Executive Compensation Committee

Primary Duties

  • Reviews and approves the corporate goals and objectives relevant to the compensation of the Chief Executive Officer (CEO), evaluates the performance of the CEO and determines and approves the compensation of the CEO

  • Reviews and approves the compensation of all other executive officers

  • Administers Occidental's stock-based incentive compensation plans and periodically reviews the performance of the plans and their rules to assure purposes of the plans are being met

  • Makes recommendations to the Board with respect to incentive compensation plans and equity-based plans

  • Prepares Compensation Committee Report on executive compensation for inclusion in the annual proxy statement

See the Executive Compensation Committee Charter for a complete description.

Committee Members

Margaret M. Foran, Chairperson
Spencer Abraham 
John E. Feick 
William R. Klesse
Jack B. Moore