Stephen I. Chazen 65 Chief Executive Officer since 2011 and President since
2007; 2010-2011, Chief Operating Officer; 1999-2010, Chief Financial Officer;
2005-2007, Senior Executive Vice President; Director since 2010.
Dr. Ray R. Irani 77 Executive Chairman since 2011; 1990-2011, Chairman and
Chief Executive Officer; 2005-2007, President; Director since 1984.
Donald P. de Brier 71 Executive Vice President, General Counsel and Secretary
since 1993.
James M. Liener 59 Executive Vice President and Chief Financial Officer since
2010; 2006-2010, Executive Vice President — Finance and Planning.
William E. Albrecht 60 Vice President since 2008; Occidental Oil and Gas Corporation
(OOGC): President — Oxy Oil & Gas, Americas since 2011; OOGC: President
— Oxy Oil & Gas, USA 2008-2011; 2007-2008, Vice President, California
Operations; Noble Royalties, Inc.: 2006-2007, President of Acquisitions and
Divestitures.
Edward A. "Sandy" Lowe 60 Vice President since 2008; OOGC: President
— Oxy Oil & Gas, International Production since 2009; 2008-2009, Executive
Vice President — Oxy Oil & Gas, International Production and Engineering;
2008, Executive Vice President — Oxy Oil & Gas, Major Projects; Dolphin
Energy Ltd.: 2002-2007, Executive Vice President and General Manager.
Roy Pineci 49 Vice President, Controller and Principal Accounting Officer since
2008; 2007-2008, Senior Vice President, Finance — Oil and Gas; 2005-2007,
Vice President — Internal Audit.
B. Chuck Anderson 52 President of Occidental Chemical Corporation since 2006.
Occidental Petroleum Corporation currently has 10412 employees.
News about Occidental Petroleum Corporation Key Personnel |
In a significant move reflective of its commitment to financial fortitude, Occidental Petroleum Corporation (NYSE: OXY) has reported substantial progress in its ongoing debt reduction efforts. On February 18, 2025, the Houston-based energy giant announced that it successfully met its near-term debt repayment target of $4.5 billion by the fourth quarter of 2024. This achievement is further complemented by the company s intention to divest upstream assets worth $1.2 billion—an initiative underscored by recently signed agreements with undisclosed buyers in the first quarter of 2025.Occidental s focus on addressing its debt burden is part of a broader financial realignment strategy aimed at attracting investor...
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Occidental s Debt Reduction and Divestiture Initiatives Leading to Progress
Occidental, a leading energy company, recently announced significant progress in reducing its debt and divestiture initiatives. Through the utilization of robust organic cash flow from operations and proceeds from divestitures, the company achieved a remarkable $3 billion in principal debt reduction in the third quarter of 2024. This achievement showcases Occidental s commitment towards improving its financial standing and addressing its debt concerns.
In terms of financial performance, Occidental Petroleum Corporation exhibited a notable return on assets (ROA) of 7.03% during the second quarter of 2024. This surpassed the ...
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