ConocoPhillips ·COP

Lean functional C‑suite with operations split by asset geography

Energy · Fortune #64 · Functional structure · 10K employees · Houston, TX

View as of:

CEO span

↓ tighter than peers (avg 8)

Avg span

tight

Max depth

3 levels

3.3 yr

Avg tenure

stable vs FY2024

67%

Internal hires

↑ above industry avg

Consolidated financials FY2025 · period end 2025-12-31 · 10-K

Revenue

$51.8B

Net income

$8.0B

Total assets

$121.9B

Shares out

1.22B

Sourced from ConocoPhillips DEF 14A · filed 2026-03-30 ↗ View on SEC

Interactive org chart

ConocoPhillips organizational chart

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

Open editable chart

ConocoPhillips runs a lean functional organization where the CEO directly oversees a small executive team and operations are split by geography rather than business units. This page maps the executive structure, analyzes reporting depth and spans of control, and compares the model with peer energy companies.

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 W.L. Bullock Jr. departed as Executive Vice President and Chief Financial Officer

Retired effective August 31, 2025.

Source · See change log

Scenario views in the chart

Add Chief Operating Officer Introduce a COO role to consolidate global operations and Lower 48 execution under a single executive, reducing CEO span.
Move Lower 48 under Global Operations Shift the Lower 48 EVP to report to the Global Operations EVP, creating a clearer operational chain of command.

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The people

Who's running this

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

internal

Ryan M. Lance

Chairman and Chief Executive Officer

Executive

14 yr

7 reports

internal

Andrew M. O’Brien

Chief Financial Officer and EVP, Strategy and Commercial

Finance & Strategy

1 yr

1 reports

internal

Kirk L. Johnson

Executive Vice President, Global Operations and Technical Functions

Operations

1 yr

0 reports

internal

Nick G. Olds

Executive Vice President, Lower 48 and Global HSE

Lower 48 & HSE

3 yr

0 reports

Heather Hrap

Senior Vice President, Human Resources and Real Estate & Facilities Services

Human Resources

1 yr

0 reports

internal

Kelly B. Rose

Senior Vice President, Legal, General Counsel and Corporate Secretary

Legal

4 yr

0 reports

Andrew Lundquist

Senior Vice President, Government Affairs

Government Affairs

1 yr

0 reports

The pay

Executive compensation

From the most recent DEF 14A Summary Compensation Table. 1 named executive officers disclosed. Bar length scales with total compensation.

Ryan M. Lance $23.5M

Base salary: $1.80M
Stock awards: $16.54M
Non-equity incentive: $4.59M
Other: $517K
Fiscal year: FY2025
Source: SEC DEF 14A ↗

The businesses

How ConocoPhillips divides the work

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

Finance & Strategy

800 employees

Chief Financial Officer and EVP, Strategy and Commercial (Andrew M. O’Brien)

Oversees financial reporting, capital allocation, strategy, commercial activities and business development.

Global Operations & Technical

4K employees

EVP, Global Operations and Technical Functions (Kirk L. Johnson)

Responsible for global upstream operations, engineering and technical standards.

Lower 48 & HSE

2K employees

EVP, Lower 48 and Global HSE (Nick G. Olds)

Manages U.S. Lower 48 assets and companywide health, safety and environmental performance.

The thesis

Why this org is unusual

ConocoPhillips operates with a notably lean functional executive team, where asset-heavy operations are split by geography rather than by product or business unit.

The CEO directly oversees a small number of senior executives, with no separate divisional CEOs or presidents. This structure centralizes capital allocation and strategy while pushing operational accountability into functional and regional EVPs. Compared with peers, the absence of multiple business-unit heads reduces management layers and reinforces a top-down operating model.

No COO role; operations split between Global Operations EVP and Lower 48 EVP
Finance, strategy and commercial combined under one CFO/EVP

The comparison

How ConocoPhillips stacks up

Compared with other U.S. super‑independent E&P companies, ConocoPhillips maintains a smaller C‑suite and fewer reporting layers. Peers such as ExxonMobil and Chevron add complexity through integrated downstream or chemical segments, while ConocoPhillips remains purely upstream. This allows for a flatter hierarchy …

C-suite size

ConocoPhillips

Reporting depth

ConocoPhillips

3 levels

5 levels

5 levels

4 levels

4 levels

Avg C-suite tenure

ConocoPhillips

3 yr

6 yr

7 yr

6 yr

5 yr

Has COO / Has CAIO

ConocoPhillips — no COO — no CAIO

ExxonMobil ✓ COO — no CAIO

Chevron ✓ COO — no CAIO

EOG Resources — no COO — no CAIO

Occidental Petroleum ✓ COO — no CAIO

Current signals

What changed recently

The most significant recent change was the CFO succession in mid‑2025, with Andrew O’Brien promoted following the retirement of long‑time CFO Bill Bullock.

