Halliburton Company announced on October 15, 2026, that it has appointed David C. Hernandez to its Board of Directors to fill a vacancy. The company stated that the size of the Board remains at 12 directors. Mr. Hernandez will serve until the Company’s 2027 Annual Meeting of Shareholders and will be subject to annual election by shareholders thereafter.
Mr. Hernandez currently serves as President and Director of Hunt Consolidated, Inc. He has over 18 years of experience with the Hunt family of companies, where he has helped guide capital allocation and strategic priorities across a portfolio that includes oil and gas exploration and production, LNG, refining, power, real estate, ranching, and energy technology. Prior to joining Hunt Consolidated, he served as Vice President of Tax for Electronic Data Systems. Mr. Hernandez holds a Juris Doctor from the University of Chicago and a Bachelor of Science in Finance from the University of Virginia McIntire School of Commerce.
Jeff Miller, Halliburton’s Chairman, President, and CEO, commented on the appointment, stating that Mr. Hernandez brings decades of energy industry experience and deep understanding of the company’s customers. Mr. Miller noted that the appointment reflects Halliburton’s focus on board succession and refreshment, highlighting that the addition of Mr. Hernandez strengthens the board's deep oil and gas expertise.
The Board appointed Mr. Hernandez to the Audit Committee and the Health, Safety and Environment Committee. The Board also moved Mr. Timothy A. Leach from the Audit Committee and appointed him to the Compensation Committee. The Board has determined that Mr. Hernandez is independent under the listing standards of the New York Stock Exchange and Halliburton’s Corporate Governance Guidelines, and designated him an “audit committee financial expert” as defined under applicable SEC rules.
In connection with his appointment, Mr. Hernandez will receive an initial equity award of restricted stock units (RSUs) equal to the prorated value of the annual equity award of $200,000 granted to non-management directors. Based on the average of the closing prices of Halliburton’s common stock on the New York Stock Exchange during the month preceding his appointment, Mr. Hernandez will receive an initial award of 961 RSUs. Additionally, Halliburton entered into an indemnification agreement with Mr. Hernandez on October 15, 2026.
