HALLIBURTON CO 8-K

What Happened
Halliburton Company (HAL) announced in an 8-K filed Jan. 14, 2026 (Item 5.02) that its Board appointed Michael Casey Maxwell as President, Western Hemisphere, effective February 1, 2026. The appointment was made on January 13, 2026. Mr. Maxwell, age 44, has been with Halliburton for about 20 years and most recently served as Senior Vice President, North America Land (since July 2024). His prior roles include Vice President, Argentina (July 2023–June 2024) and Vice President, Permian Basin (Jan. 2019–June 2023). He holds a bachelor’s degree in architecture and an MBA from Texas Tech University.

Key Details

• Appointment effective date: February 1, 2026; Board action taken Jan. 13, 2026 (8-K filed Jan. 14, 2026).
• Base salary: minimum annual base salary of $800,000 per the Employment Agreement effective Feb. 1, 2026.
• Compensation & protections: Mr. Maxwell will participate in Halliburton’s Annual Performance Pay Plan, Company Performance Unit Program, and Stock and Incentive Plan, receive severance consistent with similarly situated executives, and will sign a standard indemnification agreement. The Employment Agreement is filed as Exhibit 10.1; the related press release is Exhibit 99.1.
• No family relationships or reportable related-party transactions under Item 404(a) of Regulation S‑K; no other arrangements or understandings regarding his election were reported.

Why It Matters
This filing documents a senior regional leadership change for Halliburton’s Western Hemisphere operations and shows continuity through an internal promotion with two decades of company experience. The Employment Agreement ties Mr. Maxwell’s pay to Halliburton’s performance programs and provides severance consistent with other senior executives—facts investors can use to assess leadership stability, executive incentives, and potential alignment with company performance. Review Exhibit 10.1 (Employment Agreement) and the Company’s proxy materials (Compensation Discussion and Analysis) for full compensation and severance details.