Jeff Miller, the Company’s president and CEO, as Chairman of the Board, effective Jan. 1, 2019. Consistent with the Company’s corporate governance guidelines, Executive Chairman Dave Lesar retired on Dec. 31, 2018.
"I appreciate the confidence that the Board has placed in me,” said Jeff Miller, chairman, president, and CEO of Halliburton. “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."
Robert A. Malone will continue as lead independent director of the Halliburton Board of Directors. In this role, Malone will perform the duties outlined in the Company’s corporate governance guidelines. These include serving as a liaison between the independent directors and the chair; approving agendas for Board meetings; presiding over meetings and executive sessions of the independent directors; and leading the Board’s annual evaluation of the CEO. For more information on the role of the lead independent director, review the Halliburton Lead Independent Director Charter.
Halliburton Company /ˈhælɨbɜrtən/ is an American multinational corporation, one of the world's largest oil field services companies with operations in more than 80 countries. It owns hundreds of subsidiaries, affiliates, branches, brands, and divisions worldwide and employs approximately 100,000 people.
The company has dual headquarters located in Houston and in Dubai, where Chairman and CEO David Lesar works and resides, "to focus [the] company’s Eastern Hemisphere Growth." The company remains incorporated in the United States.
Halliburton's major business segment is the Energy Services Group (ESG). ESG provides technical products and services for petroleum and natural gas exploration and production. Halliburton's former subsidiary, KBR, is a major construction company of refineries, oil fields, pipelines, and chemical plants. Halliburton announced on April 5, 2007 that it had sold the division and severed its corporate relationship with KBR, which had been its contracting, engineering and construction unit as a part of the company for 44 years.
The company has been involved in numerous controversies, including the Deepwater Horizon explosion.