David J. Lesar

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David J. Lesar
Born May 30, 1953 [1]
Madison, Wisconsin
Residence Dubai, UAE
Alma mater University of Wisconsin–Madison (B.S./M.B.A.)
Occupation Businessman
Chairman, President & CEO at
Halliburton (2000-)
Salary US$ 6,300,000 (2009)
Total: US$ 17,023,500 (2007)[2]
Predecessor Dick Cheney

David John Lesar, is Chairman, President, and Chief Executive Officer of Halliburton Energy Services. Trained as a Certified Public Accountant, Lesar spent 16 years at Arthur Andersen. He had spent most of his career at Andersen, where he worked on their Halliburton account. In 1995, Lesar was hired by Halliburton as a new vice president.

Three months later he had a new boss, Dick Cheney. Within a year of his arrival, Cheney had fired Tommy Knight—a 32-year Kellogg, Brown and Root veteran—and named Lesar the new CEO of KBR, in addition to his duties as CFO of Halliburton. In May 1997, Cheney elevated Lesar to President and COO. After Cheney's departure, in 2000, Lesar became CEO of Halliburton. He also serves on the board of directors at Lyondell Chemical and is also a member of the Upstream Committee of the American Petroleum Institute.

The movie Iraq for Sale: The War Profiteers claims that Lesar has been paid over $42,000,000 by Halliburton since the beginning of Iraq war, but this amount has risen significantly since the release of the film. According to the Wall Street Journal Lesar received about $14.9 million in 2010 alone, not including stock options or other deferred incentives - a 20% increase over his 2009 pay package, according to a securities filing.

He is also on the board of directors of the American Iranian Council, an organization devoted to the normalization of American-Iranian relations.[3]

Lesar was born in Madison, Wisconsin and is a 1978 graduate of the University of Wisconsin–Madison, where he earned both a Bachelor of Science and a Master of Business Administration degree. He resides in Dubai, UAE.

References[edit]

  1. ^ The Leases and related families, Beth Lease Brynildson (1998), p. 55
  2. ^ Reuters: Officers & Directors Detail: Halliburton Co (New York Stock Exchange)
  3. ^ American Iranian Council: Leadership