Halliburton GC Resigns
Ticker: HAL · Form: 8-K · Filed: Sep 3, 2024 · CIK: 45012
| Field | Detail |
|---|---|
| Company | Halliburton CO (HAL) |
| Form Type | 8-K |
| Filed Date | Sep 3, 2024 |
| Risk Level | medium |
| Pages | 3 |
| Reading Time | 3 min |
| Key Dollar Amounts | $2.50 |
| Sentiment | neutral |
Sentiment: neutral
Topics: executive-departure, legal
Related Tickers: HAL
TL;DR
HAL's General Counsel is out as of Aug 30. No replacement named yet.
AI Summary
On August 30, 2024, Halliburton Company (HAL) filed an 8-K report detailing the resignation of Lance E. Peterson from his role as Senior Vice President, General Counsel, and Corporate Secretary, effective the same date. The company has not yet appointed a successor.
Why It Matters
The departure of a key legal executive like the General Counsel can signal internal shifts or potential future legal strategies for the company.
Risk Assessment
Risk Level: medium — The resignation of a General Counsel without an immediate successor can create uncertainty regarding legal oversight and strategy.
Key Players & Entities
- Halliburton Company (company) — Registrant
- Lance E. Peterson (person) — Resigning Senior Vice President, General Counsel, and Corporate Secretary
- August 30, 2024 (date) — Effective date of resignation
FAQ
Who is the resigning executive and what was their role?
Lance E. Peterson resigned from his position as Senior Vice President, General Counsel, and Corporate Secretary.
When was the resignation effective?
The resignation was effective on August 30, 2024.
Has a successor been appointed for the General Counsel role?
No, the filing states that a successor has not yet been appointed.
What is the company's ticker symbol?
The company's ticker symbol is HAL.
What type of SEC filing is this?
This is a Form 8-K, a Current Report filed pursuant to Section 13 or 15(d) of The Securities Exchange Act of 1934.
Filing Stats: 788 words · 3 min read · ~3 pages · Grade level 14.6 · Accepted 2024-09-03 06:01:25
Key Financial Figures
- $2.50 — ich registered Common Stock, par value $2.50 per share HAL New York Stock Exchange
Filing Documents
- hal-20240830.htm (8-K) — 29KB
- 0000045012-24-000052.txt ( ) — 152KB
- hal-20240830.xsd (EX-101.SCH) — 2KB
- hal-20240830_lab.xml (EX-101.LAB) — 22KB
- hal-20240830_pre.xml (EX-101.PRE) — 13KB
- hal-20240830_htm.xml (XML) — 3KB
05. Material Cybersecurity Incident
Item 1.05. Material Cybersecurity Incident. As previously disclosed in a Current Report on Form 8-K, on August 21, 2024, Halliburton Company (the "Company") became aware that an unauthorized third party gained access to certain of its systems. When it learned of the issue, the Company activated its cybersecurity response plan and launched an investigation internally with the support of external advisors to assess and remediate the unauthorized activity. The Company's response efforts included proactively taking certain systems offline to help protect them and notifying law enforcement. The Company's ongoing investigation and response include restoration of its systems and assessment of impacted data. Likewise, the Company has been and is communicating with its customers and other stakeholders regarding the incident. The Company is following its process-based safety standards for ongoing operations under the Halliburton Management System and is working to identify effects of the incident. The Company continues to provide its products and services to customers globally. The incident has caused disruptions and limitation of access to portions of the Company's business applications supporting aspects of the Company's operations and corporate functions. The Company believes the unauthorized third party accessed and exfiltrated information from the Company's systems. The Company is evaluating the nature and scope of the information, and what notifications are required. The Company has incurred, and may continue to incur, certain expenses related to its response to this incident. As of the date of this Current Report on Form 8-K, the Company believes that the incident has not had, and is not reasonably likely to have, a material impact on the Company's financial condition or results of operations. The Company remains subject to various risks due to the incident, including the adequacy of processes during the period of disruption, diversion of management's atten
Forward-Looking Statements
Forward-Looking Statements This Current Report on Form 8-K contains forward-looking statements, including, but not limited to, statements regarding the Company's current beliefs, understanding and expectations regarding the incident and its anticipated impact on the Company's business, financial condition and results of operations. Factors that could cause actual results to differ from those expressed in these forward-looking statements include the ongoing assessment and remediation of the incident; legal, reputational and financial risks resulting from the incident or additional cybersecurity incidents; and the risks described in the Company's Annual Report on Form 10-K for the year ended December 31, 2023 and subsequent Quarterly Reports on Form 10-Q. Unless required by law, the Company expressly disclaims any obligation to update publicly any forward-looking statements, whether as result of new information, future events or otherwise.
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. HALLIBURTON COMPANY Date: September 3, 2024 By: /s/ Charles E. Geer, Jr. Charles E. Geer, Jr. Senior Vice President and Chief Accounting Officer