Devon Energy has elected Jeff Ritenour, most recently Devon's senior vice president of corporate finance, investor relations and treasurer, to the position of executive vice president and chief financial officer, effective immediately.
Ritenour has been with Devon since 2001 and has served in his most recent role since 2016. In his 16 years with the company, he has served in numerous leadership positions and in various financial and commercial roles, including senior vice president of investor relations and vice president of acquisitions and divestitures. Before joining Devon, Ritenour was affiliated with the international accounting firm Ernst & Young in Dallas, Texas. He is a certified public accountant and holds a bachelor's degree in accounting and a master's degree in business administration, both from the University of Oklahoma.
In a related move, Devon's incumbent CFO, Tom Mitchell, is leaving the company to pursue other interests. His departure is not related to any issues regarding financial disclosures, accounting matters or business issues.
Category | 2023 | 2024Est. Initial | Updated 2024 Guidance | %Difference (2023 vs 2024) |
Total Capital Expenditure($mm) |
Production Daily Equivalent(boe/d) | ||||
Production Oil(bbls/d) |
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