Devon to add new chief financial officer

Devon Energy Corp. has hired industry veteran Thomas L. Mitchell as its new executive vice president and chief financial officer.
by Jay F. Marks Published: January 17, 2014

In brief

Devon to get new CFO soon

Devon Energy Corp. will welcome a new chief financial officer next month.

Thomas L. Mitchell, shown above, will join the Oklahoma City-based oil and natural gas producer as executive vice president and chief financial officer.

Mitchell, who has more than 30 years of industry experience, most recently filled similar posts at Midstates Petroleum Co., helping guide the Houston company through its initial public offering.

He also spent five years as senior vice president and chief financial officer at Noble Corp. after 18 years in a variety of financial and commercial roles at Apache Corp.

“We are excited to have Tom Mitchell join the Devon team,” CEO John Richels said. “His 30-plus years in accounting and finance coupled with his extensive experience in oil and gas provide him with the ideal background to assume the role of CFO at Devon.”

Mitchell will replace Jeff Agosta, who is leaving Devon.

The company said Agosta's departure is not related to business issues.

“We are appreciative of Jeff's service to Devon and wish him all the best in his future endeavors,” Richels said.

Agosta became chief financial officer in 2010.

Jay F. Marks,

Business Writer

by Jay F. Marks
Energy Reporter
Jay F. Marks has been covering Oklahoma news since graduating from Oklahoma State University in 1996. He worked in Sulphur and Enid before joining The Oklahoman in 2005. Marks has been covering the energy industry since 2009.
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