LOS ANGELES--(BUSINESS WIRE)--Occidental Petroleum Corporation (NYSE:OXY) announced today that R.
Casey Olson, Executive Vice President, and President of Oxy Oil and Gas
- International, has elected to retire. Mr. Olson has been with the
company for 12 years.
Commenting on Mr. Olson's retirement, Occidental Chairman and Chief
Executive Officer, Dr. Ray R. Irani said, "Casey has advised me that he
wishes to retire to pursue his long-standing interests in promoting
educational opportunities for international students. Casey has been an
important member of our international team and has made substantial
contributions in many areas to the profitable growth of our oil and gas
business. This is particularly true in the Middle East and North Africa
where Oxy has added major new projects including Dolphin in Qatar and
Abu Dhabi, as well as large-scale field developments in Oman, Bahrain,
and Libya in recent years. We thank him for his leadership in these
areas and wish him well in his retirement."
Between now and year-end, Mr. Olson will continue as an Occidental
Petroleum Corporation Executive Vice President and assist in the
completion of a number of pending projects. Occidental organizations
currently reporting to Mr. Olson will be realigned within the company.
About Oxy
Occidental Petroleum Corporation is an international oil and gas
exploration and production company with operations in the United States,
Middle East/North Africa and Latin America regions. Oxy is the fourth
largest U.S. oil and gas company, based on equity market capitalization.
Oxy's wholly owned subsidiary, OxyChem, manufactures and markets
chlor-alkali products and vinyls. Occidental is committed to
safeguarding the environment, protecting the safety and health of
employees and neighboring communities and upholding high standards of
social responsibility in all of the company's worldwide operations.