Murphy Oil CEO David Wood Retires, Resigns from Board

by Luke Jones and Lance Turner  on Wednesday, Jun. 20, 2012 3:20 pm  

David Wood

Before that, Cossé was general counsel for Ocean Drilling & Exploration Co. of New Orleans, a majority owned subsidiary of Murphy Oil.

According to Simmons First's most recent proxy, Cossé also serves on the Arkansas Research Alliance of Conway and is chairman of the Share Foundation of El Dorado. He is past chairman of the South Arkansas Chapter of the American Red Cross and is on the advisory board of Turning Point of El Dorado. He is a member of the Louisiana Bar Association, Arkansas Bar Association and Union County Bar Association.

Jenkins joined Murphy in 2001 and was named executive vice president of exploration and production in 2009.

In recent months, Murphy Oil has been working on a plan to sell its refineries. In a May 9 presentation to stockholders, Wood cited increased demand for energy and a burgeoning retail sector as growth areas for the company.

The company's last refinery, in Milford Haven, Wales, remains for sale. Wood said recently that Murphy was considering turning the refinery into a storage facility.



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