Aug 31, 2025 departed
W.L. Bullock Jr. Executive Vice President and Chief Financial Officer
Retired effective August 31, 2025.
Source
Jul 1, 2025 new
Kathleen A. McGinty Director
Elected to the Board effective July 1, 2025.
Source
Jun 1, 2025 promoted
Andrew M. O’Brien Chief Financial Officer
Promoted to CFO effective June 1, 2025 following the retirement of W.L. Bullock Jr.
Source

Leadership Timeline

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

FY2025

DEF 14A filed 2026-03-30

CEO: Ryan M. Lance
CEO span: 6
C-suite: 6
Avg tenure: 3.3 yr

CFO transition year following Bill Bullock’s retirement.

Named executive officers (5)

Ryan M. Lance - Chairman and CEO since 2012
Andrew M. O’Brien - CFO and EVP, Strategy and Commercial since 2025
Nick G. Olds - EVP, Lower 48 and Global HSE
Kirk L. Johnson - EVP, Global Operations and Technical Functions since 2025
Kelly B. Rose - SVP, Legal and General Counsel

FY2024

DEF 14A filed 2025-03-31

CEO: Ryan M. Lance
CEO span: 6
C-suite: 6
Avg tenure: 4.1 yr

Legacy finance leadership prior to announced retirement.

Named executive officers (2)

Ryan M. Lance - Chairman and CEO since 2012
W.L. Bullock Jr. - EVP and CFO

FY2023

DEF 14A filed 2024-03-29

CEO: Ryan M. Lance
CEO span: 6
C-suite: 6
Avg tenure: 4.8 yr

Stable executive team prior to finance succession planning.

Named executive officers (1)

Ryan M. Lance - Chairman and CEO since 2012

Year-over-year changes

FY2024 → FY2025

The primary change was the CFO transition, reducing average C‑suite tenure.

Avg tenure: 4.1 → 3.3 yr

promoted Andrew M. O’Brien - Chief Financial Officer (was SVP, Strategy and Commercial) (8-K Filing, May 2025)
departed W.L. Bullock Jr. - EVP and CFO (8-K Filing, May 2025)

The board

Board of directors

2 directors. 1 of 2 independent (50%). Source: most recent DEF 14A.

Ryan M. Lance

Chair Inside

Chairman and CEO, ConocoPhillips

Director since 2012 · Age 63

Also on: Freeport-McMoRan, Inc.

Robert A. Niblock

Lead Indep. Independent

Former Chairman and CEO, Lowe’s Companies

Director since 2010 · Age 63

Also on: PNC Financial Services Group, Inc.

Frequently Asked Questions

Who is the CEO of ConocoPhillips?

Ryan M. Lance has served as Chairman and Chief Executive Officer of ConocoPhillips since 2012.

What type of organizational structure does ConocoPhillips use?

ConocoPhillips uses a functional organizational structure with operations grouped by function and geography rather than by business unit.

How many direct reports does ConocoPhillips's CEO have?

The CEO has six direct reports, all senior functional or regional executives.

How has ConocoPhillips's leadership changed recently?

In 2025, longtime CFO Bill Bullock retired and Andrew O’Brien was promoted to Chief Financial Officer.

Does ConocoPhillips have a COO?

No. ConocoPhillips does not have a COO; operational responsibilities are split between the EVP of Global Operations and the EVP of Lower 48.

Sources

8-K Filing, May 2025
8-K Filing, July 2025
SEC EDGAR: ConocoPhillips DEF 14A Proxy Statement
SEC EDGAR: ConocoPhillips 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). ConocoPhillips organizational structure. Creately. Retrieved , from https://creately.com/org-chart/fortune-500/conocophillips/

MLA 9th

"ConocoPhillips Organizational Structure." Creately, April 1, 2026, https://creately.com/org-chart/fortune-500/conocophillips/. Accessed .

Chicago 17

Creately. "ConocoPhillips Organizational Structure." Last modified April 1, 2026. https://creately.com/org-chart/fortune-500/conocophillips/.

Original SEC source View on SEC ↗

ConocoPhillips. DEF 14A. Filed 2026-03-30. U.S. Securities and Exchange Commission. https://www.sec.gov/Archives/edgar/data/1163165/000110465926036366/tm2523177-3_def14a.htm

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

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