Occidental Petroleum promotes Hollub to president and COO

Occidental Petroleum Corp. (NYSE: OXY) has promoted Vicki A. Hollub to president and COO, and has appointed her to the board of directors. She will succeed Stephen I. Chazen as Occidental’s CEO, effective at the company’s 2016 annual shareholder meeting.

Earlier this year, Hollub was appointed senior executive vice president of Occidental and president of Oxy Oil and Gas.

Occidental’s board of directors also announced that Chazen will be nominated to the board for an additional term following his service as the company’s CEO.

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