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February 2006

Vol. 11, No. 8 Week of February 19, 2006

ConocoPhillips announces changes in senior management positions

ConocoPhillips said Feb. 13 its board has approved a number of management changes.

Jim Nokes, executive vice president, Marketing, Supply & Transportation, will retire after 36 years with the company, effective April 30. He joined Conoco in 1970 and has been in his present position since 1999.

Jim Gallogly, currently president and chief executive officer of Chevron Phillips Chemical Company LLC, will become executive vice president, Refining, Marketing & Transportation. Gallogly joined Phillips Petroleum Co. in 1980; he was named vice president of North America production in 1999, and was named to his current position in 2000.

Also effective April 1, John Lowe, currently executive vice president, Planning, Strategy & Corporate Affairs, will become executive vice president, Commercial, responsible for optimizing the value of the company’s assets through supply and trading of its commodity portfolio.

Phil Frederickson, currently executive vice president, Commercial, will become executive vice president, Planning, Strategy & Corporate Affairs, with responsibility for planning and strategic transactions, government affairs and communications.

Lance formerly in Alaska

Ryan Lance, currently president of strategy, integration and specialty businesses for Refining, Marketing, Supply & Transportation, will become senior vice president, Technology and Major Projects. He will become a member of ConocoPhillips’ management committee and will have responsibility for corporate oversight of the company’s corporate technology areas, as well as large projects. Lance joined ARCO in 1984 and held a number of engineering and operations positions in Alaska, California and Texas. After Phillips’ acquisition of ARCO Alaska in 2000, he was named vice president of ConocoPhillips’ Lower 48 operations in 2002. In 2003, he was named president of the company’s Asia Pacific exploration and production operations, before assuming his current role in June 2005.

Gallogly, Lowe, Frederickson and Lance will report to Jim Mulva, chairman and CEO.






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