Occidental Petroleum Corp. (OXY) said FRiday that its Board of Directors has elected Eugene Batchelder non-executive Chairman, succeeding Ambassador Edward Djerejian, who has retired from the Board.
Batchelder, 67, joined the Occidental Board as an independent director in 2013, and has been serving as a member of the Audit; Environment, Health and Safety; and Management Succession and Talent Development committees. He has more than 40 years of experience in the energy industry, including two decades in senior management, most recently at ConocoPhillips, where he served until his retirement in 2012.
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Business News
May 15, 2026 15:25 ET Apart from the confirmation of Kevin Warsh as the next Fed chair, the main news on the economics front this week included key price data from the U.S. and the first quarter economic growth figures from major economies. Both consumer prices and producer costs have started to reflect the effect of supply shocks due to the Middle East conflict. In Europe, GDP data was in focus, while inflation data from China dominated the news flow in Asia.