Halliburton Terminates Relations with Former CEO A. Jack Stanley
Houston-based Halliburton announced June 18 that it is terminating all of its relationships with A. Jack Stanley, a consultant and former chairman of its business group KBR, as well as with another unnamed consultant and former employee, because of alleged violations of company codes of business conduct.
The company said the alleged violations "involve the receipt by these persons of improper personal benefits," in violation of the business codes of Halliburton and of Dresser Industries Inc., according to a company statement.