Occidental Petroleum Corporation
HOUSTON, March 23, 2022 (Globe Newswire) — Occidental (NYSE: OXY) today announced that it has appointed Vicky A. Bailey, President of Anderson Stratton International, LLC (ASI) and a former equity partner of BHMM Energy Services, LLC. has gone. Elected to the Board of Directors with effect from March 22, 2022.
Ms. Bailey has over 35 years of experience in the energy sector. In addition to her role as president of ASI, a strategic consulting and government relations unit, she was a founding partner in BHMM Energy Services, a certified minority-owned energy facility management company designed to manage a central power plant at the Indianapolis Airport Midfield Terminal. was contracted for. , from 2006 to 2013. Ms. Bailey also served as Assistant Secretary of State for Domestic Policy and International Affairs at the US Department of Energy from 2001 to 2004. She was a commissioner and a commissioner on the Federal Energy Regulatory Commission from 1993 to 2000. Indiana Utility Regulatory Commission from 1986 to 1993.
“Vicky brings to the Occidental Board a distinguished career spanning 35 years in the public and private energy sectors that will help deliver value to our shareholders,” said Board Chairman Steve Chazen. “Throughout his career, he focused on energy policy development and implementation, provided strategic guidance to energy companies as a board member, and strengthened relationships with other countries to promote energy security.”
Regarding her appointment to the board, Ms. Bailey said, “This is an important time to join Occidental as the company continues to advance its path to Net Zero. I am honored and excited to serve on the Occidental Board The business is expanding, standing up. Leading, carbon-reducing technologies, products and services.”
Ms. Bailey is currently a board member with Cheniere Energy, Equitrans Midstream Corporation, PNM Resources, and previously with EQT Corporation. He has also served as Vice President of the International Energy Agency and as the US Representative, working with all energy producing countries. Domestically, Bailey oversaw the development and implementation of energy policy in clean coal technologies, nuclear power, crude oil production, natural gas development and LNG production. Previously, it was Indiana’s largest electric utility and a subsidiary of Synergy Corp. (now Duke Energy), PSI Energy, Inc. was the chairman. Ms. Bailey holds a Bachelor of Science in Industrial Management from Purdue University’s Crannert School of Management and completed the Advanced Management Program at the Wharton School of the University of Pennsylvania.
Occidental is an international energy company with assets primarily in the United States, the Middle East and North Africa. We are one of the largest oil producers in the US, including leading producers in the Permian and DJ Basins and offshore Gulf of Mexico. Our midstream and marketing segments provide flow assurance and maximize the value of our oil and gas. Our chemical subsidiary, Oxichem, manufactures the building blocks for life-extending products. Our Oxy Low Carbon Ventures subsidiary is driving leading-edge technologies and business solutions that grow our business economically while reducing emissions. We are committed to using our global leadership in carbon management to advance a low carbon world. For more information visit oxy.com.