Natural Resources >> CEO Interviews >> April 30, 2001

Stephen Chazen – Occidental Petroleum Corporation (oxy)

STEPHEN I. CHAZEN is the head of Corporate Development and the Chief Financial Officer of Occidental Petroleum Corporation in Los Angeles. He is responsible for Oxy's acquisition, divestiture and financial activities. Mr. Chazen received a bachelor's degree in geology from Rutgers College, a master's degree in finance from the University of Houston, and a PhD in geology from Michigan State. He was employed by Northrop Corporation at the Johnson Space Center as Laboratory Manager from 1973 to 1977. He worked for Columbia Gas Development Corporation as Director of Planning, Reservoir Engineering, and Project Evaluation from 1977 to 1981. From 1982 to 1994, he held various positions in the investment banking division of Merrill Lynch, where his last position was as Managing Director and Head of Corporate Finance. In 1994, he joined Occidental as Executive Vice President, Corporate Development. The additional responsibilities of Chief Financial Officer were added in 1999. Profile
TWST: Could we start off with a brief overview of Occidental Petroleum

Corporation?

Mr. Chazen: OXY is primarily an oil and gas producer. Over 80% of its

earnings and cash flow come from