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Fortune

Sheryl Estrada

ConocoPhillips' Andy O'Brien steps up from CFO to CEO—the latest sign finance chiefs are winning more top jobs

ConocoPhillips Ryan Lance Andy OBrien Scott Simmons Vice President

(Credit: Getty Images)

Good morning. Finance chiefs are increasingly landing the top job across the Fortune 500, with the latest example at ConocoPhillips.

Houston-based ConocoPhillips, the nation’s leading independent oil and gas producer, announced Thursday that Andy O’Brien, CFO and EVP of strategy and commercial, will succeed Ryan Lance as president and chief executive, effective Sept. 1. Lance is retiring from the top role and will become executive chair of the board of directors.

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