President and Chief Executive Officer

Clay Gaspar was appointed president and chief executive officer and as a member of the board of directors in March 2025. Prior to that role, Clay served as executive vice president and chief operating officer of the company, a role he assumed in January 2021 following Devon’s merger with WPX Energy. While at WPX, Clay served as president and chief operating officer and sat on the board of directors. His earlier career includes technical and leadership positions with Newfield Exploration, Anadarko Petroleum and Mewbourne Oil. Clay serves on the boards and executive committees of the American Petroleum Institute, American Exploration and Production Council, and the Permian Strategic Partnership. He also serves on the boards of the American Energy Policy Center and The Nature Conservancy’s Oklahoma Chapter and is a member of the Texas A&M Engineering Advisory Council. Clay earned a bachelor’s degree in petroleum engineering from Texas A&M University, a master’s degree in petroleum and geosciences engineering from the University of Texas and is a registered professional engineer in the state of Texas.