Halliburton Director Ramesh Patel Retires

TL;DR

Halliburton director Ramesh Patel is retiring, won't seek re-election.

AI Summary

Halliburton Company announced on January 6, 2025, the retirement of its Director, Mr. Ramesh N. Patel. Mr. Patel has served on the Board of Directors since 2017 and will not stand for re-election at the upcoming annual meeting. The company expressed gratitude for his service and contributions.

Why It Matters

The retirement of a long-serving director can signal shifts in board composition and governance, potentially impacting strategic decisions.

Risk Assessment

Risk Level: low — This filing concerns a director's retirement, which is a routine governance event and does not present immediate financial risk.

Key Players & Entities

• Halliburton Company (company) — Registrant
• Ramesh N. Patel (person) — Director retiring
• January 6, 2025 (date) — Date of earliest event reported

FAQ

From the Filing

0000045012-25-000003.txt : 20250108 0000045012-25-000003.hdr.sgml : 20250108 20250108160659 ACCESSION NUMBER: 0000045012-25-000003 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 13 CONFORMED PERIOD OF REPORT: 20250106 ITEM INFORMATION: Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers FILED AS OF DATE: 20250108 DATE AS OF CHANGE: 20250108 FILER: COMPANY DATA: COMPANY CONFORMED NAME: HALLIBURTON CO CENTRAL INDEX KEY: 0000045012 STANDARD INDUSTRIAL CLASSIFICATION: OIL, GAS FIELD SERVICES, NBC [1389] ORGANIZATION NAME: 01 Energy & Transportation IRS NUMBER: 752677995 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-03492 FILM NUMBER: 25518596 BUSINESS ADDRESS: STREET 1: 3000 NORTH SAM HOUSTON PARKWAY EAST STREET 2: 3000 NORTH SAM HOUSTON PARKWAY EAST CITY: HOUSTON STATE: TX ZIP: 77032 BUSINESS PHONE: 2818712699 MAIL ADDRESS: STREET 1: 3000 NORTH SAM HOUSTON PARKWAY EAST STREET 2: 3000 NORTH SAM HOUSTON PARKWAY EAST CITY: HOUSTON STATE: TX ZIP: 77032 FORMER COMPANY: FORMER CONFORMED NAME: HALLIBURTON OIL WELL CEMENTING CO DATE OF NAME CHANGE: 19660911 8-K 1 hal-20250106.htm 8-K DIRECTOR RETIREMENT PATEL hal-20250106 1/6/2025 0000045012 false 0000045012 2025-01-06 2025-01-06 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 OR 15(d) of The Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): January 6, 2025 HALLIBURTON COMPANY (Exact name of registrant as specified in its charter) Delaware 001-03492 75-2677995 (State or other jurisdiction of incorporation) (Commission File Number) (IRS Employer Identification No.) 3000 North Sam Houston Parkway East, Houston, Texas 77032 (Address of principal executive offices) (Zip Code) Registrant’s telephone number, including area code: ( 281 ) 871-2699 Not Applicable (Former name or former address, if changed since last report) Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions: ☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) ☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) ☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) ☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) Securities registered pursuant to Section 12(b) of the Act: Title of each class Trading Symbol Name of each exchange on which registered Common Stock, par value $2.50 per share HAL New York Stock Exchange Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter). Emerging growth company ☐ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐ Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers . On January 6, 2025, Bhavesh (Bob) V. Patel notified the Board of Directors that he has decided to not stand for re-election as a Director of Halliburton Company and retire early from serving as a Director of Halliburton Company to pursue other opportunities. He will continue as a Director until his term ends immediately prior to the annual meeting of shareholders on May 21, 2025. Mr. Patel’s decision was not the result of any disag