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260:. Hollub placed "particular emphasis" on developing the Permian Basin in the southern United States, which had been a consistent driver of profits. Half of Occidental's output was coming from the Permian Basin by July 2017, while the other half came from Qatar, Oman, the United Arab Emirates and Colombia. At that time,
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have stated their desire to replace the entire
Occidental board of directors, including Hollub. Icahn wrote an open letter stating his view that Hollub and the board bought Anadarko to save their own jobs, and failed to protect shareholders' capital when they heavily indebted Occidental by borrowing
198:
of
Occidental's operations in California. In October 2013 she was named both Occidental Petroleum's vice president and the executive vice president of U.S. Operations, Oxy Oil and Gas, a role she held until July 2014. From 2014 until May 2015, she was the executive vice president of Occidental
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Hollub officially became president and CEO of
Occidental Petroleum in April 2016, with responsibility for operations, strategy and financial management. The appointment made her the first woman to head a major American oil company, and that year
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but decided not to lay off employees. The company focused on existing core operations in the Middle East, the United States, and
Colombia in Latin America, while continuing to sell low-yield fields in Iraq, Libya, Yemen,
210:, basing their decision on Hollub's "strong track record of successfully growing domestic oil and gas business profitably and efficiently." During a subsequent transition period she was responsible for operations in the
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named her #32 on its annual list of the Most
Powerful Women in business. Hollub was appointed CEO during a severe downturn in the oil industry. Under Hollub, Occidental cut production costs in response to falling
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and the United States. In May 2015, she was named senior executive vice president of
Occidental and president of Oxy Oil and Gas. Later that year, in December 2015 Hollub was appointed the global president and
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Petroleum and president of
Occidental Oil & Gas Corp in the Americas from July 2014 until May 2015, which gave her oversight of operations in Latin America and worldwide exploration.
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She was elected to the board of directors at
Occidental Petroleum in December 2015. She is the U.S. chair for the U.S.-Colombia Business Council. She also is on the boards of
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in order to complete it. Occidental did not allow shareholders to vote on the deal, which drew criticism from several major investors including sixth-largest shareholder
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186:. She was manager of operations for Occidental's Permian business from 2009 until 2011, before being promoted to president and general manager from 2011 until 2012.
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wrote that Hollub's focus on high-producing oil fields had made
Occidental "leaner" and "poised to gusher cash for the next half-century."
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in 1982. She subsequently held technical and management positions for
Occidental in the United States, Russia, Venezuela, and Ecuador.
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and an international oil crisis that saw the company's stock price plummet dramatically, a group of activist investors led by
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and assumed its debt. Hollub was a major proponent of the deal, and personally enlisted financing from
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702:"UA grad Vicki Hollub to become CEO of Occidental Petroleum and first woman to run a big oil company"
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167:, when it was a fully integrated oil and gas company. Cities Service was acquired by
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655:"The most influential woman in the oil and gas industry: Occidental's Vicki Hollub"
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622:"The New Face Of Big Oil: How Vicki Hollub Made Oxy The Top Player In The Permian"
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In May 2015, Occidental's board of directors selected Hollub to succeed retiring
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142:. Hollub was in the 2016 class of Distinguished Engineering Fellows from the
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979:"Icahn says Occidental's $ 38B Anadarko deal done to save jobs of top brass"
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over $ 40 billion in order to purchase Anadarko at a "massive" 65% premium.
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In 2005, Hollub became involved in leading Occidental's expansion in the
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since April 2016; the first woman to lead a major American oil company.
460:"Occidental names Vicki Hollub first woman CEO of a big U.S. oil firm"
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She was ranked 38th on Fortune's list of Most Powerful Women in 2023.
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935:"Occidental investor set to vote against board due to Anadarko bid"
960:"Activist investor Icahn raises stake in Occidental to nearly 10%"
544:"Occidental 'Lifer' Vicki Hollub to Be First Female Oil Chief"
425:"Occidental 'lifer' Vicki Hollub to be first female oil chief"
579:"This Is How Occidental Petroleum's CEO Led Through a Crisis"
784:"Vicki Hollub President/CEO, Occidental Petroleum Corp"
462:. JWN and Bloomberg. April 29, 2016. Archived from
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1152:American chief executives of Fortune 500 companies
1002:"Open Letter to Occidental Petroleum Stockholders"
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747:. Oil & Gas Financial Journal. April 29, 2016
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130:, and in 1981 earned a bachelor's degree (BS) in
864:"From the President and Chief Executive Officer"
836:"Breaking the glass ceiling is still not enough"
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299:In 2023, Hollub ranked 50th in Forbes list of "
889:"Occidental Completes Acquisition of Anadarko"
816:. Oil and Gas Financial Journal. July 14, 2014
966:. March 12, 2020 – via www.reuters.com.
