APA Corporation Announces Executive Leadership Updates; Ben C. Rodgers Promoted to Executive Vice President and Chief Financial Officer, Operational Leaders Added to Support Key Priorities

Rhea-AI Summary

APA (Nasdaq: APA) has announced significant executive leadership changes effective May 2025. Ben Rodgers has been promoted to Executive Vice President and Chief Financial Officer, overseeing all financial activities including Accounting, Audit, Investor Relations, Planning, Tax and Treasury. Rodgers, who joined APA in 2018, previously served as SVP, Finance and Treasurer.

The company has also strengthened its operational leadership with two key appointments: Shad Frazier as Senior Vice President of U.S. Onshore Operations, bringing nearly 30 years of industry experience from Endeavor Energy Resources, and Donald Martin as Vice President of Decommissioning, with 20 years of operations and decommissioning portfolio experience from Spirit Energy E&P.

Steve Riney will continue as president, overseeing asset development and operations.

Positive

• Strategic strengthening of executive team with experienced industry veterans
• Internal promotion for CFO position indicates strong succession planning
• Addition of dedicated decommissioning executive suggests proactive asset management

Negative

• None.

HOUSTON, April 14, 2025 (GLOBE NEWSWIRE) -- APA Corporation (Nasdaq: APA) today announced key updates to its executive leadership team.

Ben Rodgers has been named executive vice president and chief financial officer, effective May 12, 2025. In this role, he will oversee all financial activities and departments, including Accounting, Audit, Investor Relations, Planning, Tax and Treasury. Rodgers joined APA in 2018 and previously served as SVP, Finance and Treasurer. He also served as CFO of Altus Midstream and later as a director on the board of Kinetik Holdings Inc. He currently serves on the board of Khalda Petroleum Company, a joint venture between APA subsidiary Apache Corporation and Egypt Petroleum Company.

Steve Riney will continue in his role as president, overseeing asset development and operations. As part of Steve’s team, the company has added two key executives to help oversee operations.

Shad Frazier has joined as senior vice president, U.S. Onshore Operations, effective immediately. Shad has nearly 30 years of industry experience, most recently as vice president, Production Operations at Endeavor Energy Resources, LP. Previously, he held various leadership positions at Legacy Reserves and SandRidge Energy. He holds a petroleum engineering degree from Texas Tech University and a master’s degree in business administration from Oklahoma University.

Donald Martin will also be joining the company as vice president, Decommissioning, effective May 26, 2025. Donald has 20 years of operations and decommissioning portfolio experience, most recently as the head of decommissioning & projects at Spirit Energy E&P. He has also managed decommissioning at Canadian Natural Resources E&P. Donald holds a master’s degree with distinction in major programme management from Oxford University.

"I am pleased to welcome Ben to our executive leadership team. He has done a tremendous job and will bring valuable expertise to our financial operations,” said John J. Christmann, APA Corporation CEO. “I am also excited to welcome both Shad and Donald to the team. Their extensive experience and leadership will be instrumental in driving our operations forward."

About APA

APA Corporation owns consolidated subsidiaries that explore for and produce oil and natural gas in the United States, Egypt and the United Kingdom and that explore for oil and natural gas offshore Suriname and elsewhere. APA posts announcements, operational updates, investor information and press releases on its website, www.apacorp.com.

Contacts
Investor:	(281) 302-2286
Media:	(713) 296-7276
Website:	www.apacorp.com

APA-G

FAQ

When will Ben Rodgers assume the CFO position at APA ?

Ben Rodgers will become Executive Vice President and CFO of APA on May 12, 2025.

What are Ben Rodgers' responsibilities as the new CFO of APA?

Rodgers will oversee all financial activities including Accounting, Audit, Investor Relations, Planning, Tax and Treasury departments.

Who are the new operational leaders joining APA in 2025?

Shad Frazier joins as SVP of U.S. Onshore Operations, and Donald Martin as VP of Decommissioning.

What is Shad Frazier's background before joining APA ?

Frazier has 30 years of industry experience, most recently as VP of Production Operations at Endeavor Energy Resources, with previous roles at Legacy Reserves and SandRidge Energy.