Halliburton Appoints New Eastern Hemisphere President

Rhea-AI Summary

Halliburton Company (NYSE: HAL) has announced the promotion of Shannon Slocum to president of the Eastern Hemisphere, effective immediately. He succeeds Joe Rainey, who is retiring but will continue as a senior advisor. Slocum, who joined Halliburton in 2005, previously led global business development and has held various leadership roles globally. His extensive experience and strong customer relationships are expected to contribute positively to the company's strategy in the Eastern Hemisphere. Rainey's 45-year tenure is recognized for exceptional leadership and commitment to customer service.

Positive

• Shannon Slocum's promotion reflects his successful track record in global business development.
• Extensive experience in leadership roles may enhance business operations in the Eastern Hemisphere.

Negative

• Retirement of Joe Rainey could lead to concerns over continuity in leadership.

HOUSTON--(BUSINESS WIRE)-- Halliburton Company (NYSE: HAL) today announced that Shannon Slocum, senior vice president, Global Business Development and Marketing, has been promoted to the role of president, Eastern Hemisphere, effective immediately. Joe Rainey, president, Eastern Hemisphere, is retiring and will serve as senior advisor to Chairman, President, and CEO Jeff Miller during the transition.

Halliburton appoints Shannon Slocum as president, Eastern Hemisphere (Photo: Business Wire)

“Shannon brings a track record of success to his new position, most recently leading our global business development efforts. He knows our business, has worked with our key customers throughout the Eastern Hemisphere, and is an excellent leader,” Miller said. “During Joe’s 45 years at Halliburton, he has set the standard for extraordinary leadership, customer commitment, and strategic execution. I am confident Shannon will continue this strong legacy of success in the region.”

Slocum joined Halliburton in 2005 as senior manager of Innovation and Marketing and has served in roles of increasing responsibility. Prior to his current position, Slocum held leadership roles around the world, including as senior vice president for the Eurasia, Europe, and Sub-Saharan Africa region; vice president, Cementing product service line; and vice president, Indonesia. He holds a bachelor’s degree in industrial technology from Lamar University.

ABOUT HALLIBURTON

Halliburton is one of the world’s leading providers of products and services to the energy industry. Founded in 1919, we create innovative technologies, products, and services that help our customers maximize their value throughout the life cycle of an asset and advance a sustainable energy future. Visit us at www.halliburton.com; connect with us on Facebook, Twitter, LinkedIn, Instagram and YouTube.

View source version on businesswire.com: https://www.businesswire.com/news/home/20230313005181/en/

Investor Relations Contact

David Coleman

investors@halliburton.com

281-871-2688

Press Contact

Brad Leone

pr@halliburton.com

281-871-2601

Source: Halliburton Company

FAQ

Who is Shannon Slocum in Halliburton?

Shannon Slocum is the newly appointed president of the Eastern Hemisphere at Halliburton, having previously served as senior vice president for Global Business Development.

What is the reason for Joe Rainey's retirement at Halliburton?

Joe Rainey is retiring after a 45-year career at Halliburton but will transition to a role as a senior advisor.

What impact does Shannon Slocum's promotion have on Halliburton?

Shannon Slocum's promotion is expected to leverage his extensive experience and customer relationships, positively impacting Halliburton's business in the Eastern Hemisphere.

When did Shannon Slocum become president of the Eastern Hemisphere?

Shannon Slocum was promoted to president of the Eastern Hemisphere effective immediately as announced in the recent press release.