press release

Chevron Press Release - Ray Galvin To Retire As President Of Chevron U.S.A. Production Co.

SAN FRANCISCO, Sept. 26, 1996 -- Chevron today announced that Ray Galvin, a corporation vice president and president of Chevron U.S.A. Production Co., will retire at the end of February after reaching the mandatory retirement age of 65.

He will be replaced by Peter Robertson, 49, who is currently the corporation's vice president of strategic planning and quality. Greg Matiuk, 51, has been elected a corporate vice president to replace Robertson.

"Ray Galvin has been a vital part of the restructuring of Chevron during this decade, and his leadership during a difficult period has been exemplary," said Chairman Ken Derr. "In particular, his ability to balance a keen business sense with a sensitivity to people stands out as a model for all of us.

"No part of Chevron has been through more changes than our U.S. production company, and I salute him for his ability to engineer change, including changes in our culture, while delivering superior financial performance."

As president of the production company, which is based in Houston, Galvin has responsibility for Chevron's oil and gas exploration and production in the United States and Canada.

A native of Cisco, Texas, he graduated in 1953 from Texas A&M University, where he earned a bachelor's degree in petroleum engineering. Galvin began his career with Gulf Oil Corp. in 1953 and served in a variety of engineering and management assignments until the Gulf/Chevron merger was implemented in 1985.

He then became a regional vice president of exploration and production for Chevron's domestic oil and gas operations. In 1988, he became a senior vice president, and in 1992 was elected to his current post. In 1995, he was elected to the Chevron Board of Directors.

Galvin is chairman of the Natural Gas Council and the Natural Gas Supply Association and serves on a variety of other committees and boards in the industry and in academia.

Effective Oct. 1, Robertson will become executive vice president of Chevron U.S.A. Production Co. in order to ensure a smooth transition. He will become president on March 1.

As a corporate vice president, Robertson has been responsible for strategic planning and coordination of quality improvement activities.

He joined Chevron in 1973, and held a number of analytical and managerial assignments prior to being elected vice president, finance, of Chevron U.S.A. Inc. in 1989. In 1991, he was named president of Warren Petroleum Co., formerly Chevron's natural gas liquids unit in Tulsa, Okla. He was elected to his present post in 1994.

"Peter's diverse business experience, coupled with his outstanding leadership and people skills, make him an ideal choice to succeed Ray at the production company," said Ken Derr.

Robertson, a native of Edinburgh, Scotland, earned a bachelor's degree in mechanical engineering at Edinburgh University and holds a master of business administration degree from the University of Pennsylvania, Wharton School.

He is on the board of NGC Corp., a Chevron affiliate which just merged with Warren Petroleum and Chevron's natural gas liquids business to become the largest natural gas and gas liquids marketer in North America.

Matiuk is currently the corporation's manager of strategic planning. Prior to that, he was vice president of Chevron U.S.A. Production Co.'s Western Business Unit in Bakersfield, and was general manager of Chevron's oil production business unit in Aberdeen, Scotland.

Matiuk joined Chevron in 1967 after receiving a degree in geological engineering from Michigan Technological University.

Updated: September 1996