Occidental Petroleum Management

Management criteria checks 3/4

Occidental Petroleum's CEO is Vicki Hollub, appointed in Dec 2015, has a tenure of 8.92 years. total yearly compensation is $17.74M, comprised of 8.3% salary and 91.7% bonuses, including company stock and options. directly owns 0.075% of the company’s shares, worth €35.10M. The average tenure of the management team and the board of directors is 4.1 years and 6.8 years respectively.

Key information

Vicki Hollub

Chief executive officer

US$17.7m

Total compensation

CEO salary percentage	8.3%
CEO tenure	8.9yrs
CEO ownership	0.07%
Management average tenure	4.1yrs
Board average tenure	6.8yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Vicki Hollub's remuneration changed compared to Occidental Petroleum's earnings?
Date	Total Compensation	Salary	Company Earnings
Sep 30 2024	n/a	n/a	US$4b
Jun 30 2024	n/a	n/a	US$4b
Mar 31 2024	n/a	n/a	US$3b
Dec 31 2023	US$18m	US$1m	US$4b
Sep 30 2023	n/a	n/a	US$4b
Jun 30 2023	n/a	n/a	US$6b
Mar 31 2023	n/a	n/a	US$9b
Dec 31 2022	US$15m	US$1m	US$12b
Sep 30 2022	n/a	n/a	US$12b
Jun 30 2022	n/a	n/a	US$10b
Mar 31 2022	n/a	n/a	US$7b
Dec 31 2021	US$11m	US$1m	US$2b
Sep 30 2021	n/a	n/a	-US$721m
Jun 30 2021	n/a	n/a	-US$5b
Mar 31 2021	n/a	n/a	-US$12b
Dec 31 2020	US$14m	US$617k	-US$14b
Sep 30 2020	n/a	n/a	-US$14b
Jun 30 2020	n/a	n/a	-US$11b
Mar 31 2020	n/a	n/a	-US$4b
Dec 31 2019	US$16m	US$1m	-US$970m
Sep 30 2019	n/a	n/a	US$1b
Jun 30 2019	n/a	n/a	US$4b
Mar 31 2019	n/a	n/a	US$4b
Dec 31 2018	US$14m	US$1m	US$4b
Sep 30 2018	n/a	n/a	US$4b
Jun 30 2018	n/a	n/a	US$2b
Mar 31 2018	n/a	n/a	US$2b
Dec 31 2017	US$13m	US$1m	US$1b

Compensation vs Market: Vicki's total compensation ($USD17.74M) is above average for companies of similar size in the German market ($USD4.77M).

Compensation vs Earnings: Vicki's compensation has been consistent with company performance over the past year.

CEO

Vicki Hollub (64 yo)

8.9yrs

Tenure

US$17,735,019

Compensation

Ms. Vicki A. Hollub is serving as the President and Chief Executive Officer at Occidental Petroleum Corporation since December 10, 2015 and April 29, 2016 respectively. Ms. Hollub serves as the Chairwoman...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Vicki Hollub	President	8.9yrs	US$17.74m	0.075% € 35.1m
Sunil Mathew	Senior VP & CFO	1.3yrs	US$5.49m	0.013% € 6.0m
Robert Peterson	Executive Vice President of Essential Chemistry	no data	US$5.58m	0.022% € 10.1m
Richard Jackson	Senior VP and President of Operations - U.S. Onshore Resources & Carbon Management	4.1yrs	US$6.05m	0.018% € 8.6m
Kenneth Dillon	Senior VP and President of International Oil & Gas Operations	8.4yrs	US$6.15m	0.027% € 12.7m
Jeff Simmons	Senior VP of Technical & Operations Support and CPTO	no data	US$5.79m	0.025% € 11.6m
Christopher Champion	VP, Chief Accounting Officer & Controller	5.3yrs	US$3.46m	0.0085% € 4.0m
Ioannis Charalambous	Chief Information Officer & VP	10.3yrs	no data	no data
Jordan Tanner	Vice President of Investor Relations	less than a year	no data	no data
Nicole Clark	VP, Deputy General Counsel	1.5yrs	no data	no data
Sylvia Kerrigan	Senior VP & Chief Legal Officer	2.1yrs	no data	0.0030% € 1.4m
Darin Moss	Vice President of Human Resources	no data	no data	no data

4.1yrs

Average Tenure

54yo

Average Age

Experienced Management: OPC's management team is considered experienced (4.1 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Vicki Hollub	President	8.9yrs	US$17.74m	0.075% € 35.1m
Carlos Gutierrez	Independent Director	15.3yrs	US$310.05k	0.0031% € 1.4m
Andrew F. Gould	Independent Director	4.7yrs	US$335.05k	0.0038% € 1.8m
William Klesse	Independent Director	11.1yrs	US$335.05k	0.019% € 9.1m
Avedick Poladian	Independent Director	16.8yrs	US$335.05k	0.0080% € 3.7m
Jack Moore	Independent Chairman	8.3yrs	US$475.01k	0.0065% € 3.0m
Vicky Bailey	Independent Director	2.7yrs	US$310.05k	0.00092% € 430.5k
Robert Shearer	Independent Director	5.3yrs	US$335.05k	0.0061% € 2.8m
Kenneth Robinson	Independent Director	1.8yrs	US$325.06k	0.00072% € 336.9k
Claire O'Neill	Independent Director	1.8yrs	US$367.56k	0.00071% € 332.2k

6.8yrs

Average Tenure

70.5yo

Average Age

Experienced Board: OPC's board of directors are considered experienced (6.8 years average tenure).

