Halliburton’s Connections Run Deep in the Energy Industry
One would expect the Directors of a Fortune 500 company to have corporate ties to similar entities within its industry. However, the industry ties exhibited by oilfield services giant Halliburton Co are quite impressive. Halliburton has strong ties across the energy industry and to other industries connected to energy (for example the airline industry, the chemical industry, etc.). Halliburton posted above-expectation earnings for the Q3, with the majority of its earnings coming from overseas (see article from Bloggingstocks.com ). We created an IntellectSpace Knowledge Map of the corporate ties of the Board of Directors at Halliburton. We were impressed by the number of connections Halliburton has within the energy industry and other similar industries that depend on energy (Note: the information contained and presented in Knowledge Maps is public information from the Securities and Exchange Commission of the United States of America).
Some of the more notable corporate connections on the Halliburton Board include Kathleen Bader (former President at Dow Chemical), James Boyd (former Chairman of Arch Coal and Ashland Oil), Milton Carroll (Chairman of CenterPoint Energy, a public utility company, and Instrument Products, a private oil-tool manufacturing company), Robert Crandall (Chairman Emeritus of AMR Corporate, the parent company of American Airlines), Kenneth Derr (retired Chairman of Chevron-Texaco), Chairman/President/CEO David Lesar (Director at Lyondell Chemical Company), and Debra Reed (President/CEO, Southern California Gas Company and San Diego Gas and Electric Company).
The Directors also have valuable ties to non-corporate organizations. Some of these organizations are the American Petroleum Institute, the Business Council for Sustainable Development, the National Petroleum Council, the Council on Foreign Relations, Habitat for Humanity, the Vietnam Education Foundation, Rice University, and Duke University.
Halliburton’s broad ties across the energy industry and related industries most likely provide key corporate influence and knowledge that allows the company to stay one step ahead of its competition.
Click here for an interactive version of this IntellectSpace Knowledge Map (Internet Explorer browsers only): http://nv.intellectspace.com
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