Lesar, who retired as CEO in 2017 but remained executive chairman until the end of last year, has been with the Houston-based oilfield services company since 1993. He had served as Halliburton’s chairman and CEO since predecessor Dick Cheney was nominated to be U.S. vice president in 2000.
Lesar’s successor, Miller, has served in several leadership roles since joining Halliburton in 1997, including COO from 2012 to 2014. He was also named the company’s president and joined its board of directors in 2014.
“I appreciate the confidence that the board has placed in me,” Miller said in a statement. “Halliburton has a 100-year legacy of delivering industry-leading returns and superior customer service, and I am honored to lead our Company as we continue that tradition.”
In addition, Halliburton said Jan. 2 that Robert A. Malone will continue as lead independent director of its board of directors.
2022-08-09 - Proceeds from the Production Lending loan will be used by the private, Midland, Texas-based oil and gas company to drill and complete six horizontal wells in the northern Midland Basin.
2022-06-02 - U.S. oil and gas production growth may be restrained by workers fed up with the industry’s cyclical nature.
2022-06-07 - Morgan Stanley analysts said about 30% of the E&P companies they cover have increased capex to address inflationary pressures from service providers and raw materials.
2022-06-29 - Anschutz Exploration CEO Joe DeDominic shared the private producer’s strategy how to succeed in the Powder River Basin at Hart Energy’s DUG Bakken and Rockies conference.
2022-06-01 - Validus, with roughly $1 billion of capital commitments available for deals, is also looking to convert its “barrels in the ground” into high margin returns.