Phillips Petroleum Co. and Conoco have named the initial members of the ConocoPhillips global management team that will take office after the completion of their proposed merger of equals that was announced last November (see Daily GPI, Nov. 20, 2001). As previously reported, James J. Mulva, currently chairman and CEO of Phillips, will become president and CEO of ConocoPhillips. Robert E. McKee III will become executive vice president, exploration and production (E&P). He currently is executive vice president, E&P, for Conoco, a position he has held since 1996. Jim W. Nokes will become executive vice president, refining, marketing, supply and transportation (RMS&T). He currently is executive vice president, RMS&T, for Conoco. John A. Carrig will become executive vice president, finance, and CFO. He currently is senior vice president and CFO for Phillips. John E. Lowe will become executive vice president, planning and strategic transactions. He currently is senior vice president, corporate strategy and development, for Phillips. Rick A. Harrington will become senior vice president, legal, and general counsel. He currently is senior vice president, legal, and general counsel for Conoco. All five will report directly to Mulva. “The selection process was difficult, given the proven leadership of the top executives of both companies,” said Conoco Chairman and CEO Archie W. Dunham, who will serve as chairman of ConocoPhillips. The companies said that special meetings of stockholders of both Phillips and Conoco have been called for March 12, when a final vote on the merger will be tallied. The merger also remains subject to receipt of necessary regulatory approvals and is expected to be completed in the second half of 2002.

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