ConocoPhillips CEO Ryan Lance retires after 14 years; CFO Andy O'Brien to take over Sept. 1

ConocoPhillips announced that CEO Ryan Lance will retire after 14 years at the helm, with CFO Andy O'Brien set to succeed him on September 1. The leadership change was announced alongside better-than-expected quarterly profit results, the company's strongest since 2022. No financial details of the quarterly results were specified beyond the profit beat.