Claiborne P. Deming

Claiborne P. Deming
Residence El Dorado, Arkansas
Alma mater Tulane University
Tulane University Law School
Occupation Attorney, business executive
Spouse(s) Elaine Deming

Claiborne P. Deming is an American attorney, business executive and philanthropist. He served as the President and Chief Executive Officer of Murphy Oil from 1994 to 2008. Since 2008, he has served as its Chairman. Additionally, he serves as Senior Advisor to TPH Partners, an energy private equity firm. As a philanthropist, he has supported public schools in Arkansas and private universities in the Southern United States.

Early life

Claiborne P. Deming graduated from Tulane University, where he received a bachelor of arts degree in 1976.[1][2] He received a JD from the Tulane University Law School in 1979.[1][3]

Career

Deming began working as an attorney for Murphy Oil in 1979.[3] A decade later, in 1989, he was promoted to President of Murphy Oil USA, its US-based subsidiary.[3] He later served as President of Murphy Oil USA and Executive Vice President and Chief Operating Officer of Murphy Oil USA.[3] He served as the Chief Executive Officer and President of Murphy Oil from October 1994 to December 31, 2008. While CEO of Murphy Oil Corp.[3] In 2008, he earned a total compensation of $8,383,411, which included a base salary of $1,241,667, a cash bonus of $2,000,000, stocks granted of $2,675,025, and options granted of $2,211,250.[4] He has served on its Board of Directors since 1993.[3]

Deming serves as the Chairman of Murphy Oil.[5] He also serves as Senior Advisor to TPH Partners, an energy private equity firm.[3]

Deming served on the Board of Directors of Entergy from 2002 to 2006.[3] He served as the President of the 25-Year Club of the Petroleum Industry.[3] He serves as the Chairman of the National Petroleum Council.[3]

Philanthropy

Deming served as President of the El Dorado Education Foundation.[2] He was a member of the Arkansas State Board of Education from September 1999 to June 2002.[2]

Deming serves as a member of the Tulane Law School Dean's Advisory Board and Member of the Business School Council for A. B. Freeman School of Business at Tulane University.[2] He serves on the Board of Directors of the Jefferson Scholars Foundation at the University of Virginia.[6] Additionally, he serves on the Board of Trust of Vanderbilt University.[7] As of 2015, he is one of the largest donors to the university, having donated US$25,000 or above.[8]

Deming and his wife have donated US$10,000 to the Aspen Institute.[9]

Personal life

With his wife Elaine,[9] he resides in El Dorado, Arkansas.[7]

References

  1. 1 2 "2006 CEO Pay: Claiborne P Deming". Forbes. Retrieved November 11, 2015.
  2. 1 2 3 4 "Company Overview of TPH Partners, LLC: Claiborne P. Deming J.D.". Bloomberg Business. Retrieved November 11, 2015.
  3. 1 2 3 4 5 6 7 8 9 10 "Claiborne P Deming". TPH Partners. Retrieved November 11, 2015.
  4. ↑ 2008 CEO Compensation for Claiborne P. Deming, Equilar.com
  5. ↑ "Board of Directors". Murphy Oil Corporation. Retrieved November 11, 2015.
  6. ↑ "Board of Directors". Jefferson Scholars Foundation. Retrieved November 11, 2015.
  7. 1 2 "Board of Trust". Vanderbilt University. Retrieved November 11, 2015.
  8. ↑ "2014-2015 Donors: Vanderbilt University, General (not restricted to academic area)". Vanderbilt University. Retrieved November 11, 2015.
  9. 1 2 "Membership List: President's Society ($10,000)". Aspen Institute. Archived from the original on July 24, 2014. Retrieved November 11, 2015.
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