Replies to post #547 on Halliburton Company (HAL)

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Halliburton CEO Lesar to retire on June 1, to be replaced by Miller

Halliburton (NYSE:HAL) says CEO Dave Lesar will retire effective June 1 and be replaced by Lesar's longtime deputy and President Jeff Miller, in a transition that was expected.

Lesar, who became CEO after predecessor Dick Cheney was nominated to be U.S. vice president in 2000, will stay on as executive chairman until December 2018, when he reaches HAL's mandatory retirement age of 65.

Miller joined HAL and has been President and a director since 2014.