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Phillips announces management changes

Posted: Monday, May 01, 2000

BARTLESVILLE, Okla. (AP) -- Phillips Petroleum Co.'s Alaska and worldwide production and operations businesses will operate under separate management.

Phillips announced several management changes Monday, including the separation of Alaskan and worldwide upstream operations. The announcement followed Phillips' purchase last week of Arco Alaska.

Kevin Meyers, 46, president and chief executive officer of Arco Alaska Inc., will serve as senior vice president of Phillips and president and chief executive officer of Phillips Alaska, the company said.

B.Z. Parker, 53, Phillips executive vice president of downstream since 1998, will become executive vice president responsible for worldwide production and operations, with the exception of Alaska.

Both will report to Jim Mulva, Phillips chairman and chief executive officer.

Kirby Hedrick, executive vice president of upstream, resigned, the company said. Mike Coffelt, vice president of worldwide exploration, has been assigned other duties in the exploration department.

The company also announced that Steven Percy, 53, former chairman and chief executive officer of British Petroleum (BP) America, has been elected senior vice president of refining, marketing and transportation.

During his tenure with BP, Percy served as president and chief executive officer of BP Oil Co., BP's U.S. refining, marketing and transportation operations and chief executive of the BP group treasury and international finance function.

He begins his new position June 1.

Phillips said it also is combining downstream and upstream technology and project development.

John Mihm, 57, the company's senior vice president of downstream technology and project development, will head the combined operation. Bob Ceconi, 57, senior vice president of upstream technology and project development has retired.



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