Halliburton Announces Executive Leadership Changes
May 02 2022 - 8:00AM
Business Wire
Halliburton Company (NYSE: HAL) today announced senior executive
leadership changes as part of its robust succession management
process. Effective immediately, Lance Loeffler, executive vice
president and chief financial officer (CFO) will assume the role of
senior vice president of the Company’s Middle East North Africa
(MENA) region.
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Lance Loeffler - Halliburton Senior Vice
President, Middle East North Africa Region (Photo: Business
Wire)
“Lance has done a fantastic job serving as Halliburton CFO and
has played an instrumental role in our Company’s success and
financial growth,” said Jeff Miller, chairman, president, and CEO
of Halliburton. “It’s now time to expand his leadership development
and provide him with an opportunity to strengthen his operational
experience by leading our MENA region and working directly with our
customers.”
Halliburton Executive Vice President, Global Business Lines, and
Chief Health, Safety & Environment Officer Eric Carre will
assume the role of CFO. Carre is a proven executive leader in the
Halliburton organization and was a key architect of the Company’s
capital efficiency strategy. He has an MBA in Finance from the
University of Wisconsin-Madison, a master’s degree in mechanical
engineering from Université Libre de Bruxelles in Belgium and
brings more than 30 years of Halliburton experience to the
position.
“Despite the transition in leadership, our financial strategy
remains unchanged. Eric provides continuity as we execute on our
five strategic priorities in order to deliver industry-leading
returns and strong free cash flow for our shareholders,” said
Miller. “We believe Eric’s wealth of operational experience, clear
understanding of our returns-focused strategy, and strong
relationship with our Board of Directors and executive management
team will serve Halliburton well as he leads our Finance
organization.”
“We are excited for these dynamic leaders to take on the
challenges of their new roles. Today’s announcements reflect our
deep bench strength of talent, and each of these leaders represent
proven strategic thinking, strong execution, and a dedicated
commitment to our value proposition – to collaborate and engineer
solutions to maximize asset value for our customers,” added
Miller.
ABOUT HALLIBURTON
Founded in 1919, Halliburton is one of the world's largest
providers of products and services to the energy industry. With
more than 40,000 employees, representing 130 nationalities in more
than 70 countries, the company helps its customers maximize value
throughout the lifecycle of the reservoir – from locating
hydrocarbons and managing geological data, to drilling and
formation evaluation, well construction and completion, and
optimizing production throughout the life of the asset. Visit the
Company’s website at www.halliburton.com. Connect with Halliburton
on Facebook, Twitter, LinkedIn, Instagram and YouTube.
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version on businesswire.com: https://www.businesswire.com/news/home/20220502005110/en/
For Investors: David Coleman Halliburton, Investor
Relations Investors@Halliburton.com 281-871-2688
For Media: Emily Mir Halliburton, Public Relations
PR@Halliburton.com 281-871-2601
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