Halliburton promotes Lesar to replace Cheney

Dallas-based Halliburton Co. lost no time in replacing Chairman and CEO Dick Cheney, who US presidential candidate George W. Bush formally tapped this morning as his running mate on the November ballot. Halliburton named Pres. and Chief Operating Officer David J. Lesar to replace Cheney as he launches his bid for the US vice-presidency.


Dallas-based Halliburton Co. lost no time in replacing Chairman and CEO Dick Cheney, who US presidential candidate George W. Bush formally tapped this morning as his running mate on the November ballot. Halliburton named Pres. and Chief Operating Officer David J. Lesar to replace Cheney as he launches his bid for the US vice-presidency.

The Halliburton board accepted Cheney's resignation and named Lesar to serve as chairman, CEO, and president. Both changes are effective Aug. 16.

Lesar joined Halliburton in 1993 as executive vice-president and chief financial officer of the Halliburton Energy Services business unit. He has since held a variety of senior management positions, including executive vice-president and CFO of Halliburton and president and CEO of Brown & Root Inc.

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