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Occidental Petroleum Names Vicki A. Hollub Chief Executive Officer

HOUSTON, Apr 29, 2016 (BUSINESS WIRE) -- Occidental Petroleum Corporation OXY, +0.55% announced today that its Board of Directors has named Vicki A. Hollub the company’s President and Chief Executive Officer, completing the previously disclosed succession plan. Ms. Hollub succeeds Stephen I. Chazen, who stepped down as CEO following the company’s annual shareholder meeting. Ms. Hollub was elected to the Board of Directors in December 2015.

“Vicki is a proven and respected leader with extensive knowledge and command of Occidental’s business, and she has the strategic vision necessary to make Occidental the top performing and safest company in our industry. The Board looks forward to working with Vicki in her new role to enhance value for our shareholders,” said Eugene L. Batchelder, Chairman of the Board.

“We are...


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