Noble names new CEO

Houston-based Noble Energy has elected David L. Stover as President and Chief Executive Officer, succeeding Charles D. Davidson.

Stover’s election is consistent with the management succession plan disclosed in April of this year when it was announced that Davidson would be retiring on May 1, 2015,” Noble said in a statement on Tuesday.

Stover has previously been serving as the company’s President and Chief Operating Officer.

Davidson will continue to serve as the Company’s Chairman until the 2015 Annual Meeting at which time he will be leaving the Board of Directors.

Noble also said that it intends to elect Stover as Chairman of the Board immediately following the 2015 Annual Meeting.

The company also announced that Susan M. Cunningham has been elected Executive Vice President responsible for Noble Energy’s global Exploration, New Ventures, Frontier, Environmental, Health, Safety, Regulatory and Business Innovation activities.

In addition, Gary W. Willingham has been elected Executive Vice President responsible for Noble Energy’s global Production, Drilling, Major Projects and Supply Chain activities. Both Cunningham and Willingham will report directly to Stover.

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Image: Noble Energy

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