New vice president joins Apache

  • Business & Finance

Oil and gas company Apache Corporation has named a new vice president of treasury.

Apache said on Thursday that announced Ben C. Rodgers would become the vice president of treasury on April 16.

Rodgers will lead Apache’s treasury department and have global oversight over the company’s capital structure analysis, financing, risk insurance, banking policy, cash, and liquidity management.

Rodgers joins Apache from EIG Global Energy Partners, where he served as a senior vice president and led an investment team focusing on originating and managing oil and gas debt and equity investments in North America.

Before that, he was with Concho Resources serving in a variety of leadership roles including vice president of commodities and midstream and as vice president and treasurer. He previously held the role of vice president of syndicated and leveraged finance in the investment banking division of J.P. Morgan Securities. Rodgers also worked for advisory services group at Ernst & Young.

Stephen J. Riney, Apache’s CFO and executive vice president, said: “I am pleased to welcome Ben to Apache’s leadership team. He brings diverse financial experience from both the upstream and midstream sectors of the oil and gas business and his comprehensive knowledge of the Permian Basin markets will be a great complement to our executive team.”

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