All of the members of the Audit Committee are independent, as defined in the New York Stock Exchange Listed Company Manual. All of the members of the Audit Committee are financially literate and the Board has determined that Messrs. Atkins and Poladian meet the Securities and Exchange Commission’s definition of "audit committee financial expert." 

Primary Duties

• Hires the independent auditors to audit the consolidated financial statements of Occidental and its subsidiaries

• Discusses the scope and results of the audit with the independent auditors

• Discusses Occidental's financial accounting and reporting principles and the adequacy of Occidental's internal accounting, financial and operating controls with the auditors and with management

• Reviews all reports of internal audits submitted to the Audit Committee and management's actions with respect thereto

• Reviews the appointment of the senior internal auditing executive

• Oversees all matters relating to Occidental's Code of Business Conduct (PDF) compliance program

See Audit Committee Charter for a complet​e description.