Occidental Petroleum general counsel and CCO to retire

Oct 05, 2022
Marcia Backus has been with the company since 2013

Marcia Backus, senior vice president, general counsel and chief compliance officer of Occidental Petroleum, intends to retire from the company she joined almost a decade ago.

According to an SEC filing, Backus has announced that she will step down from her role at the end of the year. She will continue as Occidental’s executive adviser for legal and will retire from the company fully on March 1, 2023. The filing states that Backus has agreed to advise Occidental on the transition to a successor until June 30, 2024.

Backus joined Occidental in 2013, having previously been a partner with Vinson & Elkins in Houston, Texas. In that role she was responsible for the law firm’s energy transactions/projects practice group and represented industry and private equity companies in domestic and international corporate matters, M&A, joint ventures, private equity investments, project development and other energy transactions.

Marcia Backus

During her time with Vinson & Elkins, Backus held leadership positions including on the company-wide management committee and as co-chair of the corporate department and chair of the partnership admissions committee.

Requests for comment from the company and Backus were not returned immediately.

Sign up to get stories direct to your inbox
Stay informed on the latest trends and developments in the fast-moving world of corporate governance by signing up for our popular newsletters. Our weekly and monthly updates will provide you with expert analysis, timely updates and comprehensive coverage of regulatory updates, governance trends and best practices, careers and much more.
Cs logo Cs logo