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From Times Staff and Wire Reports
Oxy Executive Will Leave, Board Tightened: Los Angeles-based Occidental Petroleum Corp. said David Hentschel will retire April 30 as chairman and CEO of Oxy’s worldwide oil and gas division. Occidental Oil & Gas Corp. President David Martin will assume the additional title. The company also announced a downsizing of its board of directors to between 10 and 14 members, pending a shareholder vote. It now has 15 directors, down from 17 last year.
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