Icahn opposes new directors chosen by Occidental CEO

FAN Editor
FILE PHOTO: Carl Icahn gives an interview on FOX Business Network's Neil Cavuto show in New York
FILE PHOTO: Billionaire activist-investor Carl Icahn gives an interview on FOX Business Network’s Neil Cavuto show in New York, U.S. on February 11, 2014. REUTERS/Brendan McDermid/File Photo

August 28, 2019

(Reuters) – Activist investor Carl Icahn on Wednesday opposed the appointment of two new directors picked by Chief Executive Officer Vicki Hollub for Occidental Petroleum Corp’s <OXY.N> board.

“As large stockholders, we are very concerned with the situation at Occidental Petroleum,” Icahn said in a letter to shareholders. (https://bit.ly/32afztl)

(Reporting by Arundhati Sarkar in Bengaluru; Editing by Shailesh Kuber)

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