Devon Energy Corporation announced that its board of directors has appointed Barbara M. Baumann and John E. Bethancourt to the board effective immediately. The additions of Baumann and Bethancourt expand Devon's board to 10 members, which now includes eight independent directors. Shareholders of record will have the opportunity to re-elect all directors at the company's upcoming annual meeting to be held on June 4, 2014.
'We are very pleased that Barbara Baumann and John Bethancourt have agreed to join Devon's board of directors,' said J. Larry Nichols, Devon's executive chairman. 'Together they bring more than 60 years of distinguished experience in the energy industry that will further strengthen our board. We look forward to leveraging their insights and expertise to help guide Devon's strategic decisions.'