Halliburton Company announced that Dr. M. Katherine Banks and Patricia Hemingway Hall have been appointed to the company's board of directors.
The appointments were effective February 13, 2019, and both will stand for election by stockholders at the annual meeting on May 15, 2019.
"With Katherine and Pat, we strengthen our board with one leader who has extensive experience in engineering and technology and another who served as a CEO in the rapidly changing healthcare industry and has substantial corporate governance experience," said Jeff Miller, Halliburton chairman, president and CEO.
"These women both possess proven leadership skills and bring diverse backgrounds that will serve Halliburton well as we continue our mission to collaborate to maximise asset value for our customers and deliver industry-leading returns for our shareholders."
Dr. Banks, as the Texas A&M vice-chancellor of engineering and national labs, oversees engineering research and technology development programs for the system, including three state agencies, and national laboratory engagement and management contracts. She also serves as dean of Texas A&M University's College of Engineering, one of the largest engineering programs in the country. Previously, Dr. Banks was on the faculty and an administrator at Purdue University.
Dr. Banks is a member of the National Academy of Engineering, Fellow of the Society of Civil Engineers, and has received numerous awards, including, recently, the Pinnacle Award by Oil & Gas Investor in recognition of her dedication to future engineers. She currently serves as a director of American Momentum Bank.
Dr. Banks received her B.S.E. from the University of Florida, M.S.E. from the University of North Carolina, and Ph.D. in civil and environmental engineering from Duke University.
Hemingway Hall served as the president and chief executive officer of Health Care Service Corporation (HCSC), the nation's largest mutual health insurance company which operates five Blue Cross and Blue Shield Plans, from November 2008 to December 2015. Previously, she served as executive vice president of internal operations for HCSC and president of Blue Cross Blue Shield of Texas. Beginning in 1975 as a critical care nurse, her career has included a number of executive leadership positions with health care service companies, including Aetna Life & Casualty, Voluntary Hospitals of America, and A. Foster Higgins.
Hemingway Hall is a director of ManpowerGroup Inc. since April 2011, Cardinal Health, Inc. since September 2013 and Celgene Corporation since April 2018. She has been recognised as a Leadership Fellow of the National Association of Corporate Directors and currently serves on the board of the Corporate Leadership Council.
Hemingway Hall has received numerous recognitions for her leadership in the health care industry, including being named numerous times as one of the "100 Most Influential People in Healthcare" by Modern Healthcare magazine. Most recently, Women's, Inc. named her as one of "2018's Most Influential Corporate Directors."
Hemingway Hall earned a master's degree in public health, health planning and administration from the University of Michigan and a Bachelor of Science in nursing from Michigan State University.
Dr. Banks and Ms. Hemingway Hall join current Halliburton board members Abdulaziz F. Al Khayyal, William E. Albrecht, Alan M. Bennett, James R. Boyd, Milton Carroll, Nance K. Dicciani, Murry S. Gerber, Robert A. Malone and Jeffrey A. Miller.