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Coterra Names Jordan CEO; Dinges Takes Chairman Role

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   |    Wednesday,November 02,2022

Coterra Energy Inc. reported that the Company's Board of Directors appointed Thomas E. Jorden, its President and Chief Executive Officer, as Chairman of the Board effective January 1, 2023, succeeding Dan O. Dinges, as Executive Chairman upon the expiration of his term on December 31, 2022 in accordance with the merger agreement between the Company and Cimarex Energy Co.

Mr. Dinges will remain as Chair of the Executive Committee. The Board also appointed Robert Boswell to succeed Lisa Stewart as Lead Independent Director effective January 1, 2023.

About Dinges

Mr. Dinges served as Chairman, Chief Executive Officer and President from May 2002 until the completion of the merger with Cimarex on October 1, 2021, bringing decades of executive management experience in the oil and gas exploration and production business and a deep knowledge of operations. He also oversaw an era of tremendous growth for the Company. Mr. Dinges joined the Company in September 2001 as Chief Operating Officer and President after a successful 20-year career in various management positions with the predecessor to Noble Energy, Inc.

About Jordan

Mr. Jorden was appointed as Chief Executive Officer in October 2021 in connection with the consummation of the merger with Cimarex. At Cimarex, he began serving as Executive Vice President of Exploration when the company was formed in 2002. In 2011, he became Chief Executive Officer and President of Cimarex and then Chairman of the Board in 2012. Prior to the formation of Cimarex, Mr. Jorden held multiple leadership roles at Key Production Company, Inc., Cimarex's predecessor. He joined Key in 1993 as Chief Geophysicist and went on to become Executive Vice President of Exploration.

About Boswell

Mr. Boswell has served as a director of Coterra since 2015 and currently serves on the Executive, Audit, and Environment, Health & Safety Committees of the Board. He currently serves as the Chairman of the Board and Chief Executive Officer of Laramie Energy LLC, an exploration and production company operating in the Piceance Basin of Colorado.

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