Walker K. Compton is retiring as executive vice president and general counsel of El Dorado-based Murphy Oil Corporation effective June 1.
E. Ted Botner, vice president, law and corporate secretary, will assume Compton’s responsibilities in addition to maintaining his current duties under the new title senior vice president, general counsel and corporate secretary.
Botner will report Roger W. Jenkins, president and chief executive officer.
Murphy Oil is in the process of moving its corporate headquarters from El Dorado to Houston.
“Walter joined the Law Department over 32 years ago. During his distinguished law career, he has led numerous strategic transactions on behalf of the company, including the spin-off of Murphy USA, as well as many complex upstream and downstream acquisitions and divestitures. I wish him all best in his retirement,” said Roger W. Jenkins, president and chief executive officer.
Botner joined Murphy’s Law Department in 2001 as an attorney. Over his 19-year career with the company, he has held several positions with increasing responsibilities in the U.S. and Malaysia, including commercial manager for Murphy Sarawak and general manager, Malaysia, culminating in his current position.
Botner earned bachelor’s degrees in arts and business administration from the University of Texas, a master of Business Administration from Southern Methodist University and a law degree from the University of Arkansas.
The company also announced that Michael K. “Mike” McFadyen, executive vice president, Offshore, has decided to leave the company effective June 1.
Eric M. Hambly, currently executive vice president, Onshore, will be assuming McFadyen’s responsibilities under the new title executive vice president, Operations and will continue to report to Jenkins.
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