HOUSTON--(BUSINESS WIRE)--Jul. 14, 2016--
Halliburton (NYSE: HAL) announced today that William E. Albrecht has
been named to the company’s board of directors. The appointment was
effective July 12, 2016, and Albrecht will stand for election by
stockholders at the annual meeting in May 2017.
Albrecht currently serves as Non-Executive Chairman of the Board of
California Resources Corporation. He was Executive Chairman of
California Resources from 2014 to 2016. He also serves on the board of
the Rowan Companies.
Albrecht has more than 35 years of experience in the domestic oil and
gas industry. He previously served as Vice President of Occidental
Petroleum Corporation from 2008 to 2014 and as President, Oxy Oil & Gas,
Americas from 2012 to 2014. He also served as President - Oxy Oil & Gas,
USA from 2008 to 2012.
Albrecht holds a Master of Science degree from the University of
Southern California and a Bachelor of Science degree from the United
States Military Academy.
“Bill brings a wealth of oil and gas knowledge to the Halliburton
board,” said Dave Lesar, Halliburton chairman and CEO. “His leadership
and experience in the energy industry will be extremely beneficial to
Halliburton as we strengthen and grow our worldwide operations.”
Albrecht joins current Halliburton board members Abdulaziz F. Al
Khayyal, Alan M. Bennett, James R. Boyd, Milton Carroll, Nance K.
Dicciani, Murry S. Gerber, José C. Grubisich, David J. Lesar, Robert A.
Malone, J. Landis Martin, Jeffrey A. Miller and Debra L. Reed.
The board also declared a 2016 third quarter dividend of eighteen cents
($0.18) a share on the company’s common stock payable September 28,
2016, to stockholders of record at the close of business on September 7,
2016.
About Halliburton
Founded in 1919, Halliburton is one of the world's largest providers of
products and services to the energy industry. With over 50,000
employees, representing 140 nationalities and operations in
approximately 70 countries, the company serves the upstream oil and gas
industry throughout the lifecycle of the reservoir - from locating
hydrocarbons and managing geological data, to drilling and formation
evaluation, well construction and completion, and optimizing production
through the life of the field. Visit the company’s website at www.halliburton.com.
Connect with Halliburton on Facebook, Twitter, LinkedIn, and
YouTube.
View source version on businesswire.com: http://www.businesswire.com/news/home/20160714006400/en/
Source: Halliburton
Halliburton
For Investors:
Lance Loeffler,
281-871-2688
Halliburton, Investor Relations
Investors@Halliburton.com
or
For
Media:
Emily Mir, 281-871-2601
Halliburton, Public
Relations
PR@Halliburton.com
