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Armand Hammer (May 21, 1898 [1]: 16 – December 10, 1990) was an American business manager and owner. He spent decades with Occidental Petroleum in the mid 20th century. [2]
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.
Michael Armand Hammer was born on September 8, 1955, in Los Angeles, California.He is the son of Glenna Sue (née Ervin) and Julian Armand Hammer, [2] has two siblings, sister Casey Hammer and half-sister Jan Ward, [3] and has two children, actor Armie Hammer and Viktor, a businessman and entrepreneur.
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Activist investor Carl Icahn, who has built a $1.6 billion position in Occidental Petroleum Corp, may seek a special meeting to remove and replace board members, according to a lawsuit filed on ...
As of August 2016, he was reported to be worth over US$128 million, due to his stock holdings in Occidental Petroleum and other companies. [8] He was on the board of trustees of the Aquarium of the Pacific and Catalina Island Conservancy. [4] He was a Republican. [2] In 2019, Chazen was asked to rejoin Occidental as a board member. [9]
The famed investor's company handed Occidental $10 billion in 2019 to help fund its takeover of Anadarko Petroleum, in exchange for 100,000 preferred shares paying an 8% annual dividend, and ...
Armand Hammer – CEO of the Occidental Petroleum Company, contributed $110,000 to the Republican National Committee just before his pardon. Pardoned for illegally contributing $54,000 to Richard Nixon's presidential campaign in 1972.