Marcus Watts joined the board of directors in May 2026 following Devon’s merger with Coterra Energy Inc. He is the executive chairman of the Everton Football Club in the English Premier League. From 2011 to 2025, Watts was president of The Friedkin Group, a privately held and diverse consortium of businesses and investments in the automotive, hospitality, entertainment, golf and adventure industries, where he continues to serve as special advisor. Prior to Friedkin, he was with the law firm Locke Lord LLP where he held multiple leadership roles, including vice chairman of the firmwide executive committee and managing partner of the Houston, Texas office. He also previously served as the chair of the Federal Reserve Bank of Dallas Houston Branch’s board of directors and chair of the board of directors of the Greater Houston Partnership. Watts currently serves as lead independent director of Service Corporation International and on the board of directors of Highland Resources, Inc., a privately held real estate investment firm. Watts holds a law degree from Harvard Law School.

Mr. Watts brings to the board over 26 years of experience in corporate and securities law, governance and related matters. He adds a wealth of legal, transactional, regulatory and management expertise from both the oil and gas industry and other industries to our board. His unique combination of legal and management expertise offers a fresh perspective to our board, which is buttressed by his decades of experience both inside and outside of the oil and gas industry.