Business

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.

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Andrew Schneider

Andrew Schneider

Politics and Government Reporter

Andrew heads Houston Public Media’s coverage of national, state, and local elections. He also reports on major policy issues before the Texas delegations in the U.S. House and Senate, as well as the Texas governorship, the state legislature, and county and city governments. Before taking up his current post, Andrew...

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