On November 12, 2014, the board of directors of WPX Energy, Inc. appointed Stephen L. (Larry) Faulkner, as Vice President and Controller. In his new role, Mr. Faulkner will serve as WPX Energy's Principal Accounting Officer, replacing J. Kevin Vann, who will continue to serve as WPX Energy's Principal Financial Officer in his role as Senior Vice President and Chief Financial Officer. Mr. Faulkner has served as the company's Director of Financial Reporting and Property Accounting since its spin-off from The Williams Companies, Inc. on December 31, 2011, and before then he had served since 2008 as Williams' Manager of Financial Reporting and Property Accounting.