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Wednesday, May 16, 2007

Halliburton Chief Moving to Dubai

What a friking joke, it all is
Source: AP
THE WOODLANDS, Texas (AP) -- Halliburton Chairman and Chief Executive Dave Lesar said Wednesday he'll leave for his new home and office in Dubai at week's end as the oilfield services conglomerate begins splitting its corporate headquarters between the United States and the United Arab Emirates.Halliburton announced the decision to create a second corporate office in March, saying it will place the company closer to important oil and gas markets.
Lesar, speaking at Halliburton's annual stockholder meeting in this Houston suburb, reiterated the company will gain no special tax or legal advantages from the move.
"Halliburton has been and will continue to be a U.S. company and therefore a U.S. taxpayer," Lesar said. "I personally will remain a U.S. citizen and a U.S. taxpayer."

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