logo
Share SHARE
FONT-SIZE Plus   Neg

Occidental Petroleum Says Steve Chazen To Continue As CEO Through End Of '14

Occidental Petroleum Corporation (OXY) Monday said Steve Chazen will continue to serve as Chief Executive Officer through the end of 2014 with the Board's full support. Chazen is expected to immediately assume responsibility for all of the company's operations, including Oxy's international operations.

Commenting on the development, Steve Chazen, Chief Executive Officer said, "Today's announcement is consistent with my personal plans...The Board and I have discussed the importance of identifying new leadership for the next decade. I support the Board and its efforts to move forward on succession and corporate governance issues and look forward to working with them to effect an orderly transition."

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Quick Facts

Editors Pick
Delta Air Lines Inc. (DAL) pilots, represented by the Air Line Pilots Association International, are picketing on Friday at several airports across the country. The pilots said the picketing was to raise the sense of urgency in ongoing contract negotiations. The negotiations between the pilots... Charter Communications, and its recently acquired subsidiary Time Warner Cable, have been regularly overcharging its consumers to a tune of $7.2 million per year, according to a report from the U.S. Senate's Permanent Subcommittee on Investigations. According to the report, Time Warner Cable over-billed... Popular photo sharing network Instagram is adding a new translation button on its pages, so that the global crowd can read and enjoy the captions and comments given for the photographs uploaded. The new update will be available from next month onward.
comments powered by Disqus
Follow RTT