Devon Energy Appoints Brent J. Smolik to Board of Directors

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Devon Energy (NYSE:DVN) has appointed Brent J. Smolik to its Board of Directors effective October 1, 2025. Smolik, 64, brings over 40 years of oil and gas industry experience, having previously served as president and COO of Noble Energy and as president, CEO and chairman of EP Energy Corporation.

The appointment expands Devon's board to 11 members, with 10 being independent directors. Smolik will serve on the audit and safety, operations, and resource committees. His extensive background includes senior executive roles at Noble Midstream Partners LP, El Paso Corporation, ConocoPhillips, and Burlington Resources, along with board positions at Marathon Oil Corporation and Cameron International.

OKLAHOMA CITY, Oct. 02, 2025 (GLOBE NEWSWIRE) -- Devon Energy Corp. (NYSE: DVN) announced today that Brent J. Smolik has joined its Board of Directors effective Oct. 1. Mr. Smolik is the former president and chief operating officer of Noble Energy and president, CEO and chairman of the board of EP Energy Corporation.

“We are pleased to welcome Brent Smolik to our Board of Directors,” said Clay Gaspar, president and CEO. “His leadership and strategic insight will be instrumental as we continue to deliver value to our shareholders.”

“Brent’s extensive experience, combined with his operational and technical expertise in the oil and gas industry, will be valuable as we guide the company into the future,” said John Bethancourt, Devon’s Chair. “His proven track record in both upstream and midstream sectors, as well as his prior service on multiple public company boards, will provide important perspective.”

Mr. Smolik, 64, has over 40 years of experience in the oil and gas industry, holding senior executive roles at Noble Energy, Noble Midstream Partners LP, EP Energy Corporation, El Paso Corporation, ConocoPhillips, and Burlington Resources. He most recently served as president and chief operating officer at Noble Energy until retiring after its merger with Chevron in 2020. Mr. Smolik has also served on the boards of Marathon Oil Corporation, Noble Midstream Partners LP, Cameron International, and Encino Acquisition Partners.

Devon’s Board determined that Mr. Smolik is independent and appointed him to the audit and safety, operations, and resource committees. With this appointment, Devon’s board will comprise 11 members, 10 of whom are independent.

ABOUT DEVON ENERGY

Devon Energy is a leading oil and gas producer in the U.S. with a diversified multi-basin portfolio headlined by a world-class acreage position in the Delaware Basin. Devon’s disciplined cash-return business model is designed to achieve strong returns, generate free cash flow and return capital to shareholders, while focusing on safe and sustainable operations. For more information, please visit www.devonenergy.com.

Investor Contact investor.relations@dvn.com 405-228-4450

Media Contact Michelle Hindmarch  405-552-7460

FAQ

Who is Brent Smolik and what is his role at Devon Energy (DVN)?

Brent Smolik is the newly appointed Board Director at Devon Energy, effective October 1, 2025. He is a former president and COO of Noble Energy with over 40 years of industry experience.

What committees will Brent Smolik serve on Devon Energy's board?

Brent Smolik will serve on Devon Energy's audit and safety, operations, and resource committees.

How many independent directors does Devon Energy (DVN) now have?

Devon Energy now has 10 independent directors out of a total of 11 board members.

What is Brent Smolik's previous experience in the oil and gas industry?

Smolik has held senior executive roles at Noble Energy, Noble Midstream Partners LP, EP Energy Corporation, El Paso Corporation, ConocoPhillips, and Burlington Resources. He also served on boards of Marathon Oil and Cameron International.