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Icahn Looks to Occidental’s Ex-CEO for Help in Fight With Company

wsj.com

Occidental Petroleum Corp. Chief Executive Vicki Hollub is eager to move forward following her $38 billion deal to buy Anadarko Petroleum Corp. But first she has to deal with Carl Icahn, who is trying to bring Ms. Hollub’s predecessor back into the boardroom. The activist investor has already pushed for four seats on Occidental’s board, arguing that Ms. Hollub ignored investors and made costly rookie mistakes in her bid to outduel Chevron Corp. for Anadarko...

Mentions: Activist Investors Carl Icahn Occidental Petroleum