Occidental
Petroleum Corporation (NYSE: OXY) today announced new executive
management responsibilities following the recent appointment of
leadership for the company’s California Resources Corporation (CRC)
subsidiary.
Effective immediately, the following executives will head key operations
as direct reports to Stephen I. Chazen, President and Chief Executive
Officer of Occidental Petroleum:
WCW (Willie) Chiang – Executive Vice President – Operations
Mr. Chiang joined Occidental from ConocoPhillips in 2012 as Executive
Vice President, Operations, bringing more than 30 years of industry
experience. He will continue to oversee the Midstream businesses,
Worldwide Engineering, Corporate Reserves and the capital allocation
process, adding Supply Chain to his purview. In addition, Mr. Chiang
will assume responsibility for Occidental’s Chemical operations
(OxyChem) and Government Affairs.
Vicki A. Hollub – President, Occidental Oil and Gas – Americas
Ms. Hollub has been Executive Vice President of U.S. Operations,
Occidental Oil and Gas, with responsibility for domestic production,
asset growth and drilling. In her new role she will also oversee the
Latin America operations as well as Worldwide Exploration. Since joining
Occidental in 1981, she has held a variety of technical and leadership
positions, including Executive Vice President of California Operations
and President and General Manager of Oxy Permian.
Edward A. (Sandy) Lowe – President, Occidental Oil and Gas –
International
Mr. Lowe will retain his current responsibility for oil and gas
producing assets in the Middle East region as well as the Major Projects
Development Group, Non-Operated Assets in the Middle East, and
International Drilling functions. During more than 30 years with the
company, Mr. Lowe has held senior leadership roles including Executive
Vice President for Oxy Oil and Gas International Production and
Engineering, and Executive Vice President and General Manager of Dolphin
Energy Ltd.
Staff functional leaders also reporting to Mr. Chazen include the
following executives:
Marcia Backus will continue as Vice President and General
Counsel and assume the roles of Corporate Secretary and Chief Compliance
Officer. Before joining Occidental in 2013, Ms. Backus was a partner at
Vinson & Elkins, heading the law firm’s Energy Transactions/Projects
Practice Group and serving in key leadership positions.
Chris Stavros is appointed Executive Vice President and Chief
Financial Officer (CFO). As CFO, Mr. Stavros will lead the Controller,
Treasury and Tax functions as well as Investor Relations and
Communications and Public Affairs. He has overseen Investor Relations at
Occidental since 2006 and became Vice President, Investor Relations and
Treasurer, in 2012.
Glenn Vangolen is appointed Executive Vice President, Business
Support, with responsibility for the Human Resources, Information
Technology and Health, Environment and Safety functions. Mr. Vangolen’s
career at Occidental spans 30 years, during which he has held leadership
positions in the U.S., Latin America and Middle East — most recently
Senior Vice President – Middle East, since 2010.
Cynthia Walker is appointed Executive Vice President, Strategy
and Development, adding Business Development and Land activities to her
current responsibility for Financial Planning and Analysis. Prior to
joining Occidental in 2012 as Executive Vice President and Chief
Financial Officer, Ms. Walker was with Goldman, Sachs & Co. for 12 years
where she served as Managing Director.
New corporate Vice Presidents have also been appointed: Ioannis A.
Charalambous, Vice President and Chief Information Officer (CIO); Ben
Figlock, Vice President and Treasurer; and Jennifer Kirk,
Vice President and Controller.
“Each of these individuals has made significant contributions to the
company,” said Mr. Chazen. “Their unique strengths and combined
leadership will continue to shape the future of Occidental as we embark
on this new chapter in our history.”
About Occidental Petroleum
Occidental
Petroleum Corporation is an international oil and gas exploration
and production company with operations in the United States, Middle
East/North Africa and Latin America regions. Occidental is one of the
largest U.S. oil and gas companies, based on equity market
capitalization. Occidental’s wholly owned subsidiary OxyChem
manufactures and markets chlor-alkali products and vinyls. Occidental is
committed to safeguarding the environment, protecting the safety and
health of employees and neighboring communities and upholding high
standards of social responsibility in all of the company's worldwide
operations.
Copyright Business Wire 2014