Occidental Petroleum Corp, whose share price was battered last year after a controversial merger with Anadarko Petroleum Corp, said on Wednesday its directors were elected last week by a comfortable margin in a shareholder vote of confidence.
FILE PHOTO: The logo of Occidental Petroleum is displayed on a screen on the floor at the New York Stock Exchange in New York, U.S., April 30, 2019. REUTERS/Brendan McDermid/File Photo
Chief Executive Vicki Hollub, who has come under fire for her pursuit of the Anadarko deal, received 91% of shareholder support, up from 78% last year. She received 99.7% in 2018. New directors include Stephen Chazen, a former CEO of Occidental, appointed as board chairman, who received 87.5% support. Three directors affiliated with billionaire activist Carl Icahn received an average of 90% shareholder approval.
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