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Halliburton Company is an American multinational corporation and the world's second largest oil service company which is responsible for most of the world's largest fracking operations. [6] It employs approximately 55,000 people through its hundreds of subsidiaries, affiliates, branches, brands, and divisions in more than 70 countries.
KBR and Halliburton also paid $177m USD in disgorgement of profits to the Securities and Exchange Commission (SEC) due a civil complaint filed by the SEC relating to the FCPA charges. Former CEO Albert Jackson Stanley, who ran KBR when it was a subsidiary to Halliburton, was sentenced to 30 months in prison via plea agreement.
Boots & Coots. Boots & Coots was a well control company. It was founded in 1978 by Asger "Boots" Hansen and Ed "Coots" Matthews, [1] veterans of the Red Adair Service and Marine Company. The two companies extinguished approximately one third of the more than 700 oil well fires set in Kuwait by retreating Iraqi soldiers in the Gulf War.
David John Lesar (born May 30, 1953) is an American businessman who is the former chair of Halliburton Energy Services. He was the CEO of Halliburton for 17 years from 2000 to 2017. Trained as a Certified Public Accountant, Lesar spent 16 years at Arthur Andersen. He had spent most of his career at Andersen, where he worked on their Halliburton ...
During Cheney's term, Halliburton changed its accounting practices regarding revenue realization of disputed costs on major construction projects. Cheney resigned as CEO of Halliburton on July 25, 2000. As vice president, he argued that this step, along with establishing a trust and other actions, removed any conflict of interest.
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