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745:"Vicki Hollub named Occidental Petroleum CEO"
338:Hollub is a longtime fan of her alma mater's
316:Khalifa University for Science and Technology
102:(born 1960) is an American businesswoman and
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1006:Carl's views on markets, stocks and politics
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356:List of women CEOs of Fortune 500 companies
16:American businesswoman and mineral engineer
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163:, Hollub started her career in 1981 with
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155:Joining Occidental and Permian expansion
106:. She has been the president and CEO of
912:"Vicki Hollub, Big Oil's Big Dealmaker"
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267:In 2019, Occidental Petroleum acquired
1027:"The World's Most Powerful Women 2023"
977:Garber, Jonathan (February 12, 2020).
454:
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814:"OXY: New executive management roles"
7:
1137:21st-century American businesspeople
1127:20th-century American businesspeople
1162:21st-century American businesswomen
1132:20th-century American businesswomen
910:Crowley, Kevin (December 4, 2019).
1117:American women corporate directors
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1000:Icahn, Carl (February 12, 2020).
159:Initially working on oil rigs in
118:Vicki Hollub was born in 1960 in
933:Hiller, Jennifer (May 6, 2019).
194:From 2012 until 2013 Hollub was
169:Occidental Petroleum Corporation
1157:American women chief executives
891:. Business Wire. August 8, 2019
301:World's 100 most powerful women
1069:Society of Petroleum Engineers
328:Society of Petroleum Engineers
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340:Alabama Crimson Tide football
1147:University of Alabama alumni
1122:American corporate directors
326:. Hollub is a member of the
324:American Petroleum Institute
282:In March 2020 amid a major
122:and graduated in 1977 from
46:1960 (age 63–64)
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190:Executive management roles
30:
914:. Bloomberg Businessweek
196:executive vice president
146:College of Engineering.
1065:"Conference Committees"
221:chief operating officer
204:chief executive officer
1045:"Most Powerful Women"
144:University of Alabama
128:University of Alabama
62:University of Alabama
108:Occidental Petroleum
74:Occidental Petroleum
466:on December 1, 2017
310:Boards and councils
132:mineral engineering
126:. She attended the
124:McAdory High School
120:Birmingham, Alabama
72:President and CEO,
50:Birmingham, Alabama
661:. January 30, 2016
430:The Globe and Mail
284:stock market crash
269:Anadarko Petroleum
1095:"Vicki A. Hollub"
841:Houston Chronicle
519:"Vicki A. Hollub"
295:Awards and Honors
227:CEO and president
182:and southeastern
140:mineral resources
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1075:November 21,
1073:. Retrieved
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871:. Retrieved
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846:. Retrieved
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820:November 21,
818:. Retrieved
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791:. Retrieved
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710:. Retrieved
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663:. Retrieved
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632:. Retrieved
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589:. Retrieved
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523:. Retrieved
470:November 21,
468:. Retrieved
464:the original
437:November 21,
435:. Retrieved
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396:. Retrieved
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246:North Dakota
241:crude prices
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100:Vicki Hollub
99:
98:
25:Vicki Hollub
18:
1112:1960 births
869:. Oxy. 2016
393:Fortune.com
344:Bear Bryant
212:Middle East
161:Mississippi
88:Predecessor
83:April 2016–
1106:Categories
1097:. Oxy.com.
362:References
288:Carl Icahn
184:New Mexico
180:West Texas
114:Early life
788:Bloomberg
548:Bloomberg
521:. Oxy.com
320:Abu Dhabi
58:Education
350:See also
322:and the
258:Oklahoma
250:Colorado
1050:Fortune
964:Reuters
939:Reuters
584:Fortune
330:(SPE).
235:Fortune
134:with a
1071:. 2017
1031:Forbes
1011:May 7,
985:May 7,
944:May 7,
918:May 7,
895:May 7,
706:AL.com
627:Forbes
554:May 5,
525:May 5,
398:May 5,
262:Forbes
256:, and
254:Kansas
206:(CEO)
150:Career
52:, U.S.
867:(PDF)
69:Title
1077:2017
1013:2020
987:2020
946:2020
920:2020
897:2020
875:2017
850:2017
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795:2017
753:2017
714:2017
667:2017
636:2017
593:2017
556:2017
527:2017
472:2017
439:2017
400:2017
80:Term
64:(BS)
43:Born
318:in
303:".
178:in
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Text is available under the Creative Commons Attribution-ShareAlike License. Additional terms may apply.
