Anadarko CEO Steps Down

Anadarko Petroleum's chief executive says he will step down in May for personal reasons.

CEO Jim Hackett said that he will resign “to consider other avenues for personal and professional growth.” Hackett will depart gradually, moving to a newly created position of executive chairman before retiring in 2013.

Hackett has been at the helm of The Woodlands-based Anadarko since 2003. He was in charge when the company was a minority owner of the Gulf of Mexico well that created the worst offshore oil spill in U-S history in April 2010.

Al Walker, currently Anadarko’s president and chief operating officer, has been tapped to replace Hackett. The leadership changes will take effect on May 15.


Andrew Schneider

Andrew Schneider

Business Reporter

Andrew Schneider joined News 88.7 in January 2011. Since arriving in Houston, he has reported on the many changes wrought on the region’s economy by the revolution in domestic oil and gas production. His non-energy reporting runs the gamut from white-collar crime to cattle ranching. His work has aired on...

More Information