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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]
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.
Occidental Petroleum was founded in Los Angeles, CA in 1920. [5] In 1957, Armand Hammer became the company's president and CEO after acquiring a controlling stake. [6] The 1960s marked a period of expansion as Occidental established operations in Peru, Venezuela, Bolivia, Trinidad, and the United Kingdom.
Ray Irani, the 78 year-old chairman of Occidental Petroleum , sparked shareholder ire because he tried to oust the man who replaced him as CEO. During the past 20 years, Irani has made more than ...
Warren Buffett's favorite oil company, Occidental Petroleum , will taper stock buybacks for the next couple of years as it focuses on reducing its debt from the acquisition of oil and gas producer ...
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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]
We hate to say this but, we told you so. On February 27th we published an article with the title Recession is Imminent: We Need A Travel Ban NOW and predicted a US recession when the S&P 500 Index ...