By OGJ editors
HOUSTON, July 21 -- The board of ConocoPhillips elected James J. Mulva to succeed Archie W. Dunham as chairman upon Dunham's retirement in Sept. Mulva will continue to serve as president and CEO.
Mulva's succession as chairman is consistent with the previously disclosed terms of the ConocoPhillips merger agreement. Dunham also has elected to retire from the board of directors when he retires from ConocoPhillips, in keeping with current best practices in corporate governance.
