El Dorado, Ar., USA - Murphy Oil Corporation announced ten directors who are expected to serve on the board for Murphy USA Inc., after completion of a spin off later this year.
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Murphy USA Inc., currently a subsidiary of Murphy Oil Corporation, will become a stand-alone company focused primarily on the marketing of retail fuel and convenience merchandise.
R. Madison Murphy will serve as Chairman of the Board of Murphy USA Inc.
He has been a director of Murphy Oil Corporation (Murphy Oil) since 1993 and serves on its Executive Committee and as Chair of the Audit Committee. He was Chairman of the Board of Directors of Murphy Oil from 1994 to 2004 and Chief Financial Officer of Murphy Oil from 1992 to 1994. Mr. Murphy has served on the Board of Directors of Deltic Timber Corporation since
December 17, 1996.
R. Andrew Clyde will serve as President and Chief Executive Officer of Murphy USA Inc.
Mr. Clyde served Booz & Company (and prior to August 2008, Booz Allen Hamilton) in its global energy practice. He joined the firm in 1993, was elected partner in 2000 and held leadership roles as North American Energy Practice Leader and Dallas office Managing Partner and serving on the firm’s Board Nominating Committee. He worked with downstream petroleum and retail clients on engagements focused on corporate and business unit strategy, organization design and effectiveness and performance improvement.
Claiborne P. Deming has served as Chairman of the Board of Murphy Oil Corporation
(Murphy Oil) since March 2012, and is also Chairman of its Executive Committee. He served
as President and Chief Executive Officer of Murphy Oil from October 1, 1994 to December 31,
2008. Prior to assuming that position, he served as Executive Vice President and Chief
Operating Officer and had served previously as President of Murphy Oil USA, Inc.
Thomas M. Gattle, Jr. has served as Chairman of the Board, President and Chief Executive
Officer of Terral RiverService, Inc. since 1992.
Robert A. Hermes has been a director of Murphy Oil Corporation since 1999 and serves as a
member of the Executive Committee, Nominating & Governance Committee and Environmental,
Health & Safety Committee. He was Chairman of the Board of Purvin & Gertz, Inc., an
international energy consulting firm before his retirement in 2005.
Fred Holliger was Chairman and CEO of Giant Industries, a NYSE petroleum refining and retail
convenience store company from 2005 until 2007 when it was merged with Western Refining
Company. Mr. Holliger was President and Chief Operating Officer of Giant Industries for the
previous 16 years. He is a former director of the National Petroleum Refinery Association and
the New Mexico Oil and Gas Association.
The Reverend Dr. Christoph Keller, III has been a director of Deltic Timber Corporation since
December 17, 1996 and is a member of the Executive Compensation Committee and Chair of
the Nominating and Corporate Governance Committee of Deltic Timber Corporation.
James W. Keyes is currently Chairman and Chief Executive Officer of Wild Oats LLC. He was
Chief Executive Officer of 7-Eleven Inc. from 2000 to 2005 and held a variety of other positions prior to that in his twenty-one year career, including Chief Financial Officer and Chief Operating Officer. Mr. Keyes was Chairman and Chief Executive Officer of Blockbuster from 2007 to 2011.
Diane N. Landen is owner and President of Vantage Communications, Inc. where she has over
20 years of experience in investment management, communications, and broadcast property
ownership. She also serves as Vice Chairman and Executive Vice President of Noalmark
Broadcasting Corporation, which is a radio and media company which owns and operates radio
stations in multiple markets in Arkansas and New Mexico. ■