Devon Energy announced a significant restructuring of its executive leadership team within the Exploration & Production (E&P) division, involving the departure of two Executive Vice Presidents and the appointment of three internal leaders to new roles, effective August 20, 2026.
Key Details
- Appointments: Tom Hellman and Robert (Trey) Lowe III have been named Executive Vice Presidents of Exploration & Production, overseeing the company's key business units. Kevin Smith has been appointed Executive Vice President and Chief Technology Officer.
- Departures: John Raines, former EVP of E&P – Permian, and Michael DeShazer, former EVP of E&P for the Anadarko, Eagle Ford, Marcellus, and Rockies basins, are leaving the company effective September 1, 2026.
- Effective Date: The new executive appointments and leadership changes are effective as of August 20, 2026.