Occidental Petroleum picks Cedric Burgher, an EOG veep, as new CFO


Houston-based Occidental Petroleum Corp. has tapped EOG Resources senior vice president Cedric W. Burgher as its new chief financial officer. Burgher led investor relations and reported directly to the chief executive at EOG. He replaces Chris Stavros, who is retiring.

“Cedric has tremendous financial leadership experience at some of our industry’s most respected firms and we look forward to his contributions at Occidental,” said Vicki Hollub, Oxy’s president and CEO.

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Hollub called Burgher “uniquely qualified” for the job.

Burgher said he was impressed by Oxy’s strategy to shed poorly performing assets, innovate and spend judiciously.

“Occidental’s future is exceptionally bright,” Burgher said.

Burgher has 30 years of experience in financial and investor functions at several global companies. He is a Chartered Financial Analyst and holds a bachelor’s from the University of Texas at Austin and an MBA from the University of Dallas.