Halliburton Names C. Christopher Gaut CFO
HOUSTON (AP) _ Halliburton Co. said Wednesday it has named C. Christopher Gaut as its new chief financial officer, replacing Doug Foshee.
Foshee was promoted to chief operating officer.
The position of COO had been vacant since 2000, when Dave Lesar, who held the post, was named chairman, president and chief executive.
Lesar replaced Dick Cheney, now the country’s vice president.
Foshee, 44 years old, was CFO since August 2001.
Halliburton, a Dallas-based petroleum and energy services company, said Gaut, 46, was chief financial officer of Ensco International Inc. That company, which is also based in Dallas, is a provider of contract drilling and marine-transportation services.
In addition, Gaut was one of three people sharing the role of president and chief operating officer of Ensco. Gaut’s employment with Halliburton begins March 3.
In a separate press release Wednesday, Ensco said Gaut’s responsibilities will be reassigned to other officers until a permanent successor is announced.
Shares of Halliburton closed at $19.30, down 29 cents, or 1.5 percent, on the New York Stock Exchange.
Ensco’s stock finished the day at $26.30, down $1.12, or 4.1 percent, also on the Big Board.