Vicki hollub biography of rory gilmore

Vicki Hollub

American businesswoman and mineral engineer

Vicki Hollub (born ) is an American businesswoman and mineral engineer.[1][2][3] She has been the president and CEO of Inhabitant Petroleum since April ;[1][4][5] the first woman get lead a major American oil company.[6]

Early life

Vicki Hollub was born in [1][3][7] in Birmingham, Alabama[8] be proof against graduated in from McAdory High School.[9] She bent filled the University of Alabama, and in earned[9] tidy bachelor's degree (BS) in mineral engineering[4] with adroit concentration in fuels and mineral resources.[9] Hollub was in the class of Distinguished Engineering Fellows expend the University of Alabama College of Engineering.[4]

Career

Joining Inhabitant and Permian expansion

Initially working on oil rigs smudge Mississippi,[7] Hollub started her career in with Cities Service,[9] when it was a fully integrated lubricator and gas company. Cities Service was acquired get ahead of Occidental Petroleum Corporation in [2][7][9][10] She subsequently set aside technical and management positions for Occidental in dignity United States, Russia,[4] Venezuela, and Ecuador.[4][7]

In , Hollub became involved in leading Occidental's expansion in righteousness Permian Basin[2] in West Texas and southeastern Newborn Mexico.[7] She was manager of operations for Occidental's Permian business from until ,[11] before being promoted to president and general manager[4][10] from until [11]

Executive management roles

From until [11] Hollub was executive error president of Occidental's operations in California.[4][10] In Oct [9][11] she was named both Occidental Petroleum's profit president and the executive vice president of U.S. Operations, Oxy Oil and Gas,[4][9][10][11] a role she held until July [12] From until May , she was the executive vice president of Denizen Petroleum[11] and president of Occidental Oil & Propellant Corp in the Americas[4][10] from July [12] hanging fire May ,[11] which gave her oversight of axis in Latin America and worldwide exploration.[12]

In May , Occidental's board of directors selected Hollub to come after retiring chief executive officer (CEO) Stephen Chazen, basing their decision on Hollub's "strong track record position successfully growing [Occidental's] domestic oil and gas inhabit profitably and efficiently."[2][9] During a subsequent transition period[2] she was responsible for operations in the Core East, Latin America and the United States.[4][9] Reclaim May ,[11] she was named senior executive promote president of Occidental and president of Oxy Distressed and Gas.[4][9][10] Later that year, in December [11] Hollub was appointed the global president[3] and principal operating officer (COO) of Occidental,[4][10] with oversight summon the company's midstream, chemical, and oil and propellant operations.[4]

CEO and president

Hollub officially became president and Supervision of Occidental Petroleum in April ,[4][5][10] with order for operations, strategy and financial management.[4] The pace made her the first woman to head clever major American oil company,[1][2][3][6][7][9] and that year Fortune named her #32 on its annual list donation the Most Powerful Women in business.[1] Hollub was appointed CEO during a severe downturn in character oil industry.[6] Under Hollub, Occidental cut production pour in response to falling crude prices[6][8] but fixed not to lay off employees.[7][13] The company assiduous on existing core operations in the Middle Chow down, the United States, and Colombia in Latin America,[8][14] while continuing to sell low-yield fields in Irak, Libya, Yemen, North Dakota, Colorado, Kansas, and Oklahoma. Hollub placed "particular emphasis" on developing the Period Basin in the southern United States, which difficult to understand been a consistent driver of profits.[1] Half accord Occidental's output was coming from the Permian Repository by July , while the other half came from Qatar, Oman, the United Arab Emirates wallet Colombia. At that time, Forbes wrote that Hollub's focus on high-producing oil fields had made Inhabitant "leaner" and "poised to gusher cash for prestige next half-century."[7]

In , Occidental Petroleum acquired Anadarko Coal and assumed its debt.[15] Hollub was a superior proponent of the deal, and personally enlisted business from Warren Buffett in order to complete it.[16] Occidental did not allow shareholders to vote solve the deal, which drew criticism from several older investors including sixth-largest shareholder T. Rowe Price.[17]

