Apache Corporation announced that Stephen J. Riney will be appointed as the company's Executive Vice President and Chief Financial Officer and is expected to commence employment with the company in February 2015. P. Anthony Lannie will cease service as Chief Financial Officer after Mr. Riney commences employment with the company. Mr. Lannie, who served as interim Chief Financial Officer, will continue to serve as the company's Executive Vice President and General Counsel.

Prior to his appointment as Apache's Chief Financial Officer, Mr. Riney, 54, served as the chief financial officer for BP exploration and production and oversaw all accounting, business development, planning and commercial operations for the upstream segment.