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Occidental & Carl Icahn Reach Agreement to Name Three Directors to Board

By Criterion Research
March 25, 2020 -

Occidental and activity investor Carl Icahn have reached an agreement whereby Icahn will appoint three members to the Board.  He has chosen  Andrew Langham, Nicholas Graziano and Margarita Paláu-Hernández to replace Spencer Abraham, Eugene Batchelder, Margaret M. Foran and Elisse B. Walter.

Icahn commented that "We believe Oxy is a good company with good assets.  We are pleased to have reached this settlement and can now focus on working with Steve Chazen to enhance value for all Oxy stockholders."


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