Halliburton Co. Names Loeffler chief financial officer

   By Maria Armental

Halliburton Co. (HAL) has promoted Lance Loeffler to chief financial officer, the oilfield services company said Monday.

Mr. Loeffler, who joined Halliburton in 2014, would be the second CFO in less than two years.

He replaces Christopher Weber, who joined Halliburton in June 2017 from Parker Drilling Co and is leaving to pursue other opportunities, Halliburton said.

In announcing Mr. Loeffler's promotion from vice president of investor relations, Chief Executive Jeff Miller credited his knowledge of the company and experience with the investment community.

"Lance understands our returns-focused strategy, has a strong relationship with our executive management team and will have an immediate impact as he transitions into his new role," Mr. Miller said in a statement.

Write to Maria Armental at maria.armental@wsj.com

(END) Dow Jones Newswires

November 12, 2018 17:36 ET (22:36 GMT)

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