Halliburton Announces Chief Financial Officer Departure
March 06 2017 - 6:08PM
Business Wire
Halliburton General Counsel named interim
CFO; new Senior VP of Finance announced
Halliburton Company (NYSE:HAL) announced today that Chief
Financial Officer Mark McCollum is leaving the Company effective
immediately to become Chief Executive Officer at Weatherford
International plc (NYSE: WFT). Halliburton Executive Vice President
and General Counsel, Robb L. Voyles, has been named interim CFO and
will manage the CFO responsibilities in addition to his current
responsibilities until a replacement is found. Halliburton has
engaged an executive search firm to conduct a comprehensive search
for its next CFO. The Company also announced the promotion of Lyn
Beaty to senior vice president of Finance effective
immediately.
“We are pleased that Robb has agreed to serve as interim CFO
during this important time and believe Lyn’s well-deserved
promotion will provide additional leadership to the Finance
organization and ensure a seamless transition as we secure a new
CFO,” said Dave Lesar, Chairman and CEO. “On behalf of the
Halliburton Board of Directors and our management team, we thank
Mark for his financial leadership and contributions to Halliburton.
We built a strong team under Mark that will continue driving our
financial functions.”
“Having worked with Robb for almost 15 years at both Halliburton
and Baker Botts and with Lyn for her entire career, I am absolutely
confident in their ability to lead our high performing Finance
group,” Lesar added. “Robb's capacity to assume this additional
role is a testament to the great strength of the members of our
Finance team, including the significant experience Lyn brings to
her new position.”
Mr. Voyles joined Halliburton in 2013 and is a member of the
Halliburton Executive Committee. Before joining Halliburton, he was
a Senior Partner at Baker Botts L.L.P. where he served as Chair of
the Litigation Department and a member of the Executive Committee.
Mr. Voyles earned a Juris Doctor degree from the University of
Michigan Law School and a Bachelor of Business Administration in
accounting from the University of Dayton.
Ms. Beaty’s career with the Company began in the Finance
department and has spanned more than 30 years. Prior to her current
position as senior vice president of Internal Assurance Services,
she held numerous increasingly responsible Finance positions. Ms.
Beaty is a graduate of the University of Texas at Austin and holds
a Bachelor of Business Administration with a specialization in
accounting. She is a Certified Public Accountant.
About Halliburton
Founded in 1919, Halliburton is one of the world's largest
providers of products and services to the energy industry. With
approximately 50,000 employees, representing 140 nationalities and
operations in approximately 70 countries, the company serves the
upstream oil and gas industry throughout the lifecycle of the
reservoir - from locating hydrocarbons and managing geological
data, to drilling and formation evaluation, well construction and
completion, and optimizing production through the life of the
field. Visit the company’s website at www.halliburton.com. Connect
with Halliburton on Facebook, Twitter, LinkedIn, and
YouTube.
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