ConocoPhillips (NYSE: COP) legal head to retire Sept. 2026
Filing Impact
Filing Sentiment
Form Type
8-K
Rhea-AI Filing Summary
ConocoPhillips reported that Kelly B. Rose, its Senior Vice President, Legal, General Counsel and Corporate Secretary, plans to retire effective September 1, 2026. The company said Rose announced her decision on June 23, 2026, and that a replacement will be announced at a later time.
Positive
- None.
Negative
- None.
8-K Event Classification
Item 5.02 — Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers
1 item
Item 5.02
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers
Governance
Key personnel changes including departures, elections, or appointments of directors and executive officers.
Key Figures
Retirement effective date: September 1, 2026
Announcement date: June 23, 2026
Debenture coupon rate: 7%
+1 more
4 metrics
Retirement effective date
September 1, 2026
Effective date of Kelly B. Rose’s retirement
Announcement date
June 23, 2026
Date Kelly B. Rose announced decision to retire
Debenture coupon rate
7%
7% Debentures due 2029 listed on NYSE
Common stock par value
$0.01
Par value of ConocoPhillips common stock
Key Terms
Item 5.02, Emerging growth company, Debentures, par value, +1 more
5 terms
Item 5.02 regulatory
"Item 5.02 Departures of Directors or Certain Officers; Election of Directors"
Emerging growth company regulatory
"Emerging growth company"
An emerging growth company is a recently public or smaller public firm that qualifies for temporary, lighter regulatory and disclosure rules to reduce the cost and effort of being public. For investors, it means the company may provide less historical financial detail and face fewer reporting requirements than larger firms, so it can grow more quickly but also carries higher uncertainty—like buying a promising early-stage product with fewer user reviews.
Debentures financial
"7% Debentures due 2029"
A debenture is a company’s long-term IOU sold to investors that promises regular interest payments and repayment of principal at a set date; unlike equity, it represents debt rather than ownership. Think of it like lending money to a business in exchange for a fixed stream of payments, so investors watch a debenture’s interest rate and the borrower’s financial health to judge income reliability and risk of not being repaid.
par value financial
"Common Stock, $.01 Par Value"
Par value is the fixed amount printed on a bond or stock that represents its original value when issued. It’s like the face value of a coin or bill—what the issuer promises to pay back or the starting price of a stock—though it often doesn’t change with market prices. It matters because it helps determine certain financial details, like how much the company will pay back at maturity.
Section 12(b) regulatory
"Securities registered pursuant to Section 12(b) of the Act"
Section 12(b) of the U.S. Securities Exchange Act requires securities listed on a national stock exchange to be registered with the U.S. Securities and Exchange Commission (SEC) and to follow regular public reporting and disclosure rules. For investors, a 12(b) listing generally means more routine financial updates, regulatory oversight and easier buying and selling—like a storefront that must display its inventory and prices, making it simpler to inspect and trade the product.
FAQ
What leadership change did ConocoPhillips (COP) disclose in this 8-K?
ConocoPhillips disclosed that Senior Vice President, Legal, General Counsel and Corporate Secretary Kelly B. Rose will retire. The company announced her decision in an 8-K and plans to name a successor at a later date.
When will Kelly B. Rose retire from ConocoPhillips (COP)?
Kelly B. Rose is scheduled to retire from ConocoPhillips effective September 1, 2026. This date marks the end of her service as Senior Vice President, Legal, General Counsel and Corporate Secretary at the company.
What position does Kelly B. Rose hold at ConocoPhillips (COP)?
Kelly B. Rose serves as Senior Vice President, Legal, General Counsel and Corporate Secretary at ConocoPhillips. The 8-K notes she will retire from these combined legal and corporate governance roles, prompting an upcoming leadership transition.
Has ConocoPhillips (COP) named a successor to Kelly B. Rose?
ConocoPhillips has not yet named a successor to Kelly B. Rose. The 8-K states that her replacement as Senior Vice President, Legal, General Counsel and Corporate Secretary will be announced at a later time by the company.
On what date did ConocoPhillips (COP) announce Kelly B. Rose’s retirement?
ConocoPhillips announced Kelly B. Rose’s retirement decision on June 23, 2026. The same date appears on the Form 8-K and her electronic signature as Senior Vice President, Legal, General Counsel and Corporate Secretary.