APA Corporation ·APA

President role reinstated between CEO and finance

Energy · Fortune #422 · Functional structure · 2K employees · Houston, Texas

5
CEO span
↓ tighter than peers (avg 8)
2
Avg span
tight
3
Max depth
3 levels
3.2 yr
Avg tenure
80%
Internal hires
↑ above industry avg
Consolidated financials FY2025 · period end 2025-12-31 · 10-K
Operating income
$3.1B
Net income
$1.4B
Total assets
$17.8B
Shares out
353M

Sourced from APA Corporation DEF 14A · filed 2026-04-09 ↗ View on SEC

Interactive org chart

APA Corporation organizational chart

Explore the executive structure, reporting layers, and scenario-ready operating model from public filings.

Open editable chart

President role reinstated between CEO and finance. This page maps APA Corporation’s functional executive structure, detailing CEO direct reports, recent leadership changes, and how the company compares with upstream E&P peers on span of control and depth.

What to model

Use the chart to test org decisions, not just view reporting lines

Start with the public baseline, then use the scenario views and source-backed changes to ask what happens when leadership, span, or team ownership shifts.

Latest signal D. Clay Bretches departed as Executive Vice President, Operations

Terminated without cause effective June 4, 2025.

Source · See change log

Scenario views in the chart

  • Add Chief Operating Officer Introduce a COO reporting to the CEO to consolidate operations and reduce the CEO’s functional load.
  • Eliminate President Layer Remove the President role and revert to a flatter structure with CFO and EVPs reporting directly to the CEO.

Atlas work this supports

  • Connect Workday or UKG Get these analytics for YOUR org — tenure, span of control, headcount, automatically from your HRIS.
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  • Plan a Reorg Use this as a starting point. Model scenarios, compare structures, present options to your board.

The people

Who's running this

6 executives identified as Named Executive Officers in the most recent SEC proxy. Bar length scales with tenure.

internal

John J. Christmann IV

Chief Executive Officer

Executive

10 yr

6 reports

internal

Stephen J. Riney

President

Executive

1 yr

0 reports

internal

Ben C. Rodgers

Executive Vice President and Chief Financial Officer

Finance

1 yr

1 reports

internal

Tracey K. Henderson

Executive Vice President, Exploration

Exploration

3 yr

0 reports

internal

Mark D. Maddox

Executive Vice President, Administration

Administration

3 yr

0 reports

Kimberly O. Warnica

Executive Vice President, Chief Legal Officer and Corporate Secretary

Legal

1 yr

0 reports

The businesses

How APA Corporation divides the work

3 divisions report into the group CEO. Tile size scales with estimated headcount.

Exploration

500 employees

Executive Vice President, Exploration (Tracey K. Henderson)

Leads global exploration strategy across core and frontier basins.

Finance

300 employees

Executive Vice President and CFO (Ben C. Rodgers)

Oversees capital allocation, treasury, accounting, and investor relations.

Legal & Governance

120 employees

Chief Legal Officer (Kimberly O. Warnica)

Manages legal, compliance, governance, and corporate secretarial functions.

The thesis

Why this org is unusual

APA’s most distinctive structural feature is the reinstated President role, creating an extra layer between the CEO and key operating and finance leaders.

Stephen Riney’s move from CFO to President in 2025 separates enterprise-wide leadership from day-to-day financial stewardship. This structure concentrates strategic coordination under the President while allowing the CEO to retain a relatively small direct span.

The CEO has six direct reports, mostly functional EVPs rather than asset-based business unit heads. Exploration, administration, finance, and legal all report directly to the CEO, reflecting a functional upstream E&P model rather than a divisional structure by geography. Operations leadership was thinned following the mid-2025 departure of the EVP of Operations.

Overall depth is limited to three levels in the published executive hierarchy, consistent with APA’s modest headcount and focused asset base. The organization emphasizes internal promotion, particularly in finance and administration, supporting continuity through commodity cycles.

  • President role added in 2025
  • No COO as of 2026
  • High internal promotion in finance leadership

The comparison

How APA Corporation stacks up

Compared with U.S. independent E&P peers, APA operates with a leaner C-suite and fewer geographic presidents. Peers such as Occidental and Devon typically maintain separate operations or asset presidents reporting to the CEO or COO. APA instead concentrates authority in functional EVPs. The presence of a President …

Reporting depth

APA Corporation
3 levels
4 levels

Avg C-suite tenure

Has COO / Has CAIO

APA Corporation — no COO — no CAIO
Occidental Petroleum ✓ COO — no CAIO
Devon Energy ✓ COO — no CAIO
ConocoPhillips — no COO — no CAIO
EOG Resources — no COO — no CAIO

Current signals

What changed recently

The most consequential change was the May 2025 reinstatement of a standalone President role, separating enterprise leadership from the CFO function.

  • departed
    D. Clay Bretches Executive Vice President, Operations

    Terminated without cause effective June 4, 2025.

    Source
  • Date not confirmed promoted
    Stephen J. Riney President

    Appointed President in May 2025, transitioning from CFO role.

    Source
  • Date not confirmed new
    Ben C. Rodgers Executive Vice President and Chief Financial Officer

    Named CFO in May 2025 following Riney’s transition to President.

    Source

Leadership Timeline

Year-over-year executive structure based on SEC proxy and annual filings.

FY2025
DEF 14A filed 2026-04-09
CEO
John J. Christmann IV
CEO span
5
C-suite
5
Avg tenure
3.2 yr

President role reinstated and operations EVP departed during the year.

Named executive officers (5)
  • John J. Christmann IV - Chief Executive Officer since 2015
  • Stephen J. Riney - President since 2025
  • Ben C. Rodgers - Executive Vice President and CFO since 2025
  • Tracey K. Henderson - Executive Vice President, Exploration since 2023
  • Kimberly O. Warnica - Executive Vice President, Chief Legal Officer since 2025

Frequently Asked Questions

Who is the CEO of APA Corporation?

John J. Christmann IV has served as APA Corporation’s CEO since 2015.

What type of organizational structure does APA Corporation use?

APA uses a primarily functional structure with major disciplines reporting directly to the CEO.

How many direct reports does APA Corporation's CEO have?

As of 2026, the CEO has five direct executive reports.

How has APA Corporation's leadership changed recently?

In 2025, APA reinstated a President role and appointed a new CFO while the EVP of Operations departed.

Does APA Corporation have a COO?

No, APA does not have a Chief Operating Officer as of 2026.

Sources

  • Proxy Statement, Apr 2026
  • Company Proxy Statement, Apr 2026
  • SEC EDGAR: APA Corporation DEF 14A Proxy Statement
  • SEC EDGAR: APA Corporation 10-K Annual Report

Reference

Cite this page

If you reference this page in research, analysis, or news writing, use one of the formats below. Citation includes the SEC filing source where applicable.

APA 7th
Creately. (2026). APA Corporation organizational structure. Creately. Retrieved , from https://creately.com/org-chart/fortune-500/apa/
MLA 9th
"APA Corporation Organizational Structure." Creately, April 1, 2026, https://creately.com/org-chart/fortune-500/apa/. Accessed .
Chicago 17
Creately. "APA Corporation Organizational Structure." Last modified April 1, 2026. https://creately.com/org-chart/fortune-500/apa/.
Original SEC source View on SEC ↗
APA Corporation. DEF 14A. Filed 2026-04-09. U.S. Securities and Exchange Commission. https://www.sec.gov/Archives/edgar/data/1841666/000119312526149453/apa-20260409.htm

Permanent URL: https://creately.com/org-chart/fortune-500/apa/ · last updated 2026-04-01

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