press release

George M. Keller, Former Chevron Chairman and CEO, Remembered as 'a True Leader and Visionary'

SAN RAMON, Calif., Oct. 17, 2008 - David J. O'Reilly, chairman and chief executive officer of Chevron Corporation (NYSE: CVX), commented today on the passing of George M. Keller, the company's former chairman and chief executive officer. Keller was 84.

"George was a true leader and visionary, and he was deeply respected by all those who had the fortune to work with him," said O'Reilly. "His tireless efforts in leading the acquisition of Gulf Oil created the foundation for the Chevron we know today. On behalf of our board of directors and 59,000 employees around the globe, we are truly saddened by his passing."

Former Chevron Chairman and CEO George M. Keller

Former Chevron Chairman and CEO George M. Keller (Chevron Photo)

Keller joined Chevron in 1948 after serving in the U.S. Army Air Force during World War II and graduating as a chemical engineer from the Massachusetts Institute of Technology. He served in positions of increasing responsibility, starting as a design and construction engineer on refinery and chemical facilities.

In 1967, Keller was named assistant vice president of Foreign Operations. The following year he was promoted to assistant to the president. He was named vice president of the corporation in July 1969; a director in August 1970; vice chairman in February 1974; and chairman of the board in May 1981. He retired from the company on Dec. 31, 1988.

Keller was a director of SRI International (chairman 1989-1993). He was also a member of The Business Council, World Affairs Council, Commonwealth Club of California and the Metropolitan Life Insurance Company's Directors' Advisory Council. He served on the board of trustees of Notre Dame de Namur University (Belmont, CA - chairman 1982-1994), the Massachusetts Institute of Technology (1981-1986) and the Coyote Point Museum. He was a director of the Bay Area Council (chairman 1985-1988) and chair emeritus of Stanford Institute for Economic Policy Research (1987-1988). He was president of the George M. and Adelaide M. Keller Foundation.

Keller was former chairman of the Board of the American Petroleum Institute and chairman of the board of directors of the United Way of the Bay Area. He has also served as a director for the Boeing Co., First Interstate Bancorp, First Interstate Bank of California, McKesson Corp., the Chronicle Publishing Co., and Metropolitan Life Insurance Co.

Chevron Corporation is one of the world's leading integrated energy companies, with subsidiaries that conduct business across the globe. The company's success is driven by the ingenuity and commitment of approximately 59,000 employees who operate across the energy spectrum. Chevron explores for, produces and transports crude oil and natural gas; refines, markets and distributes transportation fuels and other energy products; manufactures and sells petrochemical products; generates power and produces geothermal energy; provides energy efficiency solutions; and develops and commercializes the energy resources of the future, including biofuels and other renewables. Chevron is based in San Ramon, Calif. More information about Chevron is available at www.chevron.com.

Updated: October 2008