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Apache announce departure of CFO

Apache executive vice president P. Anthony Lannie to take over as CFO

Apache announce departure of CFO
Apache announce departure of CFO

Apache Coporation have confirmed that their CFO, Alfonso Leon, will leave the company after an eight month stint at the North American oil and gas company.

Apache said the departure was not “related to any issues regarding financial disclosures, accounting or legal matters”, but that Leon was leaving to pursue other opportunities.

Apache had previously announced plans to sell or spin off its international assets and its stakes in two liquefied natural gas (LNG) projects.

“As we have previously outlined, Apache is transforming into a leading North America-focused exploration and production company with an extensive resource base, strong production growth and a commitment to maximizing rate of return,” Steve Farris, Apache’s Chief Executive Officer said in a statement.
The position of CFO will be filled on an interim basis by Apache executive vice president P. Anthony Lannie.

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