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APA Corp. has promoted CFO Stephen J. Riney to president, according to a Jan. 9 press release. Riney will remain the company’s CFO.
Riney joined APA in 2015 and served as the company’s executive vice president and CFO. Previously, Riney was the CFO for BP Exploration and Production overseeing accounting, business development, planning and commercial operations for BP’s upstream segment.
During his 16 years at BP, he also served as the global head for mergers and acquisitions and held several management positions in treasury, the release stated.
Riney “has helped us refine APA’s strategic direction while also successfully navigating some of the most financially challenging times in our industry’s history,” said APA CEO John J. Christmann IV. “His leadership and influence have extended beyond our financial operations, and this promotion formalizes the significant role that Steve plays in helping guide the company’s strategy, goals and execution.”
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