Hess Corp., the New York-based independent oil company, has hired Drew Maloney for the VP-government affairs and public policy post.
The former CEO of Ogilvy Government Relations had counseled Hess while at that WPP unit. He exited Ogilvy in July to work in an external affairs capacity at the Republican National Committee in support of the “Romney Readiness Project.”
Prior to Ogilvy, the 43-year-old was legislative director for the House GOP leadership under former Republican Majority Whip Tom DeLay, aide to Tex Congressman Ed Bryant on matters before the Judiciary and Commerce Committees and energy advisor to now Senator Roger Wicker.
Hess reported a robust third-quarter as revenues jumped 10 percent to $9.6B on an 86.9 percent surge in net income to $557M.
The company credits increased production from its North Dakota shale oil play and resumption of Libyan operations that were suspended a year ago due to civil war for the upbeat financial performance.
Hess announced Nov. 12 that it has retained Goldman Sachs to explore the divestiture of its 50K barrel-a-day oil operation in Russia as part of its CEO John Hess’ strategy to focus on U.S. shale assets.
In September, Hess sold its North Sea holdings to Royal Dutch Shell for $525M and unloaded the Azerbaijan property to India’s ONGC Videsh for $1B.