LOS ANGELES--(BUSINESS WIRE)-- Occidental Petroleum Corporation (NYSE:OXY) announced today that Christopher G. Stavros has been named Vice President and Treasurer.

Mr. Stavros, 48, has served as Occidentals Vice President, Investor Relations, since October 2006. In addition to assuming responsibility for the corporations treasury function, he will continue to oversee investor relations for the company.

Commenting on Mr. Stavros appointment, Occidental President and Chief Executive Officer Stephen I. Chazen said, I congratulate Chris on this well-deserved promotion. Through his leadership of the Investor Relations function, he has demonstrated a comprehensive understanding of both the financial and operational aspects of Oxys business.

Mr. Stavros joined Occidental in 2005 as Director, Investor Relations. Previously, he held positions with Ernst & Young, Bristol-Meyers Squibb, Prudential Securities and UBS. He holds a bachelors degree in Accounting from Boston University and an MBA from the University of Rochesters Simon School of Business.

About Oxy

Occidental Petroleum Corporation (OXY) is an international oil and gas exploration and production company with operations in the United States, Middle East/North Africa and Latin America regions. Oxy is the third-largest U.S. oil and gas company, based on equity market capitalization. Oxy's wholly owned subsidiary OxyChem manufactures and markets chlor-alkali products and vinyls. Oxy is committed to safeguarding the environment, protecting the safety and health of employees and neighboring communities and upholding high standards of social responsibility in all of the company's worldwide operations.

Occidental Petroleum Corporation (OXY)
Media
Melissa E. Schoeb
310-443-6504
melissa_schoeb@oxy.com
or
Investors
Chris Stavros
212-603-8184
chris_stavros@oxy.com
or
On the web: www.oxy.com

Source: Occidental Petroleum Corporation