press release

Chevron Press Release - Perrin Fay, Retired Chevron Vice President, Dies At 74

SAN FRANCISCO, March 29, 1994 -- Perrin Fay, retired vice president--Europe and vice president of Corporate Planning and Development for Chevron Corporation, died at his home in Belvedere Monday, March 28, of cancer, Chevron said today. He was 74.

Fay retired in 1983 after serving the company for 36 years.

He joined Chevron's (then known as Standard Oil Company of California) Comptroller's Department in 1947 after receiving a bachelor's and master's degree in business administration from Stanford University. In 1952, he was named staff assistant to the company's Foreign and Eastern States committee, and in 1954 he became a member of Chevron's Eastern Hemisphere staff.

Fay was elected president of the Iran California Oil Company, a company subsidiary, in 1961, representing Standard's interests in the Iranian Oil Consortium. In 1963, he became assistant vice president of the parent company. In this capacity, he led a study team that evaluated the future of the company's refining and marketing interests in Europe. In 1967, he was assigned vice president--Europe, responsible for guiding the company's entry into the European market.

In 1981, Fay was given the added responsibility of vice president of Corporate Planning and Development.

He also served on the Board of Directors of Amax, Inc., a minerals and metals producer in which Chevron owned a 20 percent interest, from 1976 through his retirement.

Active in many civic organizations, Fay was a founding board member of the Hospice of Marin and served as foreman of the 1987 Grand Jury of Marin County.

Born in Los Angeles, Fay served from 1941 to 1946 in the United States Navy, achieving the rank of Lieutenant Commander. He saw shipboard service in both the Atlantic and Pacific.

Fay is survived by his wife of more than 50 years, Mary, and four children: Bay-area residents Bruce, Kristin and Daniel, and Laurel of New York; three grandchildren, Elizabeth, Rebecca and Conrad; and two sisters, Nancy Fay Johnson of Beverly Hills, and Rusty Fay Klitten of Monarch Beach in Orange County.

A memorial service will be held at 4 p.m. Friday, April 8 at St. Stephens Episcopal Church in Belvedere. In lieu of flowers, the family requests that donations be sent to the Hospice of Marin, Marin Humane Society or American Bach Soloists (Belvedere).

Updated: March 1994