Halliburton has new CEO

Halliburton Company (HAL) has unanimously elected Jeff Miller, the Company’s president and a board member, to the position of president and CEO. Dave Lesar, who has led Halliburton as chairman and CEO since 2000, will continue serving the Company as executive chairman. The changes are effective June 1, 2017.

Miller will provide the day-to-day leadership and management of the Company. He will also be responsible for the planning and execution of Halliburton’s strategic direction, financial objectives, and technology development along with Halliburton’s management team who will report directly to him.

As executive chairman, Lesar will continue to play an important leadership role focusing on the strategic direction of the Company, advising the Halliburton management team and transitioning CEO responsibilities to Miller who will continue reporting to Lesar. He will be actively engaged with shareholders and continue working with customers to ensure the Company is best addressing their needs.

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