leadership
confidence high
sentiment neutral
materiality 0.50
Occidental promotes Richard A. Jackson to COO, effective Oct 1, 2025
OCCIDENTAL PETROLEUM CORP /DE/
- Jackson named Senior VP & COO; oversees global oil & gas, low-carbon tech, midstream, marketing, HSE.
- Base salary increased to $925,000; target annual cash incentive also $925,000 for 2025.
- Granted $1,500,000 in RSUs vesting in equal annual installments over three years.
- Jackson has been with Occidental since 2003; previously President of U.S. Onshore Resources and Carbon Management.
- Continues reporting to CEO Vicki Hollub; no predecessor noted for the COO role.