Richard A. Jackson, who joined Occidental in 2003 and most recently was senior vice president and COO, has been named president and CEO effective June 1. He succeeds Vicki A. Hollub, who is retiring after serving as CEO since 2016. Occidental’s Board of Directors announced the appointments May 1. Chairman Jack Moore said, “Richard is the right leader to guide the company into its next phase of our strategy. I want to thank Vicki for her exceptional leadership and transformative contributions to Occidental.”
Jackson also was appointed to the board of directors, and Hollub will continue to serve on the board, where she has held membership since 2015. She said, “We now have the best portfolio and the best technical expertise in Occidental’s history. With this strong foundation in place, a clear path forward and a leader like Richard, who has the experience and vision to elevate Occidental, now is the right time for this transition.”
In his 23-year career at Oxy, Jackson has served as general manager of the Permian Delaware Basin, president of U.S. onshore oil and gas, and vice president of drilling Americas. Hollub, 66, succeeded Stephen I. Chazen to become the first woman to lead a major U.S. oil and gas company.
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