WPX Energy has reported that Karl F. Kurz has been elected to the company’s board of directors.
This increases the size of WPX’s board to 12.
Kurz is a former chief operating officer for Anadarko and also held management positions at Vastar Resources and ARCO Oil and Gas. Most recently, he was the managing director and co-head of the energy group and a member of the investment committee at CCMP Capital Advisors LLC.
William G. Lowrie, WPX chairman of the board, commented: "Karl’s background in exploration, production, reservoir engineering and marketing complements the depth of energy and financial experience we have on our board.
"He joins WPX at a strategic time as we work to grow this company in an enterprising way that capitalizes on the great positions we have in natural gas, crude oil and natural gas liquids."
In addition to the WPX board, Kurz also serves as a director for SemGroup Corporation and Global Geophysical Services Inc. He previously served as a board member of the American Petroleum Institute, the Independent Petroleum Association of America, the Natural Gas Supply Association and Western Gas Partners LP.
He has a bachelors of science degree in petroleum engineering from Texas A&M University and is a graduate of Harvard Business School’s Advanced Management Program.
Kurz will serve on WPX’s nominating and governance committee along with Kimberly S. Bowers, Don J. Gunther and George A. Lorch. Eleven of WPX’s board members are independent. The sole inside director is James J. Bender, WPX president and chief executive officer.
