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Audit Committee

All of the members of the Audit Committee are independent, as defined in the New York Stock Exchange Listed Company Manual. ​

Primary Duties

  • Hires the independent auditors to audit the consolidated financial statements of Oxy and its subsidiaries
  • Discusses the scope and results of the audit with the independent auditors
  • Discusses Oxy's financial accounting and reporting principles and the adequacy of Oxy's internal accounting, financial and operating controls with the auditors and with management
  • Reviews all reports of internal audits submitted to the Audit Committee and management's actions with respect thereto
  • Reviews the appointment of the senior internal auditing executive
  • Oversees all matters relating to Oxy's Code of Business Conduct (PDF) compliance program

Download the Audit Committee Charter (PDF) for a complete description.

Committee Members

Robert M. Shearer, Chairperson​
​​Andrew F. Gould​​​
​​Carlos M. Gutierrez​​
Avedick B. Poladian