Occidental Petroleum CEO Vicki Hollub to Retire, Replaced by COO Richard Jackson
Occidental Petroleum revealed that CEO Vicki Hollub will step down on June 1, concluding her over 40-year tenure with the Houston oil company. Richard Jackson, the current Chief Operating Officer and an insider at the firm, will take over her position. This change in leadership signifies a notable shift for the company as it continues to adapt to the challenges of the energy transition and fluctuating oil markets.
Key facts
- Vicki Hollub is retiring as CEO of Occidental Petroleum.
- Richard Jackson, current COO, will become CEO on June 1.
- Hollub's career at Occidental spanned over 40 years.
- Occidental Petroleum is headquartered in Houston.
- The succession involves an internal promotion.
Entities
Institutions
- Occidental Petroleum
Locations
- Houston
Sources
- Quartz —