1. Terri G. King joins Ovintiv's board on January 31, 2025. 2. King has over 30 years in the energy industry. 3. She previously served as Chief Commercial Officer at ConocoPhillips. 4. This marks Ovintiv's third new independent director in three years. 5. King's experience is expected to enhance Ovintiv's governance and strategy.
King’s energy expertise may lead to strategic improvements for OVV, similar to past executive hires boosting performance.
The appointment of a seasoned executive with relevant industry experience strengthens OVV's leadership, likely impacting future decisions.
The influence of new leadership often unfolds over time, affecting long-term strategy and performance, as seen in other companies.
King, 63, retired from ConocoPhillips Company (ConocoPhillips) in 2023 as Chief Commercial Officer and Vice President. During her lengthy career with ConocoPhillips, she held various roles including President, Lower 48; President, Europe & North Africa; President, United Kingdom; and General Manager of Global Production.
King received her Bachelor of Science degree in engineering science from Trinity University and a Master of Business Administration degree from the University of Houston. She is a licensed Professional Engineer.
"We are most pleased to welcome Terri to our board of directors," said Ovintiv Chairman, Peter Dea. "She brings with her a wealth of energy industry and leadership experience that spans three-plus decades around the globe. Terri's insights will be invaluable to our Board as we continue our work to provide sound corporate governance, trusted advice and meaningful stakeholder engagement."
Ovintiv maintains an ongoing Board refreshment process. King's appointment marks the Company's third new independent director in as many years.
Further information on Ovintiv Inc. is available on the Company's website, www.ovintiv.com, or by contacting:
(888) 525-0304
(403) 645-2252