The KBR chairman, the subsidiary of US oilfield service concern Halliburton, is likely to retire early as part of the company?s restructuring efforts.
Randy Harl, (54) will retire as chairman of KBR on Jan. 1. He became chairman of the unit in July, leaving the post of the company?s CEO, and was replaced by Andrew Lane.
Last week, Halliburton eliminated CEO positions for KBR and the energy service group, consolidating them into a single resurrected chief operating officer position. Lane was promoted to chief operating officer, a position left open since Douglas Foshee resigned from Halliburton more than a year ago to be CEO of El Paso Corp.
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KBR's Chairman Retires Early
The KBR chairman, the subsidiary of US oilfield service concern Halliburton, is likely to retire early