Occidental Petroleum Corporation Names Cynthia L. Walker Executive Vice President and Chief Financial Officer

20.07.2012  |  Business Wire

Occidental
Petroleum Corporation (NYSE:OXY) today announced the appointment of
Cynthia L. Walker as Executive Vice President and Chief Financial
Officer, effective August 6, 2012. Ms. Walker will assume the position
from James M. Lienert, who has been Occidental′s Chief Financial Officer
for the past two years. Mr. Lienert will continue with the Company as
Executive Vice President ? Business Support.

Ms. Walker, 35,has most recently served as Managing Director at
Goldman, Sachs & Co., where she enjoyed a 12-year career. While at
Goldman Sachs, Ms. Walker provided clients with strategic advice in
high-profile energy industry transactions as a senior member of the
Global Natural Resources Group located in Houston. She was also a member
of the Mergers and Acquisitions Group.

Stephen I. Chazen, President and Chief Executive Officer of Occidental,
noted, 'We feel very fortunate that an executive of Ms. Walker′s caliber
is joining the ranks of our senior management. Ms. Walker has extensive
experience in mergers and acquisitions and finance at one of the world′s
top global investment banking and securities firms and with a specific
focus on the upstream oil and gas industry. As a result of her
background in these areas, she is tailor made to serve as our CFO. I
very much look forward to working with her. I also want to thank Jim for
his many accomplishments and I am pleased that he will continue to
contribute to the Company′s success through his leadership of our Supply
Chain and Information Technology organizations.?

Ms. Walker holds a Bachelor of Business Administration in Accounting
with High Honors from the University of Texas at Austin.

About Oxy

Occidental
Petroleum Corporation (OXY) 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. 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.