Quantcast
peoplepill id: vicki-hollub
VH
1 views today
4 views this week
Vicki Hollub

Vicki Hollub

American business executive
Vicki Hollub
The basics

Quick Facts

Intro American business executive
Is Businessperson Business executive
From United States of America
Type Business
Gender female
Birth 1960, Birmingham
Age 60 years
The details

Biography

Vicki Hollub (born 1960) is an American businesswoman and mineral engineer. She has been the president and CEO of Occidental Petroleum since April 2016, when she became the first woman heading a major American oil company.

Early life and education

Vicki Hollub was born in 1960 in Birmingham, Alabama and graduated in 1977 from McAdory High School. She attended the University of Alabama, where in 1981 she earned a Bachelor of Science (BS) degree in mineral engineering with a concentration in fuels and mineral resources. Hollub was also in the 2016 class of Distinguished Engineering Fellows from the University of Alabama College of Engineering.

Career

Joining Occidental and Permian expansion

Initially working on oil rigs in Mississippi, Hollub started her career in 1981 with the fuel and power company Cities Service. Cities Service was acquired by Occidental Petroleum Corporation in 1982. She subsequently held technical and management positions for Occidental in the United States, Russia, Venezuela, and Ecuador.

In 2005, Hollub became involved in leading Occidental's expansion in the Permian Basin in West Texas and southeastern New Mexico. 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.

Executive management roles

From 2012 until 2013 Hollub was executive vice president 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 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.

In May 2015, Occidental's board of directors selected Hollub to succeed retiring chief executive officer (CEO) Stephen Chazen, basing their decision on Hollub's "strong track record of successfully growing [Occidental's] domestic oil and gas business profitably and efficiently." During a subsequent transition period she was responsible for operations in the Middle East, Latin America 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 chief operating officer (COO) of Occidental, with oversight for the company's midstream, chemical, and oil and gas operations.

CEO and president

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 Fortune 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 crude prices 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, North Dakota, Colorado, Kansas, and Oklahoma. 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, Forbes wrote that Hollub's focus on high-producing oil fields had made Occidental "leaner" and "poised to gusher cash for the next half-century."

Boards and councils

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 Khalifa University for Science and Technology in Abu Dhabi and the American Petroleum Institute. Hollub is a member of the Society of Petroleum Engineers (SPE).

Personal life

Hollub is a longtime fan of her alma mater's Alabama Crimson Tide football program, particularly under former coach Bear Bryant.

The contents of this page are sourced from Wikipedia article on 12 Aug 2019. The contents are available under the CC BY-SA 4.0 license.
comments so far.
Comments
Reference sources
References
http://fortune.com/most-powerful-women/vicki-hollub-32/
https://www1.salary.com/Vicki-Hollub-Salary-Bonus-Stock-Options-for-OCCIDENTAL-PETROLEUM-CORP.html
https://beta.theglobeandmail.com/report-on-business/industry-news/energy-and-resources/occidental-lifer-vicki-hollub-to-be-first-female-oil-chief/article24268760/?ref=http://www.theglobeandmail.com&
http://www.jwnenergy.com/article/2016/4/occidental-names-vicki-hollub-first-woman-ceo-big-us-oil-firm/
http://www.oxy.com/investors/Governance/Board-of-Directors/Pages/Vicki-A-Hollub.aspx
https://www.bloomberg.com/news/articles/2015-05-05/occidental-exploration-boss-hollub-to-succeed-chazen-as-ceo
http://fortune.com/2017/06/08/occidental-petroleum-ceo-vicki-hollub/
https://www.forbes.com/sites/christopherhelman/2017/07/18/touring-the-permian-with-occidental-petroleum-ceo-vicki-hollub/#33ab33f92ed0
http://www.arabianbusiness.com/the-most-influential-woman-in-oil-gas-industry-occidental-s-vicki-hollub-620137.html
http://www.al.com/business/index.ssf/2015/05/post_242.html
http://www.ogfj.com/articles/2016/04/vicki-hollub-named-occidental-petroleum-ceo.html
arrow-left arrow-right arrow-up arrow-down instagram whatsapp myspace quora soundcloud spotify tumblr vk website youtube stumbleupon comments comments pandora gplay iheart tunein pandora gplay iheart tunein itunes