Oxy Elects Former Schlumberger CEO to Board
Occidental Petroleum Corporation on Thursday announced the election of former Schlumberger Ltd. CEO Andrew Gould to its board of directors.
Gould comes with more than four decades of oil and gas industry experience, which includes titles as chairman and CEO of Schlumberger from 2003-2011; non-executive chairman of BG Group from 2012 to 2016; and a current member of Saudi Aramco’s board of directors as well as BJ Services.
“Andrew brings a valuable perspective to the board through his extensive experience as a chief executive in the oil and gas industry,” said Gene Batchelder, Occidental’s 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.”
Gould said he’s long admired Occidental’s position in the industry as well as the company’s 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,” said Gould. “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.”
Gould’s appointment will be effective March 1, 2020.
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