8-K: Halliburton Director Abdulaziz F. Al Khayyal Passes Away
Other Information
Halliburton Company announced the passing of its Board Director, Abdulaziz F. Al Khayyal, who served since 2014 and was a member of the Audit and Health, Safety, and Environment Committees.
Summary
- Halliburton Company reported the death of Board Director Abdulaziz F. Al Khayyal on June 24, 2026.
- Mr. Al Khayyal had been a member of the Halliburton Board of Directors since 2014.
- At the time of his passing, he was serving on the Audit Committee and the Health, Safety and Environment Committee.
- The company expressed that he will be greatly missed.
Sentiment
Score: 3
Explanation: StockSavvy.ai views this as a somber notification with a negative emotional impact due to the loss of a respected board member, though it does not directly affect financial performance in the short term.
Negatives
- The company has experienced the loss of a valued Board Director.
Risks
- The unexpected death of a board member could potentially impact committee operations and decision-making processes, though the filing does not explicitly state this.
Future Outlook
No forward-looking statements or guidance were provided in this filing.
Management Comments
- "He served on the Audit Committee and the Health, Safety and Environment Committee at the time of his death."
- "he will be greatly missed."
Industry Context
StockSavvy.ai notes that the passing of a long-standing board member, particularly one serving on key committees like Audit and HSE, is a significant event for any company. While this 8-K is a notification of a personal loss, it highlights the importance of experienced leadership and succession planning within the energy services sector.
Management Changes
| Role | Previous Person | New Person | Effective Date | Reason |
|---|---|---|---|---|
| Board Director | Abdulaziz F. Al Khayyal | 2026-06-24 | Death | |
| Member, Audit Committee | Abdulaziz F. Al Khayyal | 2026-06-24 | Death | |
| Member, Health, Safety and Environment Committee | Abdulaziz F. Al Khayyal | 2026-06-24 | Death |
Stakeholder Impact
- Shareholders: May be concerned about the impact of losing experienced board oversight, particularly in audit and HSE functions, and the process of board refreshment.
- Employees: May feel a sense of loss and reflect on the contributions of Mr. Al Khayyal.
- Board of Directors: Will need to manage the transition and fill the vacant board seat and committee positions.
Next Steps
- Halliburton will likely need to appoint a new director to fill the vacancy on the Board of Directors and its committees.
Key Dates
| Date | Description |
|---|---|
| 2014-01-01 | Mr. Abdulaziz F. Al Khayyal began serving as a member of the Halliburton Board of Directors. |
| 2026-06-24 | Date of death of Mr. Abdulaziz F. Al Khayyal. |
| 2026-06-25 | Halliburton Company was notified of the death of Mr. Abdulaziz F. Al Khayyal. |
| 2026-06-29 | Date of the filing of the Form 8-K report. |
Keywords
Halliburton Company, Board of Directors, Director Death, Abdulaziz F. Al Khayyal, Audit Committee, Health Safety and Environment Committee, SEC Filing, 8-K
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.