Seitz promoted to CEO of Anadarko

Petroleum News Alaska Staff

Anadarko Petroleum Corp. said Jan. 9 that its board of directors has elected John N. Seitz as the company’s chief executive officer. Seitz is currently president and chief operating officer and will add the role of CEO.

Robert J. Allison Jr., currently chairman and CEO, will remain chairman of the board.

“John has been an instrumental part of Anadarko’s tremendous success with exploration and development drilling for more than 20 years and he will now be the chief executive of the company,” said Allison. “I’m proud of what we have achieved for shareholders.” Allison also says he intends to be a full-time, active chairman and has no immediate plans for retirement.

Allison joined Anadarko in 1973 as vice president of operations and was promoted to president in 1976 and CEO in 1979. He took on the additional role of chairman when Anadarko was spun off from Panhandle Eastern in 1986.

Seitz joined Anadarko in 1977 as an exploration geologist. He was named vice president of exploration and production operations in 1989 and promoted to executive vice president of exploration and production and elected to the company’s board of directors in 1997. In 1999, Seitz was promoted to the position of president and COO.