Occidental Petroleum Management

Management criteria checks 3/4

Key information

Recent management updates

Occidental Petroleum Corporation, Annual General Meeting, May 02, 2024

High number of new directors

Occidental Petroleum Corporation Elects Claire O'neill to Board of Directors

Marcia E. Backus to Step Down as Senior Vice President, General Counsel and Chief Compliance Officer of Occidental Petroleum Corporation Effective December 31, 2022

Recent updates

Third quarter 2024 earnings released: EPS: US$1.03 (vs US$1.30 in 3Q 2023)

Second quarter dividend of US$0.22 announced

Occidental Declares Regular Quarterly Dividend, Payable on January 15, 2025

Occidental Petroleum Corporation to Report Q3, 2024 Results on Nov 12, 2024

Permian Resources Corporation (NYSE:PR) completed the acquisition of Core Delaware Basin Assets from Occidental Petroleum Corporation.

Upcoming dividend of US$0.22 per share

Occidental Petroleum Corporation has filed a Follow-on Equity Offering.

Occidental Petroleum Corporation has filed a Follow-on Equity Offering.

Second quarter 2024 earnings released: EPS: US$1.10 (vs US$0.68 in 2Q 2023)

New minor risk - Shareholder dilution

Occidental Petroleum Corporation (NYSE:OXY) completed the acquisition of CrownRock, L.P. from CrownRock Holdings, L.P. and CrownRock GP, LLC for $12.3 billion.

First quarter dividend of US$0.22 announced

Occidental Reportedly Near Deal to Sell Barilla Draw Assets to Permian

Occidental Announces Quarterly Dividend, Payable on October 15, 2024

Ecopetrol Group Reports on Ongoing Negotiations with Occidental Petroleum

Occidental Petroleum Corporation to Report Q2, 2024 Results on Aug 07, 2024

Upcoming dividend of US$0.22 per share

First quarter 2024 earnings released: EPS: US$0.60 (vs US$1.08 in 1Q 2023)

Fourth quarter dividend of US$0.22 announced

Occidental Reportedly Explores Sale of Permian Assets Worth over $1 Billion

Occidental Announces Quarterly Dividend, Payable on July 15, 2024

Occidental Petroleum Corporation to Report Q1, 2024 Results on May 07, 2024

Occidental Petroleum Corporation, Annual General Meeting, May 02, 2024

Upcoming dividend of US$0.22 per share

Full year 2023 earnings released: EPS: US$4.22 (vs US$13.41 in FY 2022)

Third quarter dividend of US$0.22 announced

Occidental Declares Quarterly Dividend, Payable on April 15, 2024

Occidental Petroleum Corporation to Report Q4, 2023 Results on Feb 14, 2024

Upcoming dividend of US$0.18 per share at 1.2% yield

Occidental Petroleum Reportedly in Talks to Buy Permian Producer Crownrock

Third quarter 2023 earnings released: EPS: US$1.30 (vs US$2.74 in 3Q 2022)

Occidental Declares a Regular Quarterly Dividend, Payable on January 16, 2024

Occidental Petroleum Corporation to Report Q3, 2023 Results on Nov 07, 2023

Upcoming dividend of US$0.18 per share at 1.1% yield

New minor risk - Profit margin trend

Second quarter 2023 earnings released: EPS: US$0.68 (vs US$3.76 in 2Q 2022)

Occidental Petroleum Corporation Raises Production Guidance for the Full Year 2023

Occidental Petroleum Corporation Declares Regular Quarterly Dividend, Payable on October 13, 2023

Occidental Petroleum Corporation Declares Regular Quarterly Dividend, Payable on October 13, 2023

Now 21% undervalued after recent price drop

Occidental Petroleum Corporation to Report Q2, 2023 Results on Aug 02, 2023

Occidental Petroleum Corporation(NYSE:OXY) dropped from Russell 1000 Growth Index

Now 20% undervalued

Upcoming dividend of US$0.18 per share at 1.2% yield

Now 20% undervalued after recent price drop

Now 19% undervalued after recent price drop

First quarter 2023 earnings released: EPS: US$1.08 (vs US$4.96 in 1Q 2022)

Warren Buffett Says Berkshire Not Planning to Buy Occidental Petroleum

Occidental Petroleum Corporation Announces Regular Quarterly Dividend, Payable on July 14, 2023

Full year 2022 earnings released: EPS: US$13.41 (vs US$2.12 in FY 2021)

High number of new directors

Occidental Petroleum Corporation Elects Claire O'neill to Board of Directors

Occidental Petroleum Corporation to Report Q4, 2022 Results on Feb 27, 2023

Upcoming dividend of US$0.13 per share

Third quarter 2022 earnings released: EPS: US$2.74 (vs US$0.67 in 3Q 2021)

Occidental Announces Quarterly Dividend, Payable on January 17, 2023

Occidental Petroleum Corporation to Report Q3, 2022 Results on Nov 08, 2022

Marcia E. Backus to Step Down as Senior Vice President, General Counsel and Chief Compliance Officer of Occidental Petroleum Corporation Effective December 31, 2022

Upcoming dividend of US$0.13 per share

Investor sentiment improved over the past week

Occidental Petroleum Corporation Provides Production Guidance for the Second Half of 2022

Second quarter 2022 earnings released: EPS: US$3.76 (vs US$0.10 loss in 2Q 2021)

Occidental Announces Quarterly Dividend, Payable on October 17, 2022

Occidental Petroleum Corporation to Report Q2, 2022 Results on Aug 02, 2022

CEO Compensation Analysis

CEO

Tenure

Compensation

Leadership Team

Average Tenure

Average Age