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Ray R. Irani
American businessman
Ray R. Irani (born January 13, 1935)[1] is the former chairman and chief executive officer of Occidental Petroleum.
He has worked at Occidental Petroleum for over 20 years, serving as a director since 1984, chief operating officer (president) from 1984 to 1990, and chairman and chief executive officer from 1990.
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During his early years, he worked with Occidental CEO Armand Hammer, who at age 91, named Irani his successor in February 1990.[2] According to Forbes.com, his five-year total compensation between 2001 and 2005 was $127,447,000.[3] In 2006, after a rise in oil prices, Irani earned a total of $460 million.[4]
Personal life
Irani was born in Lebanon and is of Palestinian origin.
He received a Bachelor of Science degree in chemistry at the American University of Beirut in 1953. He moved in the same year to Los Angeles, California, and at age 18, began graduate studies in physical chemistry at th