04-18-2008
Occidental Petroleum Corporation
announces that William E. Albrecht has been named President, Oxy Oil and Gas,
USA reporting to Chairman and Chief Executive Officer Dr. Ray R. Irani.
Commenting on Mr. Albrecht's promotion, Dr. Irani said "Bill's primary focus
will be to optimize the operational effectiveness and business returns of our
significant U.S. holdings and assets. This assignment will take advantage of
Bill's extensive oil industry experience."
Replacing and reporting to Mr. Albrecht as Oxy Oil and Gas Vice President,
California Operations, is Todd A. Stevens. Mr. Stevens has been instrumental in
leading Occidental's mergers and acquisitions team and will continue as
Occidental Petroleum Corporation Vice President, Acquisitions and Corporate
Finance, until a replacement has been named.
Prior to his current assignment, Mr. Stevens held a series of progressively
significant finance roles during his 13-year Oxy career.
Both Mr. Albrecht and Mr. Stevens are United States Military Academy graduates,
with Masters degrees from the University of Southern California.