Scott D. Sheffield

Early life Sheffield was born in 1952. He subsequently joined Parker & Parsley as a petroleum engineer in 1979 and was promoted to vice president-engineering in September 1981. In April 1985, he was elected president and director, and on January 19, 1989, he became chairman of the board and CEO.

Between 2010 and 2014, Sheffield helped Pioneer Natural Resources in raising billions of dollars from investors in India, China, and Wall Street. Upon his return, he implemented new return of capital framework for the exploration and production industry; reducing capital spending, scaling back drilling plans, and increasing returns to investors through dividends and share buyback schemes.

Sheffield retired the end of 2023 with Richard Dealy succeeding him.

Sheffield is on the advisory board of L1 Energy and the board of directors of The Williams Company, Inc.

Since 2020, Sheffield has ramped up his political contributions to Republican campaigns.

Collusion allegations During the COVID pandemic, Sheffield petitioned the Texas Railroad Commission to curtail oil production in order to raise oil prices. The FTC's complaint cited a quote from Sheffield acknowledging his tactics.

According to a report by Politico, Sheffield claimed the FTC leaked information about referring the allegations to the Justice Department. His legal team filed paperwork demanding the FTC drop the complaint and rescind the order barring him from Exxon's board.

Personal life Sheffield is married to Kimberley, they have five children. In retirement, Sheffield lives in Santa Fe, N.M. and spends time on a charity called First Serve-New Mexico.