secwatch.observer — SEC 8-K summary
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Issuer:     OCCIDENTAL PETROLEUM CORP /DE/ (OXY)
CIK:        0000797468
Form:       8-K
Filed at:   2023-02-22T23:59:59+00:00
Accession:  0000797468-23-000005
Event type: leadership
Sentiment:  neutral
Materiality: 0.30
Item codes: 5.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Occidental elects Ken Robinson to board; adopts executive retirement policy
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- Ken Robinson, former Exelon SVP and P&G executive, elected to board effective Feb 16, 2023.
- Board size increased from 9 to 10 directors to accommodate Robinson.
- New Retirement Policy for executives: accelerated LTI vesting and pro-rated bonus upon eligible retirement (age 60+ and 10 years service).
- Robinson also serves on boards of Abercrombie & Fitch, Paylocity, Morgan Stanley U.S. Banks, and IFRS Foundation trustee.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/797468/000079746823000005/0000797468-23-000005-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/797468/000079746823000005/oxy-20230215.htm
  HTML page:      https://secwatch.observer/filing/0000797468-23-000005

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer