press release

Texaco Press Release - John E. Bethancourt Named President, Production Operations


WHITE PLAINS, N.Y., Mar. 13 - John E. Bethancourt has been named President - Production Operations, it was announced today by John J. O'Connor, Texaco Inc. Senior Vice President and President of Worldwide Exploration and Production. Bethancourt, whose appointment is effective immediately, was most recently Vice President - Upstream Corporate Development.

Commenting on the appointment, O'Connor said, "John Bethancourt is a person of exceptional talent and experience and I am confident in his ability to lead our global production organization. He will be a valuable addition to Texaco's upstream leadership team."

Bethancourt, 48, joined Getty Oil Company as a field engineer in Kilgore, Texas, in 1974 after graduating from Texas A&M University with a bachelor of science degree in petroleum engineering. He subsequently held a series of engineering and management positions of increasing responsibility. Bethancourt joined Texaco upon the company's acquisition of Getty Oil in 1984, and was appointed Area Manager - South Texas in Texaco U.S.A. Producing Operations. In 1989 he was appointed Assistant Division Manager for the Midland Producing Division in Midland, Texas.

Bethancourt was named Assistant to the President and Chief Executive Officer of Texaco in 1991. He joined the company's Middle East/Far East Division in 1993 as Managing Director - Business Development. In 1996 Bethancourt was appointed Vice President of International Business Development in Texaco International Marketing and Manufacturing, and was named to his most recent assignment in November 1997.

In his new role, Bethancourt will relocate to Texaco's Corporate Center in White Plains, N.Y.

Updated: March 2000