People | People-Resignation | People-Promotion | People-Retirement

Murphy Oil Announces Departure of Two Execs

Email    |    Print    |    Bookmark

You Need to login first

   |    Tuesday,May 26,2020

Murphy Oil Corp. announced that Walter K. Compton, Executive Vice President and General Counsel, will retire from the company effective June 1, 2020.

The company also announced that Michael K. "Mike" McFadyen, Executive Vice President, Offshore, has decided to leave the company effective June 1, 2020. 

The current Vice President, Law and Corporate Secretary, E. Ted Botner, will be assuming Mr. Compton's responsibilities in addition to maintaining his current duties under the new title Senior Vice President, General Counsel and Corporate Secretary. Mr. Botner will now be reporting to Roger W. Jenkins, President and Chief Executive Officer.

Eric M. Hambly, currently Executive Vice President, Onshore, will be assuming Mr. McFadyen's responsibilities under the new title Executive Vice President, Operations and will continue to report to Jenkins.

About Botner

Mr. Botner joined Murphy's Law Department in 2001 as an Attorney. Over his 19-year career with the company, he has held several positions with increasing responsibilities in the US and Malaysia, including Commercial Manager for Murphy Sarawak and General Manager, Malaysia, culminating in his current position of Vice President, Law and Secretary. Mr. Botner earned bachelor's degrees in arts and business administration from the University of Texas, a Master of Business Administration from Southern Methodist University and a law degree from the University of Arkansas.

About Hambly

Over his 14-year career with the company, Mr. Hambly has earned roles with increasing responsibilities, primarily focusing on the company's Malaysia assets, and later to onshore operations in the US and Canada. Mr. Hambly earned bachelor's and master's degrees in Chemical Engineering from Brigham Young University and has completed the General Management Program at Harvard Business School.

2024 Development Plan

Category	2023	2024 Est. Initial	Updated 2024 Guidance	%Difference (2023 vs 2024)
Total Capital Expenditure($mm)

Production Daily Equivalent(boe/d)
Production Oil(bbls/d)

 Click here for More Planned 2024 Activity