2007 Outstanding Business Leader
Dave Hentschel spent his entire career with the same company or the successors to that company, Cities Service Company. While his career started in the petroleum engineering area, it eventually expanded to almost every operating and service area of the company.
Hentschel received a B.S. in Petroleum Engineering from Louisiana State University in 1957. While a member of the U.S. Air Force, he spent a year at Oklahoma State University, receiving the equivalent of a B.S. in Meteorology in 1958.
After the acquisition of Cities by Occidental Petroleum in 1982, Hentschel was the chief negotiator of the sale of Citgo to the Southland Corporation. After running the domestic operation for Oxy for three years, Hentschel became the chairman and CEO of Occidental Oil and Gas Corporation in 1986, the worldwide oil and gas operation of the parent company. In 1987, he was elected to the Board of Occidental. He retired in 1993, but returned to the position of CEO of the oil and gas unit from 1997 to 1999, when he retired again.
Hentschel has served on the board of Nexen, a Canadian-based oil and gas company (previously Canadian Occidental Petroleum), since 1985. He was president and CEO of this company from 1995 to 1997.
Additionally, he currently serves on the board of Cimarex and the boards of the Luis Palau Evangelistic Association and In His Image. He previously served on the boards of Bank of Oklahoma and Saint Francis Hospital.
Along with his wife Clydella, Hentschel has been involved in many community activities including the United Way, Salvation Army, Day Center for the Homeless, First United Methodist Church, the American Diabetes Association, the Juvenile Diabetes Research Foundation and others. In 1992 and 1993, Clydella and Dave served as co-chairs of the Tulsa Area United Way General Campaign and then of the Board.