February 14, 2014 11:00 AM Eastern Time
Former SEC Chairman Elisse B. Walter Elected to
Occidental Petroleum Board of Directors
LOS ANGELES--(BUSINESS WIRE)--Occidental Petroleum Corporation (NYSE:OXY) announced today that the
Hon. Elisse B. Walter, former Chairman of the U.S. Securities and
Exchange Commission (SEC), has been elected to its Board of Directors.
Ms. Walter, 63, was appointed Commissioner of the SEC by President
George W. Bush, and served in that capacity from 2008 until 2013.
President Barack Obama designated her as Chairman of the SEC in December
Ms. Walter spent more than two decades of her distinguished career at
the SEC. She served as Senior Executive Vice President, Regulatory
Policy and Programs, for the Financial Industry Regulatory Authority
(FINRA). She held the same position at the National Association of
Securities Dealers (NASD) before its 2007 consolidation with NYSE Member
Regulation. Earlier in her career, she served as the General Counsel of
the Commodity Futures Trading Commission and as Deputy Director of the
SEC Division of Corporation Finance.
“Chairman Walter’s long and distinguished record of public service in
major leadership roles at key agencies of the federal government has
given her unique insight into both business and government,” said
Ambassador Edward P. Djerejian, Chairman of the Board. “We feel very
fortunate to have her on our Board.”
Among the honors Ms. Walter has received are the Presidential Rank Award
(Distinguished), the ASECA William O. Douglas Award, the SEC Chairman’s
Award for Excellence and the Federal Bar Association’s Philip A. Loomis,
Jr., and Manuel F. Cohen Awards. She is a member of the Academy of Women
Achievers of the YWCA of the City of New York and the inaugural class of
the DirectWomen Institute.
Ms. Walter holds a B.A. in Mathematics, cum laude, from Yale
University and a J.D., cum laude, from Harvard Law School.
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 one of the largest
U.S. oil and gas companies, based on equity market capitalization. Oxy's
wholly owned subsidiary, OxyChem, manufactures and markets chlor-alkali
products and vinyls. Oxy 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.