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Occidental Petroleum | DEF 14A: Definitive information statements

SEC announcement ·  Mar 22 05:34
Summary by Futu AI
Occidental Petroleum Corporation (Occidental) has announced its 2024 Annual Meeting of Shareholders to be held virtually on May 2, 2024. Shareholders as of the record date, March 8, 2024, are invited to attend and vote on several key proposals. These include the election of directors, advisory vote to approve executive compensation, ratification of KPMG LLP as the independent auditor, and a shareholder proposal requesting an annual report on lobbying. The company has provided detailed information on each proposal and the process for voting. Occidental has emphasized its commitment to transparency and robust governance practices, particularly in relation to its lobbying and political activities. The company has also outlined the financial performance measures used to align executive compensation with company performance, including Cash Return on Capital Employed (CROCE) and Total Shareholder Return (TSR).
Occidental Petroleum Corporation (Occidental) has announced its 2024 Annual Meeting of Shareholders to be held virtually on May 2, 2024. Shareholders as of the record date, March 8, 2024, are invited to attend and vote on several key proposals. These include the election of directors, advisory vote to approve executive compensation, ratification of KPMG LLP as the independent auditor, and a shareholder proposal requesting an annual report on lobbying. The company has provided detailed information on each proposal and the process for voting. Occidental has emphasized its commitment to transparency and robust governance practices, particularly in relation to its lobbying and political activities. The company has also outlined the financial performance measures used to align executive compensation with company performance, including Cash Return on Capital Employed (CROCE) and Total Shareholder Return (TSR).
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