press release

Texaco Press Release - Angela E. Vallot Appointed Director of Corporate Diversity Initiatives

FOR IMMEDIATE RELEASE: WEDNESDAY, JULY 29, 1998.

WHITE PLAINS, N.Y., July 29, 1998 - Angela E. Vallot has been named Director, Corporate Diversity Initiatives, it was announced today by Janet Stoner, Texaco Inc. Vice President in charge of worldwide Human Resources. Vallot is currently Director, Stakeholder Relations in the Corporate Planning and Economics Department. The appointment is effective August 1.

Vallot will take over responsibilities previously carried out by Willie M. Stanfield, Assistant to the Chairman of Texaco Inc., including corporate-wide minority business plans and liaison with key national civil rights organizations and trade associations. She will also chair the Texaco Corporate Diversity Council, an internal team that advocates diversity policies and practices throughout the organization. Vallot will report to Texaco's Executive Council through Janet Stoner.

Commenting on the appointment, Stoner said, "Angela Vallot's experience in dealing with stakeholder issues and her background in government relations activities will bring valuable perspectives to her new position. This important role provides guidance and support to all business units."

Prior to joining Texaco, Vallot was a lawyer with the Washington, D.C., law firm of Arent Fox Kintner Plotkin and Kahn, where she represented clients on a broad range of matters, including government relations. Previously, Vallot was with the law firm of Jones Day Reavis and Pogue, and in 1993 served as a member of the Clinton-Gore Transition Team for the U.S. Department of Commerce, where she was Acting Director of the Office of White House Liaison. Vallot was graduated from Mills College in 1977 and Georgetown University Law Center in 1980.

Vallot will remain in Texaco's corporate offices in Harrison, N.Y.

Updated: July 1998