Occidental Petroleum names Brown SVP, worldwide business development

Oscar K. Brown will join Occidental Petroleum Corp. (NYSE: OXY) as senior vice president, worldwide business development, effective August 9, 2016. Brown brings more than 25 years of energy banking experience to this new role.

"Our strong balance sheet provides us with the flexibility to invest in opportunities to further strengthen our core areas in the Permian Basin, Middle East and Colombia, as well as our chemical and midstream segments. I welcome Oscar to our leadership team and look forward to working with him on this strategic effort," said Vicki Hollub, president and CEO.

Brown joins Occidental from Bank of America Merrill Lynch (BofAML), where he most recently served as managing director and co-head of Americas energy investment banking. Prior to joining BofAML, he worked at Barclays Capital, Lehman Brothers, and Credit Suisse First Boston. He received a bachelor of business administration degree in finance and marketing from the University of Texas at Austin.

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