The Baker Institute for Public Policy mourns the loss of Stephen Chazen, a devoted and visionary member of its Board of Advisors. Chazen died last week at the age of 76 after an illness.
Chazen was the former chief executive officer of U.S. oil producer Occidental Petroleum Corporation who later founded and led shale company Magnolia Oil and Gas. He joined the Baker Institute’s Board of Advisors in 2016 and provided critical guidance that helped shape the Baker Institute into the world-renowned policy research center it is today.
“Steve was an incredibly effective leader,” said Secretary James A. Baker, III, the institute’s honorary chair. “He transformed Occidental — and in doing so forever changed the energy sector and invigorated the Houston community. His impressive career was built upon an academic foundation; he received his Ph.D. in geology and remained deeply committed to supporting Houston’s institutes of higher learning. He will be forever remembered for his commitment to bridging academia, business and policy by championing empirical, data-driven research.”
“The Baker Institute relies on the wisdom of its leaders to help us explore timely issues and propel our work forward. Steve was a true visionary in the field of energy and a trusted advisor to the Baker Institute,” said Ambassador David M. Satterfield, director of the Baker Institute. “His invaluable support during his tenure on the Baker Institute’s Board of Advisors changed the Baker Institute for the better. We are forever grateful for his service and extend our sincere condolences to his family and loved ones.”