Capital Group Asset Firm Hires Ex-Marathon Oil General Counsel

Capital Group Cos. Inc., has hired Reginald Hedgebeth, Marathon Oil Corp.‘s former general counsel, as its first chief legal officer.

Hedgebeth, replaced last month at Marathon Oil by Kimberly Warnica, stepped down in December from the Houston-based oil and gas company that hired him in 2017.

He joined the Capital Group two weeks ago as its top in-house lawyer, a spokesman for the Los Angeles-based asset manager confirmed to Bloomberg Law.

Hedgebeth didn’t respond to a request for comment about his move to the Capital Group, which operates dozens of mutual funds through its American Funds Distributors subsidiary, according ...