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AI brief of an SEC Form 8-K · Occidental Petroleum (OXY)

Occidental promotes Richard A. Jackson to chief operating officer, effective immediately

Neutral Impact 3 of 5 leadership Written later

Occidental's Board of Directors promoted Richard A. Jackson, 49, to Chief Operating Officer effective October 1, 2025, while he continues as Senior Vice President. He will oversee global oil and gas operations, low-carbon technologies, midstream and marketing, and health, safety and environment functions, reporting to CEO Vicki Hollub.

Key points

  • Jackson's base salary rises to $925,000 per year, with a 2025 target annual cash incentive of $925,000.
  • Jackson received restricted stock units valued at $1,500,000, vesting in equal annual installments over three years.
  • Jackson has been an Occidental employee since 2003 and previously served as President of Operations for U.S. Onshore Resources and Carbon Management.

The filing

CompanyOccidental Petroleum (OXY)
Form8-K, current report
Filed with the SECOct 3, 2025, 4:39 PM ET
Accession number0001140361-25-037245

Items reported: 5.02 Director / Officer Change7.01 Regulation FD Disclosure

Read the filing on SEC.gov ↗

Written by AI on Nov 8, 2026, 1:42 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on October 03, 2025.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.