Director of Procurement

Overview:

Diversified Energy Company is a U.S.-based independent energy company listed on the New York Stock Exchange (NYSE) and London Stock Exchange (LSE) under the ticker symbol "DEC." Headquartered in Birmingham, Alabama, Diversified acquires, operates and optimizes long-life natural gas and oil assets, supported by integrated midstream and marketing operations. Our disciplined approach focuses on improving the environmental and operational performance of the assets we operate and, at the end of their productive lives, retiring them safely and responsibly. With field operations across major energy-producing regions of the United States, our teams are committed to safe, efficient and responsible operations.

Responsibilities:

POSITION SUMMARY & RESPONSIBILIES:

We are seeking an accomplished Director of Procurement to provide strategic leadership and oversight of procurement operations within the oil and gas industry. Reporting directly to the Vice President of Operations, this position will lead the procurement team and oversee approximately $300 to $500 million in annual operational spend, ensuring financial accountability, operational efficiency, and alignment with company goals.

The successful candidate will bring extensive industry expertise, strong commercial judgment, and a proven track record of delivering measurable results. This leadership position requires the ability to execute effective procurement strategies, manage significant financial responsibilities, and establish clear performance and accountability standards across the procurement function.

Key Duties and Responsibilities

- Develop and execute procurement strategies that support operational priorities, financial objectives, and long-term business growth. - Lead, develop, and oversee the procurement team, establishing clear performance expectations, measurable goals, and accountability standards. - Manage approximately $300 - $500 million in annual operational spend, ensuring effective cost controls, strategic sourcing, and responsible financial stewardship. - Oversee supplier/vendor selection, contract negotiations, vendor relationships, and procurement activities to maximize value and operational reliability. - Identify and implement cost optimization initiatives while maintaining quality, safety, and service standards. - Establish and monitor key performance indicators (KPIs) to evaluate procurement effectiveness, supplier performance, cost savings, and operational outcomes. - Collaborate with executive leadership and operational teams to forecast procurement needs, mitigate supply chain risks, and support critical business initiatives. - Ensure adherence to procurement policies, contractual obligations, internal controls, and applicable regulatory requirements. - Drive process improvements that strengthen purchasing efficiency, transparency, reporting, and organizational accountability. Qualifications:

POSITION REQUIREMENTS:

- Bachelor’s degree in Supply Chain Management, Business Administration, Finance, or a related field; equivalent relevant experience may be considered. - Minimum of 10 years of progressive procurement or supply chain experience, including significant experience within the oil and gas industry and or energy sector. - At least five years of demonstrated leadership experience managing procurement teams and complex sourcing operations. - Proven experience overseeing substantial procurement expenditures, negotiating high-value contracts, and delivering measurable financial and operational improvements. - Strong financial acumen, strategic decision-making, negotiation skills, and executive-level communication. - Demonstrated ability to establish performance standards, hold teams accountable, and consistently achieve defined business objectives.

Leadership and Performance Expectations

This position requires a proven leader who can manage a high-performing procurement function with a strong emphasis on financial discipline, operational effectiveness, and measurable accountability. Performance will be evaluated through established objectives, including cost savings, budget management, supplier performance, procurement efficiencies, and team effectiveness.

The Director of Procurement is expected to exercise independent judgment, maintain the highest standards of professional integrity, and consistently translate strategic priorities into measurable business results.

Work Location and Travel

This position will be based in Houston, Texas . Some travel may be required to company facilities, operational sites, supplier locations, and business meetings based on organizational needs.

Office Physical Requirements and Working Conditions:

- Prolonged periods working at a desk in front of a computer.

Additional Requirements:

- Must be able to lift up to 15 pounds at a time.