Noble Energy Inc said Chief Executive Charles Davidson plans to retire on May 1, 2015 and that it intended to appoint Chief Operating Officer David Stover as his successor in October.
Davidson will serve as the oil and gas producer's chairman until the company's annual meeting in 2015.
Noble said it would propose the election of Stover as a director at a meeting next Tuesday.
Noble Energy is an independent energy company engaged in worldwide oil and gas exploration and production. The Company has core operations onshore in the U.S., primarily in the DJ Basin and Marcellus Shale, in the deepwater Gulf of Mexico, offshore Eastern Mediterranean, and offshore West Africa.
Reporting by Swetha Gopinath
