Photo of: Robert Abboud

Robert G. Abboud This is Me

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Ivanhoe Energy Inc.
New York

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This profile was automatically generated using 117 references found on the Internet. This information has not been verified. Learn more...

Employment History

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Board Membership and Affiliations

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Education

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  1. 1. Ivanhoe Energy - Board of Directors - Thu Jun 26, 2008
    www.ivanhoe-energy.com/s/Board - [Cached]

    Published on: 6/26/2008   Last Visited: 6/26/2008

    Robert AbboudCo-Chairman and Independent Lead Director

    Robert Abboud, President of A. Robert Abboud and Company, a private investment company, has had 45-year career in oil and gas, banking and foreign affairs.He was previously President and Chief Operating Officer of Occidental Petroleum Corporation, Chairman of First Chicago Corporation and The First National Bank of Chicago, Chairman of First City Bancorporation of Texas and Chairman of ACB International, Ltd., a joint venture which included the Bank of China and a subsidiary of the Chinese Ministry of Foreign Relations and Trade.He has also served on numerous Boards of Directors, many of them as Audit Committee Chairman.
  2. 2. www.consumersforpeace.com
    www.consumersforpeace.com/ - [Cached]

    Published on: 1/20/2008   Last Visited: 1/20/2008

    While blood is flowing freely in Iraq's streets, A. Robert Abboud, a man who helped bail George W. Bush out of his Harken Energy fiasco, is angling for a contract that will give his firm, Ivanhoe Energy Inc., access to a major oil field in north central Iraq.
    ...
    Mr. Abboud, who runs his own investment company and who has been president of Occidental Petroleum (1980-84), chairman of the First National Bank of Chicago (1975-80) and chairman and CEO of First City Bancorporation of Texas (1988-91), is co-chairman at Ivanhoe Energy and appears to be acting as the firm's diplomatic frontman in going after the Iraqi oil.

    He has experience in Iraq, working in concert with the administration of Bush senior to promote trade with Iraq under Saddam Hussein, acting in the 1980s as chairman of the United States-Iraqi Business Forum.In this role he worked with Henry Kissinger's consulting firm and major U.S. companies that were clients of the Kissinger firm, according to a fascinating statement presented to Congress in 1991 by Cong.Henry Gonzalez D-TX, who said Mr. Abboud, because of his executive experience, "was well-wired into the U.S. business community."
    ...
    Speaking to investors and the business press in an Ivanhoe conference call on April 20, 2007, Mr. Abboud reassured his listeners that he had experience in violent situations like Iraq.He referred to what he said was the success of Occidental in entering Colombia at a time when guerrilla warfare and drug trading created dangerous conditions.He neglected to add that Occidental, according to the website World War 4, lobbied the U.S. "to expand its role in Colombia, allowing military aid to be used for pipeline protection.This year (2002) President (George W.) Bush's administration has complied, proposing $98 million to protect the duct."

    He did not note either that, according to the U.S.
    ...
    Mr. Abboud, in joining Ivanhoe Energy for an annual $250,000 salary and about $1.4 million in stock and stock options, is working with Robert Friedland, Ivanhoe's largest stockholder, nicknamed "Toxic Bob."
    ...
    Ivanhoe "will closely monitor" the development of the new law, Mr. Abboud said on the conference call.The United States is pushing hard for the immediate passage of this law, and its passage is one of the benchmarks that will be used to determine whether the U.S. will continue to keep troops in Iraq.The oil law is opposed by Iraqi oil union workers and many others.

    The second hurdle, once the oil law is passed, is the selection of Ivanhoe by Iraqi officials to develop the field.Mr. Abboud said on the conference call that, in a recent trip to the Persian Gulf, he spoke with Iraqi officials about the oil venture and that he thought that the relationships that Ivanhoe officials have developed with Iraqis would be fruitful.It's important to remember, he said, that: "It's their oil.
    ...
    The October 9, 2002 Wall Street Journal (WSJ) reporting on the role of Harvard University in the bailout of Harken Energy, notes that one of the key steps in preventing the failure of Harken was a 1990 agreement by First City Bancorporation of Texas, then headed by Mr. Abboud, to take over Bank of Boston loans to Harken that were technically in default.Mr. Abboud is a graduate of Harvard College, Harvard Law and Business Schools.
    ...
    "At the time," the WSJ reports, "First City was controlled by Robert Abboud, ,(a) supporter of the senior Mr. Bush who attended a White House event 10 days before that bailout's (First City's) approval.
    ...
    In an interview, Mr. Abboud said Harvard's backing was a key factor in First City's decision to approve the Harken bailout and that it wasn't influenced by his relationship with the then-president."
  3. 3. McHenry County Council of Governments
    www.mchenrycountycog.org/about - [Cached]

    Published on: 5/3/2008   Last Visited: 5/3/2008

    President Robert Abboud, Legislative and Intergovernmental Committee Chairman

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