APA Corporation has announced updates to its executive leadership team to coincide with a restructuring of its development function and the integration of the recently closed acquisition of Callon Petroleum. The changes are effective immediately. Steve Riney, president and chief financial officer, will now oversee asset development functions, including the asset teams, Planning and Land in addition to continued oversight of finance functions.

Restructuring the development function and its reporting will enable stronger alignment across development teams and financial functions. Riney was promoted to president and CFO in January 2024. Previously, he served as CFO since joining the company in 2015.

Dave Pursell, executive vice president, Development, has left the company as a result of this restructuring. Ben Rodgers has been named senior vice president, Finance and treasurer reporting to Steve Riney. In this new role, he will lead Market Strategies, Treasury, Accounting and Tax.

Rodgers joined APA in 2018 and previously served as SVP, treasurer, midstream & marketing. During his tenure with the company, he also served as the CFO of Altus Midstream and later served as director on the board of Kinetik Holdings Inc. He currently serves on the board of Khalda Petroleum Company, a joint venture between APA subsidiary Apache Corporation and Egypt Petroleum Company. Castlen Kennedy has been promoted to senior vice president, Corporate Affairs and Marketing reporting to Mark Maddox, executive vice president, Administration.

In this role, she will continue to oversee Corporate Communications, Government Affairs and Community Partnerships, and will add oversight of Oil & Gas Marketing, Business Excellence and Egypt JV business support. Kennedy joined the company in 2006 and has held various roles of increasing responsibility in government and community affairs, investor relations and communications.