Andrew Gould Elected to Occidental Board of Directors
03 January 2020 - 1:00AM
Business Wire
Occidental Petroleum Corporation (NYSE:OXY) announced today that
Andrew Gould, former Chairman and Chief Executive Officer of
Schlumberger Limited, has been elected to its Board of Directors
effective March 1, 2020.
Mr. Gould has more than 40 years of experience in the oil and
gas industry. From 2003 to 2011, he served as Chairman and Chief
Executive Officer of Schlumberger, a leading oilfield services
company. Mr. Gould began his career at Schlumberger in 1975 in its
Internal Audit department, based in Paris.
“Andrew brings a valuable perspective to the Board through his
extensive experience as a chief executive in the oil and gas
industry,” said Gene L. Batchelder, Chairman of the Board.
“Throughout his long career, he drove significant value creation
while managing a global business. Andrew’s knowledge and decades of
operational and financial leadership in the industry will benefit
the Board and add valuable insight as Occidental continues to focus
on generating returns for shareholders.”
Regarding his appointment to the Board, Mr. Gould stated, “I
have long admired Occidental’s industry position and demonstrated
ability to innovate. Its advanced knowledge of using CO2 in
enhanced oil recovery will be an important element in lowering the
company’s total emissions. I am honored to join the Board during
such an exciting time for the company as it leverages its
operational excellence to extract more value from a world-class
portfolio of assets.”
In addition to his career at Schlumberger, Mr. Gould served as
non-Executive Chairman of BG Group, a multinational oil and gas
company, from 2012 until its sale to Royal Dutch Shell in 2016. He
served as interim Executive Chairman in 2014. He currently serves
as a member of the Board of Directors of Saudi Aramco, a leading
global energy company, and BJ Services, a private oilfield services
company. Mr. Gould has an undergraduate degree in Economic History
from Cardiff University and qualified as a Chartered Accountant
with the Institute of Chartered Accountants in England and
Wales.
About
Occidental
Occidental is an international oil and gas exploration and
production company with operations in the United States, Middle
East and Latin America. We are the leading producer and largest
acreage holder in the Permian Basin. Occidental is advancing a
lower-carbon future with our subsidiary Oxy Low Carbon Ventures,
which promotes innovative technologies that drive cost efficiencies
and economically grow our business while reducing emissions. We
also have a marketing and midstream business and WES Midstream,
which includes Western Midstream Partners, LP. OxyChem, our
chemical subsidiary, is among the top three U.S. producers for the
principal products it manufactures and markets. Occidental posts or
provides links to important information on our website at
oxy.com.
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Media: Melissa E. Schoeb 713-366-5615 melissa_schoeb@oxy.com
or
Investors: Jeff Alvarez 713-215-7864 jeff_alvarez@oxy.com
On the web: oxy.com
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