capital efficiency. Civitas is dedicated to safety, environmental responsibility, and implementing industry-leading practices to create a positive local impact.
For more information: https://civitasresources.com/
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