press release

Texaco Press Release - George J. Batavick Elected Domptroller of Texaco Inc.

FOR IMMEDIATE RELEASE: TUESDAY, MARCH 9, 1999.

WHITE PLAINS, N.Y., March 9 - George J. Batavick has been elected Comptroller of Texaco Inc., effective April 1, it was announced today by Chairman and Chief Executive Officer Peter I. Bijur. Batavick succeeds Robert C. Oelkers, who was appointed President of Texaco International Trader Inc.

In making the announcement, Bijur stated, "George Batavick has superior fiscal and leadership skills, and possesses an in-depth understanding of the company's global businesses. His capabilities will be important tools as we seek opportunities to grow the company."

Batavick received a bachelor of science degree in accounting in 1970 from St. Joseph's University in Philadelphia and a Certified Public Accountant Certificate from the State of Pennsylvania in 1973. After serving as an accountant in the public sector, Batavick joined Getty Oil Company in 1975 in Philadelphia as an internal auditor. Following various supervisory auditing assignments, he was named Manager of Internal Auditing in 1978 and Manager of Operations Accounting in 1981. With Texaco's acquisition of Getty Oil in 1984, Batavick was named Manager - Producing Accounting in the Comptroller's Department of Texaco Inc. in Los Angeles. He was named Manager of Financial Reporting at Texaco's corporate offices in White Plains, N.Y., in 1988 and Director - Internal Auditing in 1991. Batavick was appointed Assistant Comptroller in 1994, and to his most recent position as Deputy Comptroller in October 1998.

In his new position, Batavick will continue to serve on the board of directors of Fuel and Marine Marketing LLC., a joint venture combining the global residual fuel and marine lubricants marketing businesses of Texaco and Chevron.

Batavick also serves on the board of directors of the United Way of Westchester and Putnam in N.Y., and is a member of the American Institute of Certified Public Accountants and the Financial Executives Institute.

Batavick will remain at Texaco's corporate center in White Plains, N.Y.

Updated: March 1999