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Devon Energy's board of directors has elected Duane C. Radtke as its new vice-chairman.
Radtke has served as a member of the Devon board since 2010. He currently chairs the board's Compensation Committee and serves on the Reserves Committee. He has more than 45 years of experience in the energy industry.
About Radtke
Devon also announced that board chairman John Richels will not stand for re-election at the annual meeting in June 2019 and plans to retire from the board at that time. Richels served as Devon's president and CEO from 2010 until July 2015 and has served as chairman of the board since June 2016.
Since 2008, Radtke has served as president and CEO of Valiant Exploration LLC, a private, family-owned investment company. Previously, he was president and CEO of Dominion Exploration and Production, a subsidiary of Dominion Resources Inc., from 2001 to 2008, at the same time serving as executive vice president of Dominion subsidiary Consolidated Natural Gas Co.
Radtke holds a bachelor's degree in mining engineering from the University of Wisconsin. He also is a director of Kris Energy Ltd., serving on the compensation and governance committees. He previously served as chairman of the American Exploration and Production Council, a director of Smith International Inc. and a director of Consolidated Natural Gas Co.
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