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APA Corporation Announces Appointment of Aneil Kochar as Vice President and Treasurer

1. Aneil Kochar promoted to vice president and treasurer at APA Corporation. 2. Kochar to oversee APA's Treasury department and financial strategies. 3. Previous treasurer Ben C. Rodgers now serves as CFO. 4. Kochar has significant oil and gas financial experience. 5. He has been with APA since 2020, enhancing financial management.

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Why Bullish?

The promotion of a capable leader often leads to improved financial oversight, potentially boosting investor confidence. Historical cases show strong internal talent promotions can stabilize or enhance stock prices.

How important is it?

The effective transition to a new executive role can significantly impact investor perception, crucial for maintaining investor trust.

Why Short Term?

Initial market reactions typically respond swiftly to executive changes, affecting short-term stock performance. However, long-term impacts depend on Kochar's effectiveness in his new role.

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May 27, 2025 16:46 ET  | Source: APA Corporation HOUSTON, May 27, 2025 (GLOBE NEWSWIRE) -- APA Corporation (Nasdaq: APA) today announced that Aneil Kochar has been promoted to vice president and treasurer, effective May 22. Kochar will head APA's Treasury department, providing global oversight for the company's capital structure analysis, financing strategies, risk insurance, banking policies, and cash and liquidity management. The role of treasurer was previously held by Ben C. Rodgers who was recently promoted to chief financial officer. "I am pleased to welcome Aneil to APA's leadership team. He has vast financial experience in the oil and gas industry and has played a crucial role in APA's financial strategies over the past five years, driving value creation and improving cash management. Aneil will be a strong addition to our executive team," said Ben C. Rodgers, APA's Chief Financial Officer. Kochar has held the position of assistant treasurer for APA since 2022, having joined the company in 2020 as the director of Finance. Before joining APA, Kochar was vice president Finance and treasurer at Chisholm Oil and Gas, where he oversaw FP&A and treasury activities. Prior to that, he worked at EIG Global Energy Partners as an investment professional, focusing on origination and management of oil and gas debt and equity investments. Kochar began his career in energy investment banking at Morgan Stanley. He holds both bachelor’s and master’s degrees in Accounting from the University of Texas at Austin. About APAAPA Corporation owns consolidated subsidiaries that explore for and produce oil and natural gas in the United States, Egypt and the United Kingdom and that explore for oil and natural gas offshore Suriname and elsewhere. APA posts announcements, operational updates, investor information and press releases on its website, www.apacorp.com. Contacts: Investor: (281) 302-2286 Media: (713) 296-7276 Website: www.apacorp.com APA-F

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