Irani is out: LA Times says the longtime Occidental Petroleum (OXY +3.2%) chairman withdraws as...

|About: Occidental Petroleum Corpor... (OXY)|By:, SA News Editor
Irani is out: LA Times says the longtime Occidental Petroleum (OXY +3.2%) chairman withdraws as a nominee to serve a new term on the board, and is absent from today’s shareholder meeting. It's not known who will become the next chairman, but replacing Irani on the board is Edward Djerejian, a former U.S. ambassador to Israel and an assistant secretary of State. (earlier)