Claiborne P. Deming
Claiborne P. Deming | |
|---|---|
| Born | United States |
| Occupation(s) | Lawyer, corporate executive, philanthropist |
| Years active | 1979–present |
| Known for | President and CEO of Murphy Oil (1994–2008); Chairman of Murphy Oil (since 2008); Senior advisor at TPH Partners |
| Spouse | Elaine Deming |
Claiborne P. Deming is a U.S.-based lawyer, corporate leader, and benefactor. He held the roles of president and CEO at Murphy Oil between 1994 and 2008 and has been serving as the company's chairman since 2008. In addition, he acts as a senior advisor for TPH Partners, a private equity firm specializing in the energy sector. His philanthropic efforts focus on supporting both public education in Arkansas and private higher education institutions throughout the Southern United States.
Early life
Deming completed his undergraduate studies with a Bachelor of Arts degree at Tulane University in 1976, followed by earning his Juris Doctor from Tulane University Law School in 1979.
Career
Starting his professional journey as legal counsel for Murphy Oil in 1979, Deming advanced to become president of Murphy Oil USA by 1989. He subsequently took on the positions of executive vice president and chief operating officer. From October 1994 until December 2008, he served as both CEO and president of Murphy Oil. In 2008, his overall remuneration totaled $8.38 million, encompassing base salary, bonuses, stock awards, and options. Since joining Murphy Oil’s board in 1993, he has maintained his role as chairman.
Outside of Murphy Oil, Deming provides strategic guidance as a senior advisor to TPH Partners, an energy-focused private equity firm. He was a board member at Entergy from 2002 through 2006 and led the Petroleum Industry’s 25-Year Club as its president. Currently, he holds the position of chairman for the National Petroleum Council.
Philanthropy
Deming has held the presidency of the El Dorado Education Foundation and was appointed to the Arkansas State Board of Education from 1999 to 2002.
He contributes to academic governance as part of both the Tulane Law School Dean's Advisory Board and the Business School Council at Tulane University's A. B. Freeman School of Business. Furthermore, Deming sits on the board overseeing the Jefferson Scholarship at the University of Virginia as well as Vanderbilt University's Board of Trust, where he ranks among top contributors with donations exceeding US$25,000. Together with his wife, he has also contributed US$10,000 to the Aspen Institute.
Personal life
Deming lives in El Dorado, Arkansas with his spouse Elaine.