All of the members of the Audit Committee are independent, as defined in the New York Stock Exchange Listed Company Manual. ​

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.