Marathon appointments senior vice president & CFO
Posted: 5 December 2003
Marathon Oil Corporation announced Janet F. Clark will join the
company as senior vice president and chief financial officer (CFO)
effective January 5, 2004. Clark is currently senior vice president
and CFO of Nuevo Energy Company. She succeeds former Marathon CFO
John T. Mills who retired 1 December.
In her role as CFO, Clark will be responsible for the development
and execution of the financial strategy that supports Marathon's
business plans. In addition, she will oversee the timely, accurate
and complete communication of matters related to the company's financial
condition and performance consistent with applicable laws and regulations.
"We are very pleased to have Janet join Marathon's management
team," said Clarence P. Cazalot, Jr., Marathon President and
CEO. "Her strong financial management background, coupled with
her energy industry related experience and commitment to the highest
ethical standards, are key attributes that will enable her to play
an important role in implementing our overall business strategies
and achieving sustainable long term value growth for our shareholders."
Clark graduated from Harvard University in 1977 with a bachelor
of arts degree in Economics. She later earned a master of business
administration degree in finance from the Wharton School of the
University of Pennsylvania in 1982.
Before joining the energy industry, Clark was an investment banker
specializing in corporate finance for 12 years, primarily with The
First Boston Corporation, predecessor to Credit Suisse First Boston.
Clark joined Santa Fe Energy Resources, Inc. as chief financial
officer in 1997, and was named senior vice president and chief financial
officer in 1998. Following the merger of Santa Fe Energy and Snyder
Oil in 1999, she assumed the role of executive vice president of
Corporate Development and Administration, with responsibility for
corporate development, internal auditing, human resources, information
technology, purchasing, office services, security and environmental,
health and safety.
Clark joined Nuevo Energy, based in Houston, in 2001 in her most
recent position as senior vice president & chief financial officer.
While at Nuevo, she has been responsible for all finance, accounting,
investor relations and information technology functions within the
company, serving as the direct point of contact with investment
and commercial banks, Wall Street analysts and rating agencies.
Clark serves on the Board of Directors of Universal Compression
Holdings, Inc., which trades on the New York Stock Exchange under
the ticker symbol UCO.
For more information see http://www.marathonoil.com.
Posted by Richard Price,
Information supplied by companies
or PR agencies who are responsible for content. Send press releases