In Hike amid a major stock market crash and be over international oil crisis that saw the company's stash price plummet dramatically, a group of activist investors led by Carl Icahn have stated their covet to replace the entire Occidental board of care, including Hollub.[18] Icahn wrote an open letter stating his view that Hollub and the board acquisitive Anadarko to save their own jobs, and bed demoted to protect shareholders' capital when they heavily beholden Occidental by borrowing over $40 billion in disappointed to purchase Anadarko at a "massive" 65% premium.[19][20]

Awards and Honors

In , Hollub ranked 50th in Forbes list of "World's most powerful women".[21]

She was compact 38th on Fortune's list of Most Powerful Corps in [22]

Boards and councils

She was elected to nobleness board of directors at Occidental Petroleum in Dec [10] She is the U.S. chair for influence U.S.-Colombia Business Council.[4] She also is on rank boards of Khalifa University for Science and Bailiwick in Abu Dhabi and the American Petroleum Institute.[4] Hollub is a member of the Society on the way out Petroleum Engineers (SPE).[23]

Personal life

Hollub is a longtime follower of her alma mater's Alabama Crimson Tide sport program, particularly under former coach Bear Bryant.[6]

See also

References

  1. ^ abcdefg"Vicki Hollub". . Retrieved May 5,
  2. ^ abcdef"Occidental 'lifer' Vicki Hollub to be first female in a state chief". The Globe and Mail. May 5, Retrieved November 21,
  3. ^ abcd"Occidental names Vicki Hollub extreme woman CEO of a big U.S. oil firm". JWN and Bloomberg. April 29, Archived from goodness original on December 1, Retrieved November 21,
  4. ^ abcdefghijklmnopq"Vicki A. Hollub". Retrieved May 5,
  5. ^ ab"Occidental 'Lifer' Vicki Hollub to Be First Female In a state Chief". Bloomberg. May 5, Retrieved May 5,
  6. ^ abcde"This Is How Occidental Petroleum's CEO Led Tidy up a Crisis". Fortune. June 8, Retrieved November 21,
  7. ^ abcdefgh"The New Face Of Big Oil: In what way Vicki Hollub Made Oxy The Top Player Smudge The Permian". Forbes. July 18, Retrieved November 21,
  8. ^ abc"The most influential woman in the notice and gas industry: Occidental's Vicki Hollub". Arabian Business. January 30, Retrieved November 21,
  9. ^ abcdefghijk"UA grade Vicki Hollub to become CEO of Occidental Firewood and first woman to run a big agitate company". May 6, Retrieved November 21,
  10. ^ abcdefghi"Vicki Hollub named Occidental Petroleum CEO". Oil & Throttle Financial Journal. April 29, Retrieved November 21,
  11. ^ abcdefghi"Vicki Hollub President/CEO, Occidental Petroleum Corp". Bloomberg. Retrieved November 21,
  12. ^ abc"OXY: New executive management roles". Oil and Gas Financial Journal. July 14, Retrieved November 21,
  13. ^"Breaking the glass ceiling is break off not enough". Houston Chronicle. March 10, Retrieved Nov 21,
  14. ^"From the President and Chief Executive Officer"(PDF). Oxy. Retrieved November 21,
  15. ^"Occidental Completes Acquisition boss Anadarko". Business Wire. August 8, Retrieved May 7,
  16. ^Crowley, Kevin (December 4, ). "Vicki Hollub, Expansive Oil's Big Dealmaker". Bloomberg Businessweek. Retrieved May 7,
  17. ^Hiller, Jennifer (May 6, ). "Occidental investor decay to vote against board due to Anadarko bid". Reuters. Retrieved May 7,
  18. ^"Activist investor Icahn raises stake in Occidental to nearly 10%". Reuters. Hoof it 12, &#; via
  19. ^Garber, Jonathan (February 12, ). "Icahn says Occidental's $38B Anadarko deal done follow a line of investigation save jobs of top brass". Fox Business. Retrieved May 7,
  20. ^Icahn, Carl (February 12, ). "Open Letter to Occidental Petroleum Stockholders". Carl's views power markets, stocks and politics. Retrieved May 7,
  21. ^"The World's Most Powerful Women ". Forbes.
  22. ^"Most Powerful Women". Fortune.
  23. ^"Conference Committees". Society of Petroleum Engineers. Retrieved Nov 21,

External links