press release

Texaco Press Release - Willie M. Stanfield to Head Diversity Efforts in the Office of the Chairman

FOR RELEASE: WEDNESDAY, NOVEMBER 20, 1996.

WHITE PLAINS, N.Y., Nov. 20 - Willie M. Stanfield has been named to the position of Assistant to the Chairman of Texaco Inc., responsible for corporate-wide minority business plans and interaction with key national civil rights and business leaders, it was announced today by Texaco Inc. Chairman and Chief Executive Officer Peter I. Bijur. Stanfield's appointment to this position, which reports directly to the Chairman, is effective immediately.

Commenting on the appointment, Bijur stated, "Texaco's commitment to making the company a model of workplace opportunity for all men and women requires leadership and coordination. Willie Stanfield has both the insight and breadth of background to effectively move Texaco ahead in this vital area. He will coordinate for the Chairman's office all activities involved with the planning and execution of Texaco's diversity efforts, including serving as liaison to the leadership of the African American community. His responsibilities will include working with all minority constituency groups.

"In addition to the programs of minority recruitment and promotions, Texaco will increase interaction with the minority business and civic communities. Texaco will establish new relationships in business segments such as banking, investment management, insurance, legal services, advertising, human resources and marketing. We also will undertake a separate business plan to increase the number of Texaco-branded stations owned by minorities and women," Bijur said.

These initiatives will be complemented by a national program to build relationships with national minority leaders and increase Texaco's philanthropic, cultural and academic activities in minority communities.

"With Willie's experience in constituency relations and operations, I am confident in his ability to represent the company's interests as we move forward in this critical area," Bijur concluded.

Stanfield, 49, most recently held the position of Director of U.S. Public and Government Affairs, Eastern U.S. In this position, he was responsible for all Public and Government Affairs and constituency relations activities in the Mid-Continent, Southeast and Northeast Regions.

He was graduated in 1981 from Northeastern University in Boston with a bachelor of science degree in transportation and distribution management. Stanfield began his career with Texaco in 1965 at the company's executive offices in New York and was appointed a Sales Representative in 1970 in New York City. Stanfield was subsequently promoted to positions of increasing responsibility on both the East Coast and in Houston.

Following the formation of Star Enterprise (a 50/50 refining and marketing joint venture between subsidiaries of Texaco and Saudi Aramco) in 1988, Stanfield was named Coordinator of Administration for Supply and Distribution for the new company. He was appointed Baton Rouge (La.) Area Manager for Star Enterprise in 1989, and later that year was named District Operations Manager in Fairfax, Va.

In 1993 he was named Area Operations Manager of Star Enterprise's Northeast Region. Stanfield returned to Texaco that same year when he was appointed Manager of Environmental Remediation for Texaco Refining and Marketing Inc. in Houston, and in 1994 he was named Assistant to the President of Texaco USA.

Stanfield will relocate to Texaco's corporate offices in Harrison, N.Y.

Updated: November 1996