News | June 29, 2001

Mike Carthew Elected President Chevron Shipping Company

Thomas R. Moore to retire after 33 years of distinguished service Mike Carthew elected President Chevron Shipping Company

Chevron Corp. (NYSE: CHV) today announced that Thomas R. Moore, president of Chevron Shipping Co., has elected to retire on Sept. 1 after a distinguished 33-year career with the company.

Also effective Sept. 1, Michael L. Carthew will succeed Moore as president of Chevron Shipping Co. Carthew is currently vice president and general manager of Marine Transportation at the company.

"Tom has been an effective and innovative leader during his career at Chevron and has advanced Chevron Shipping Co.'s reputation as an industry leader with an outstanding safety and environmental performance record," said Chairman and CEO Dave O'Reilly. "We have been fortunate to have worked with Tom these past 33 years and wish him well in the future," said O'Reilly.

A native of Johnstown, Pa., Carthew, 49, graduated from the U.S. Merchant Marine Academy at Kings Point, N.Y., with a bachelor's degree in Marine Transportation. He obtained a master's degree in business administration from Duquesne University in Pittsburgh. He joined Gulf Oil Co. in 1974 and held assignments in tanker operations and chartering and served as marine operations manager for Gulf's European businesses based in Great Britain. Following the merger of Gulf and Chevron in 1984, Carthew held a variety of commercial and managerial positions in Chevron's international and domestic businesses as well as an assignment in Chevron Corp.'s human resources department. He assumed his current position with Chevron Shipping Co. in 1999.

Moore, 56, a native of New Jersey, graduated from Cornell University with bachelor's and master's degrees in chemical engineering. He began his career with Chevron in 1968 as a design engineer at the company's Richmond, Calif., refinery, and held various positions there.

In 1976, Moore joined Chevron Shipping Co. as a supervisor in the maintenance and repair division. In 1982, he returned to the refining side of the business and in 1984 was appointed manager of the Saint John, New Brunswick, Canada, refinery owned by Chevron's then affiliate, Irving Oil Ltd. In 1985, he was named vice president and general manager for Irving Oil Ltd. with increased responsibilities including management of the Canaport Terminal and marine operations. He was elected to his present position with Chevron Shipping in April 1994 after serving for six years as its vice president of operations for the company.

Moore has represented the company with many industry organizations including the American Petroleum Institute where he was the chairman of the marine committee. He currently serves on the boards of the Oil Companies International Marine Forum, the American Bureau of Shipping, the International Tanker Owners Pollution Federation, CRISTAL and the UK P&I Club. He has actively promoted initiatives to improve the performance of the oil tanker industry, which now enjoys an excellent record for the safe transportation of petroleum around the world.

"I am proud to have been associated with the industry over these years, and hope that I have helped influence improvements in its quality of performance," said Moore.

SOURCE Chevron Corp.