Who is succeeding Vicki Hollub as CEO of Occidental Petroleum, and what is his background?

Richard Jackson, Occidental's current chief operating officer, will succeed Vicki Hollub as CEO. He joined the company in 2003 and will join the board effective June 1.

What were the defining strategic moves during Vicki Hollub's tenure as CEO of Occidental Petroleum?

Hollub's tenure was defined by the debt-fueled 2019 acquisition of Anadarko Petroleum, which triggered a multi-year transformation focused on debt reduction, asset sales, and operational discipline; later moves included the $12 billion purchase of CrownRock in 2024 and the $9.7 billion divestment of the chemicals business at the start of this year.

Occidental Petroleum CEO Vicki Hollub to Step Down

May 1, 2026

Occidental Petroleum announced CEO Vicki Hollub will retire next month, succeeded by COO Richard Jackson, following a tenure marked by major acquisitions and the recent $9.7 billion sale of its chemicals business.

reuters

2026-05-01

Occidental Petroleum CEO Vicki Hollub to Step Down

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