James Scinta, ConocoPhillips Company, Named Chairman of the Industrial Research Institute

Scinta begins leadership role at IRI’s Annual Meeting in Seattle, Washington

Seattle, WA, May 6, 2010 - Dr. James Scinta, Manager, Heavy Oil, R&D, ConocoPhillips Company (COP) was named Chairman of the Industrial Research Institute (IRI) board of directors yesterday at IRI’s 2010 Annual Meeting held May 3-6 in Seattle. IRI is comprised of innovation executives from a wide range of industries whose organizations invest $100 billion annually in R&D worldwide. “Jim’s leadership skills and strategic planning experience will be invaluable to IRI’s future success and the organization’s executive and staff development,” said Ed Bernstein, IRI president.

Scinta was named to the heavy oil position in 2006 and has responsibility for the evaluation and development of heavy oil related processing technologies. He had served as Manager of Carbon and Hydrocarbon Processes in Downstream Technology from 2002 for COP and in a variety of R&D leadership assignments since 1999. Scinta previously managed several types of plants in Houston, Borger and Puerto Rico. Jim also has had assignments in strategic planning and business development.

Scinta earned a Bachelor of Science degree in chemical engineering from Cornell University, and master’s and doctoral degrees in chemical engineering from the State University of New York at Buffalo. He earned an MBA from National Technological University (now Walden University) in 2002.

Jim is a registered professional engineer in Oklahoma. He is the inventor or co-inventor on 9 U.S. Patents and the author of numerous papers and presentations. Jim has also served as chair of the Industrial Research Institute’s Research-on-Research (ROR) Committee.

As of May 6, J. Stewart Witzeman, director of Eastman Research Division, Eastman Chemical Corporation, becomes IRI’s Past Chairman. Robert J. Kumpf, Senior Vice President, Chief Administrative Officer, Bayer MaterialScience, becomes IRI’s Chairman-elect.

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About the Industrial Research Institute The Industrial Research Institute represents nearly 200 industrial and service organizations that have a common interest in effective management of technological innovation. IRI member companies invest more than $100 billion annually, nearly half of the nation’s privately funded R&D dollars. Spanning diverse industries and competing globally, IRI member companies employ more than 10 million American workers. Together, they generate more than $2 trillion in annual sales, representing a substantial portion of our nation’s gross domestic product. IRI is the only organization providing the R&D community with insights, solutions and best practices in innovation management developed through collaborative knowledge creation. For more information call 703.647.2580 or visit www.iriweb.org.