ConocoPhillips Adds Two to Executive Management Team

HOUSTON -- ConocoPhillips added two executives to its investor relations team.

Ellen R. DeSanctis was named vice president of investor relations for ConocoPhillips, which will become a pure-play exploration and production company following its spinoff, expected to be completed during the second quarter of this year.

Phillips 66, the future independent downstream company following the spinoff, named C.C. (Clayton) Reasor as its vice president of investor relations, strategy and corporate affairs.

DeSanctis was most recently vice president of corporate communications for Houston-based Petrohawk Energy. She has more than 30 years in the oil and gas industry.

"Ellen knows our company, she knows our stakeholders and she is a proven leader in our industry," said Ryan Lance, designated chairman and CEO of the future ConocoPhillips. "Her leadership will allow us to connect with investors as we establish a unique type of independent upstream company."

Reasor also has more than 30 years of oil and gas industry experience. He began his career with Phillips Petroleum Co. and has held positions of increasing responsibility, including his current role as vice president of corporate and investor relations for ConocoPhillips.

"Clayton has a wealth of knowledge and experience that will help us advance our strategy to grow Phillips 66 into an industry-leading downstream company," said Greg Garland, designated chairman and CEO of the future Phillips 66.

ConocoPhillips' spinoff into two companies is subject to U.S. regulatory approvals.