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New President & CEO for El Dorado's Murphy Oil

By: KTVE
Updated: January 8, 2013
El Dorado-based Murphy Oil Corporation has announced R. Andrew Clyde as President and Chief Executive Officer of Murphy Oil USA, the U.S. retail marketing subsidiary of Murphy Oil Corporation.

Murphy Oil USA, Inc. currently has over 1,150 U.S. retail locations and recently announced an agreement with Wal-Mart Stores, Inc. to provide access to over 200 new locations in the Midwest and Southeast United States.

Mr. Clyde is a partner in Booz & Company's global energy practice and has over 20 years of experience in management consulting, with specific focus on the downstream value chain and gasoline and convenience retailing.

The company announced last October that it would spin off its retail gasoline business, separating its retail business from its exploration and production operations.

Photo courtesy: HartCarbon.com

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