Concho

BOARD OF DIRECTORS

Steve Beal

Director

Steve Beal has served as a director of Concho since 2006 and currently serves as the Chairman of the Audit Committee as well as a member of the Nominating & Governance Committee. Mr. Beal was the President and Chief Operating Officer of Concho from its formation in 2004 until his retirement in 2009. Previously, Mr. Beal was a director and the Executive Vice President and Chief Financial Officer of Concho Oil & Gas Corp. from 2001 until he became its President and Chief Operating Officer in 2002, a position he held until its sale in 2004.

From 1988 until 1997, Mr. Beal was employed by Parker & Parsley Petroleum Company in a variety of capacities, including serving as its Senior Vice President and Chief Financial Officer and as a member of Parker & Parsley Petroleum Company’s Executive Committee. From 1981 until 1988, Mr. Beal was employed by the accounting firm of Price Waterhouse (now Price Waterhouse Cooper). Mr. Beal is also a director of ProPetro Holding Corp. and he previously served as a director of First Financial Bankshares, Inc. from 2010 to 2018.

He is a graduate of the University of Texas with a Bachelor of Business Administration in Accounting.