Halliburton CFO Takes Weatherford CEO Chair

Oilfield services major Halliburton informed that its chief financial officer Mark McCollum is leaving the company effective immediately to become chief executive officer at Weatherford.

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 said it 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.”

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