D. Martin Phillips, 67, joined the board of directors in January 2021 following Devon’s merger with WPX Energy. Phillips became a member of WPX Energy’s board of directors in 2020. He is a managing partner of EnCap Energy Capital Fund, L.P., where he plays a leadership role in all levels of executive management including investments, fundraising, finance, accounting, compliance and personnel. Phillips serves on the board of several EnCap portfolio companies. Prior to founding EnCap in 1989, he served as a senior vice president in the energy banking group of NationsBank in Dallas, Texas. Phillips began his career in 1978 with Republic Bank and served in various senior energy banking positions. He received a bachelor’s of science degree and a master’s of business administration degree from Louisiana State University. Phillips also attended the Stonier Graduate School of Banking at Rutgers University.