Chord Energy Corporation announced the appointment of Susan Cunningham as Independent Chair of Chord Energy's Board of Directors, effective January 1, 2024. Lynn A. Peterson is scheduled to retire as the Executive Chair of Chord Energy's Board of Directors on December 31, 2023, which will reduce the Board size to nine members. The Company also announced the appointment of Darrin Henke to Executive Vice President and Chief Operating Officer, effective January 2, 2024. Chip Rimer, Chord's current Executive Vice President and Chief Operating Officer, will retire on January 12, 2024.

Ms. Cunningham has served as a member of the Chord Board of Directors since July 2022 and currently chairs the Board's Environmental, Social, and Governance (ESG) Committee while also serving on the Board's Compensation and Human Resources Committee. She has more than 35 years of oil and gas industry experience, beginning her career holding a variety of positions at Texaco U.S.A., Statoil Energy Inc., and Amoco Corporation. She went on to serve at Noble Energy Inc., as Senior Vice President of Gulf of Mexico, West Africa and Frontier Ventures, and business innovation.

From 2014 to 2017, Ms. Cunningham served as Executive Vice President, EHSR and New Frontiers, for Noble. She holds a bachelor's degree in Geology and Physical Geography from McMaster University in Ontario, Canada. She completed an advanced management program through Rice University's Office of Executive Development as well.

Ms. Cunningham also serves as a board member at Enbridge, one of the largest midstream companies in North America. Mr. Henke has over 30 years of upstream oil and gas experience. He has held numerous leadership roles with multiple entities including Gary Permian & Gary Petroleum Partners, LLC, Encana Corp, and Burlington Resources.

Mr. Henke was most recently President and CEO of Ranger Oil Corporation, which was acquired by Baytex Energy earlier this year. He holds a Bachelor of Science in Mechanical Engineering from Texas Tech. Mr. Henke also completed an advanced management program through Duke University's Fuqua School of Business.