Halliburton elects new CEO

Halliburton Company has elected Jeff Miller, the company’s president and a board member, to the position of president and CEO. Dave Lesar, who has led Halliburton as chairman and CEO since 2000, will continue serving the company as executive chairman. The leadership changes are effective June 1, 2017.

Miller will provide the day-to-day leadership and management of the company. He will also be responsible for the planning and execution of Halliburton’s strategic direction, financial objectives, and technology development along with Halliburton's management team who will report directly to him. As executive chairman, Lesar will continue to play an important leadership role focusing on the strategic direction of the company, advising the Halliburton management team and transitioning CEO responsibilities to Miller who will then continue reporting to Lesar.

Lesar has entered into a new executive employment agreement that provides that he will continue as executive chairman through mandatory retirement on December 31, 2018, and contains a four year non-compete. Lesar joined Halliburton in 1993 and has served the company in a variety of roles. He has served as chairman and CEO since 2000. He served as president and chief operating officer of Halliburton from June 1997 to August 2000, and continued as president until August 2014. Previously he was executive vice president and CFO of Halliburton, and executive vice president of Finance and Administration for Halliburton Energy Services, a Halliburton business unit. Lesar holds a bachelor’s degree and an MBA from University of Wisconsin.

Miller joined Halliburton in 1997 and has since served in several leadership roles, including COO until 2014 when he was named president and was appointed to the Halliburton Board of Directors. Miller holds a bachelor’s degree from McNeese State University in Louisiana, and an MBA from Texas A&M University. He is a certified public accountant, a member of the Advisory Council for Texas A&M University Dwight Look College of Engineering, and a member of the board of directors for Atwood Oceanics Inc.



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