Claiborne P. Deming is an American attorney, business executive and philanthropist. He served as the president and chief executive officer of

Murphy Oil Murphy Oil Corporation is an American energy company engaged in hydrocarbon exploration headquartered in Houston, Texas. The company is ranked 625th on the Fortune 500 and 1860th on the Forbes Global 2000. As of December 31, 2020, the company ...

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 A private equity firm or private equity company (often described as a financial sponsor) is an investment management company that provides financial backing and makes investments in the private equity of a Startup company, startup or of an existin ...

. As a philanthropist, he has supported public schools in

Arkansas Arkansas ( ) is a landlocked state in the West South Central region of the Southern United States. It borders Missouri to the north, Tennessee and Mississippi to the east, Louisiana to the south, Texas to the southwest, and Oklahoma ...

and private universities in the

Southern United States The Southern United States (sometimes Dixie, also referred to as the Southern States, the American South, the Southland, Dixieland, or simply the South) is List of regions of the United States, census regions defined by the United States Cens ...

Early life

Claiborne P. Deming graduated from

Tulane University The Tulane University of Louisiana (commonly referred to as Tulane University) is a private research university in New Orleans, Louisiana, United States. Founded as the Medical College of Louisiana in 1834 by a cohort of medical doctors, it b ...

, where he received a

Bachelor of Arts A Bachelor of Arts (abbreviated B.A., BA, A.B. or AB; from the Latin ', ', or ') is the holder of a bachelor's degree awarded for an undergraduate program in the liberal arts, or, in some cases, other disciplines. A Bachelor of Arts deg ...

degree in 1976. He received a JD from the

Tulane University Law School The Tulane University School of Law is the law school of Tulane University. It is located on Tulane's Uptown campus in New Orleans, Louisiana. Established in 1847, it is the 12th oldest law school in the United States. Campus The law schoo ...

in 1979.

Career

Deming began working as an attorney for Murphy Oil in 1979. A decade later, in 1989, he was promoted to president of Murphy Oil USA, its US-based subsidiary. He later served as president of Murphy Oil USA and executive vice president and chief operating officer of Murphy Oil USA. 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. 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 $2,211,250.2008 CEO Compensation for Claiborne P. Deming
, Equilar.com He has served on its board of directors since 1993. Deming serves as the chairman of Murphy Oil. He also serves as senior advisor to TPH Partners, an energy private equity firm. Deming served on the board of directors of

Entergy Entergy Corporation is a Fortune 500 integrated energy company engaged in electric power production and retail distribution operations in the Deep South of the United States. Entergy is headquartered in New Orleans, Louisiana, and generates and ...

from 2002 to 2006. He served as the president of the 25-Year Club of the Petroleum Industry. He serves as the chairman of the National Petroleum Council.

Philanthropy

Deming served as president of the El Dorado Education Foundation. He was a member of the Arkansas State Board of Education from September 1999 to June 2002. 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. He serves on the board of directors of the

Jefferson Scholarship The Jefferson Scholarship is a merit scholarship that provides four years of fully funded study at the University of Virginia in the United States. The scholarship covers tuition and room and board, and also provides money for summer travel, indep ...

at the

University of Virginia The University of Virginia (UVA) is a Public university#United States, public research university in Charlottesville, Virginia, United States. It was founded in 1819 by Thomas Jefferson and contains his The Lawn, Academical Village, a World H ...

. Additionally, he serves on the Board of Trust of

Vanderbilt University Vanderbilt University (informally Vandy or VU) is a private university, private research university in Nashville, Tennessee, United States. Founded in 1873, it was named in honor of shipping and railroad magnate Cornelius Vanderbilt, who provide ...

. , he is one of the largest donors to the university, having donated US$25,000 or above. Deming and his wife have donated US$10,000 to the

Aspen Institute The Aspen Institute is an international nonprofit organization founded in 1949 as the Aspen Institute for Humanistic Studies. It is headquartered in Washington, D.C., but also has a campus in Aspen, Colorado, its original home. Its stated miss ...

Personal life

With his wife Elaine, he resides in

El Dorado, Arkansas El Dorado ( ) is a city in and the county seat of Union County, Arkansas, Union County, on the southern border of Arkansas, United States. According to the 2020 census, the population of the city is 17,755. El Dorado is headquarters of the Ark ...

References

{{DEFAULTSORT:Deming, Claiborne P. Year of birth missing (living people) Living people People from El Dorado, Arkansas Tulane University alumni American lawyers American chief executives of energy companies American chairpersons of corporations Philanthropists from Arkansas Vanderbilt University people