In the following video, Fool.com energy contributors Tyler Crowe and Aimee Duffy discuss a recent cease-fire within Occidental Petroleum (NYSE:OXY) between the company's chairman of the board and former CEO Ray Irani, and the current CEO Steve Chazen. While Irani was rumored to have been looking to replace Chazen, support for Chazen from shareholders has resulted in the company announcing that he will remain CEO until at least the end of 2014. What could this mean for Occidental's share price, which has lagged the market for the past couple years? Tyler tells investors how this development will affect the company, and what to look for as Occidental moves into the future.
- May 10, 2013 at 12:25PM
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