Noble Energy Inc. reported that Charles D. Davidson, chairman and chief executive officer, plans to retire and leave the company’s board on May 1.
The board will propose the election of David L. Stover, Noble’s president and chief operating officer since 2009 (OGJ Online, Dec. 16, 2002; Aug. 1, 2006; May 1, 2009), as a director at its Apr. 22 organizational meeting following the annual meeting, and intends to appoint him as chief executive officer in October.
Davidson, who has been chief executive officer and director since joining Noble in 2000, will serve as the company's chairman until the 2015 annual meeting.
