David Lesar

Halliburton Completes Spin-Off of KBR to Distance from Iraq War Scandals, Fraud Investigations, and $2.7 Billion in Questioned Costs

2007-04-05 00:00:00 +0000 UTC | Importance: 8/10

Halliburton announced the completion of its spin-off of KBR on April 5, 2007, separating the subsidiary that had generated most of its Iraq War controversies after 44 years of corporate integration. The separation followed KBR’s initial public offering on November 16, 2006, which raised $470 …

Halliburton KBR David Lesar Dick Cheney Senate Armed Services Committee corporate-impunity accountability-crisis private-military reputation-laundering conflicts-of-interest

Halliburton Moves CEO and Corporate Headquarters to Dubai for Tax Advantages and Distance from Iraq War Scandals, Weeks Before Completing KBR Spin-Off

2007-03-12 00:00:00 +0000 UTC | Importance: 8/10

Halliburton announced on March 12, 2007, that it was relocating its corporate headquarters and CEO David Lesar from Houston, Texas, to Dubai in the United Arab Emirates, citing business opportunities in the Middle East where 38% of its $13 billion in oil field services revenue originated and 16,000 …

Halliburton David Lesar Dick Cheney Patrick Leahy tax-avoidance corporate-impunity accountability-crisis conflicts-of-interest regulatory-arbitrage