Deming will continue as a member of Murphy's board, and will succeed William Nolan as chairman of the board's executive committee. Nolan will remain chairman of the board.
Wood joined the company in 1994 and has held several positions including VP and SVP of frontier exploration and production and president of Murphy Exploration & Production. In January 2007 he became EVP with responsibility for all of the company's exploration and production operations.
El Dorado, Arkansas-based Murphy Oil is an oil and gas exploration and production company with refining and marketing operations in the United States and the United Kingdom. The company's farm, timber and real estate subsidiary was spun-off to shareholders in 1996 and is now known as Deltic Timber Corp.
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