WPX Names New CEO 5 Months After Investor Rebellion

Last December MDN told you about the sudden departure of Ralph Hill as CEO of WPX Energy. James Bender, a VP with WPX was installed as interim CEO (see WPX Energy CEO Ralph Hill is Out, Interim CEO James Bender is In). The reason was then revealed: meddling by a big investor (see CEO Shake-up Explained: Taconic Capital Jerking WPX’s Chain).

Some five months later and apparently Taconic has found it’s new CEO to take over. He is Richard E. (Rick) Muncrief, former senior VP of operations and resource development at Continental Resources. The announcement from last Thursday…

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