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Occidental Petroleum has appointed Sunil Mathew as its new chief financial officer for the next three years. He succeeds Robert Peterson , who served as Senior Vice President and CFO. As EVP, Peterson will now oversee the company’s chemical segment. Mathew joined Occidental in 2004 and has been Vice President of Strategic Planning and Analysis since 2014, in which role he was instrumental in the company’s large-scale divestiture effort of around $10 billion following the Anadarko acquisition. He has also worked for Schlumberger in the Middle East and Asia. Peterson, who has been CFO since 2020, will become executive vice president of essential chemistry at Occidental Chemical Corporation (Oxy-Chem), a wholly-owned subsidiary.