Occidental Petroleum Corp. (NYSE: OXY) appointed Cedric W. Burgher as CFO, replacing Chris Stavros who is retiring, the Houston company said May 31.

Burgher has more than 30 years of experience leading CFO, financial and investor functions at a number of global companies, according to the company release. He most recently served as a senior vice president of EOG Resources Inc. (NYSE: EOG), where he led investor relations and reported directly to the CEO.

“Cedric has tremendous financial leadership experience at some of our industry’s most respected firms and we look forward to his contributions at Occidental,” Vicki Hollub, Occidental's president and CEO, said in a statement. “He is uniquely qualified to strengthen our ability to deliver industry-leading results while executing our financial strategy of low capital intensity, returns-focused investments and consistent, annual dividend growth.”

Burgher is a chartered financial analyst and holds a BBA from the University of Texas at Austin and an MBA from the University of Dallas.