Jeffrey A. Miller

Chairman of the Board, President, and CEO at Halliburton Co

Board

Since January 2019

Age

61 years

Education

Earned a Bachelor's degree in Agriculture and Business from McNeese State University and an MBA from Texas A&M University.

Tenure

Joined Halliburton in 1997 and progressed through leadership roles, serving as President and Chief Health, Safety, and Environment Officer (2014-2017), then as President and CEO (2017-2018), before being appointed Chairman of the Board, President, and CEO in January 2019.

Also at Halliburton Co

CEGJ

Charles E. Geer, Jr.

Senior Vice President and Chief Accounting Officer

EJC

Eric J. Carre

Executive Vice President and CFO

JDS

Jill D. Sharp

Senior Vice President, Internal Assurance Services

About

Jeffrey A. Miller has built an extensive career in the global energy sector, marked by a strong foundation in business and financial discipline as a Certified Public Accountant. His early professional experiences at a major accounting firm provided him with the analytical skills that have since underpinned his strategic decision-making.

Since his entry into the company in 1997, his leadership has been defined by consistent growth and a commitment to operational excellence. Over the years, his roles have expanded as he has taken on increasing responsibilities, contributing to major initiatives in improving capital efficiency, advancing digital and automation technologies, and driving sustainability efforts through significant reductions in Scope 1 and Scope 2 emissions.

Beyond his direct contributions to the company, his influence extends into the broader energy and business communities. His active involvement in several industry organizations and advisory councils, along with his guidance on mergers & acquisitions, underscores his passion for innovation and commitment to community engagement. His work continues to shape not only the strategic direction of the company but also sets a benchmark for excellence in the global energy industry.

$HAL Performance Under Jeffrey A. Miller

Past Roles

Organization	Role	Date Range	Details
Halliburton (HAL)	President and CEO	2017–2018	Held prior to his current combined role
Halliburton (HAL)	President and Chief Health, Safety and Environment Officer	2014–2017	Served before his current role
Halliburton (HAL)	Senior Vice President, Global Business Development	N/A	Responsible for HAL’s largest global customers
Major accounting firm	Various roles in accounting, finance, and M&A	N/A	Held positions before joining HAL

External Roles

Organization	Role	Date Range	Details
American Petroleum Institute	Member	N/A	N/A
National Petroleum Council	Member	N/A	N/A
Advisory Council, Texas A&M University Dwight Look College of Engineering	Advisory Council Member	N/A	N/A
Board of Directors, Association of Former Students of Texas A&M University	Board Member	N/A	N/A
The Council on Recovery Foundation	Member	N/A	N/A
Greater Houston Partnership	Member	N/A	N/A

Fixed Compensation

Data from FY 2023

Component Name	Amount	Payment Schedule	Additional Details
Salary	$1,600,000	Annual	Fixed base salary.
Halliburton Foundation	$112,500	Contribution matching	Matched contributions up to $50,000 on a 2.25-for-1 basis.
Halliburton Giving Choices	$600	As contributed	Matches donations at $0.10 per dollar.
HALPAC	$5,000	As contributed	Dollar-for-dollar match to a designated 501(c)(3) nonprofit.
Restricted Stock Dividends	$264,464	Quarterly	Dividends on restricted stock; note that restricted stock units do not receive dividend payments.
HRSP Employer Match	$16,296	As matched	Matches employee contributions up to 5% of eligible base salary under the 401(a)(17) limit.
HRSP Basic	$6,600	As contributed	Contributed at 2% of eligible base pay, subject to the 401(a)(17) compensation limit.
Benefit Restoration Plan	$88,900	As earned	Award earned under the Benefit Restoration Plan.
SERP	$82,000	As contributed	Supplemental Executive Retirement Plan contribution.
All Other	$82,759	Miscellaneous	Other compensation components not specified in detail.

Performance Compensation

Data from FY 2023

Annual Performance Pay Plan (2023)

Metric	Threshold	Target	Maximum	Weight	Actual Result
Net Operating Profit After Tax	$2.866B	$3.125B	$3.383B	80%	$3.040B
Asset Turns	1.852	1.890	1.928	80%	1.878
Sustainability (Non-financial)	N/A	N/A	N/A	10%	Achieved
Diversity & Inclusion	N/A	N/A	N/A	10%	Achieved
Overall Payout	N/A	N/A	N/A	N/A	84% of target

Additional Details:

Grant Date: January 3, 2023.
Grant Date Fair Value:
- Restricted Stock Awards: $3,082,396.
- Performance Share Awards: $3,596,116.
Vesting: Restricted Stock vests at 20% per year over 5 years and Performance Shares vest over a 3-year performance period.

Performance Unit Program (PUP) Cycle (2023)

Metric	Threshold	Target	Maximum	Notes
Relative ROCE	25th percentile	55th percentile	75th percentile	Primary metric based on peer group performance
Performance Shares (#)	23,872	95,489	190,978	Share-based targets reflecting performance outcomes
TSR Modifier	75% multiplier	100% multiplier	125% multiplier	Adjusts payout based on Total Shareholder Return performance

Additional Details:

Grant Date: January 3, 2023.
Vesting: Awards vest over a 3-year period ending on December 31, 2025, with a split of 50% in stock and 50% in cash.

Equity Incentive Plan Awards & Restricted Stock Awards (2023)

Award Type	Grant Date	Grant Date Fair Value	Vesting Schedule	Additional Details
Restricted Stock Awards	01/03/2023	$3,082,396	20% per year over 5 years	Quarterly dividends at $0.16/share; shares non-transferable until fully vested.
Performance Share Awards	01/03/2023	$3,596,116	3-year performance period	Subject to a ±25% TSR modifier; dividends accrue and are paid in cash upon vesting.

This comprehensive performance compensation framework aligns executive incentives with both short-term financial results and long-term strategic goals.