Alabama Stockholder proposal of Occidental Petroleum Corp. to provide that each officer and director be subject to mandatory retirement at age 70

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US-CC-25-123W
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This sample form, a detailed Stockholder Proposal to Provide That Each Officer and Director be Subject to Mandatory Retirement at Age 70 document, is a model for use in corporate matters. The language is easily adapted to fit your specific circumstances. Available in several standard formats.
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FAQ

Occidental Petroleum Corporation (often abbreviated Oxy in reference to its ticker symbol and logo) is an American company engaged in hydrocarbon exploration in the United States, and the Middle East as well as petrochemical manufacturing in the United States, Canada, and Chile.

At Oxy, we provide society with reliable energy and essential products while reducing greenhouse gas emissions and making the world a better place to live. For 100 years, Oxy has developed extensive assets, infrastructure, expertise and technology to fuel progress and improve lives around the world.

Occidental Petroleum's mission statement is "Develop energy resources safely, profitably and responsibly to maximize value."

Top 10 Owners of Occidental Petroleum Corp StockholderStakeShares ownedBerkshire Hathaway, Inc. (Investm...25.78%228,051,027Dodge & Cox10.32%91,303,640The Vanguard Group, Inc.6.46%57,167,328SSgA Funds Management, Inc.5.02%44,375,2266 more rows

The Audit Committee of the Board of Directors of Occidental has selected KPMG LLP as independent auditor to audit the consolidated financial statements of Occidental and its subsidiaries for the year ending December 31, 2021.

Inflated figures. Occidental has previously been accused of inflating the role of carbon dioxide removal when it told investors that it could capture 10 gigatonnes by 2030. IPCC author Zeke Hausfather thinks ?carbon dioxide removal is an important part of getting to net zero?.

Headquartered in Houston, Occidental is one of the largest U.S. oil and gas companies, based on equity market capitalization.

Oxy is focused on reducing emissions in our operations and around the world by capturing and retiring more human-made CO2 emissions through our technology and strategic partnerships.

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Alabama Stockholder proposal of Occidental Petroleum Corp. to provide that each officer and director be subject to mandatory retirement at age 70