financetom
Business
financetom
/
Business
/
Former Chevron CEO Kenneth Derr dies at 87
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Former Chevron CEO Kenneth Derr dies at 87
Jul 15, 2024 12:25 PM

HOUSTON, July 15 (Reuters) - Former Chevron Corp

chairman and CEO Kenneth T. Derr, who led the company between

1989 and 1999, died on Friday shortly before his 88th birthday

surrounded by his family, the company said on Monday.

Derr expanded Chevron's ( CVX ) global operations during his term.

The company entered a partnership in Kazakhstan's massive Tengiz

oil field, signed partnerships in Africa and re-entered Kuwait,

Saudi Arabia and Venezuela. He retired in 1999 after a 40-year

career.

"Ken was truly a great leader whose vision and leadership

helped guide Chevron ( CVX ) through momentous times," CEO Michael Wirth

said in a note.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Update: Organigram Reports Overnight Marketed Public Offering; Down Over 19%
Update: Organigram Reports Overnight Marketed Public Offering; Down Over 19%
Mar 27, 2024
01:55 PM EDT, 03/27/2024 (MT Newswires) -- Organigram Holdings ( OGI ) overnight Tuesday said it plans to raise gross proceeds of about C$25 million via an overnight marketed public offering of units. The units are expected to be comprised of common shares and common share purchase warrants. The company expects to price the offering in the context of the...
Update: MAG Silver Provides Highlights From Updated Technical Report for Juanicipio Mine; Up Over 8%
Update: MAG Silver Provides Highlights From Updated Technical Report for Juanicipio Mine; Up Over 8%
Mar 27, 2024
01:57 PM EDT, 03/27/2024 (MT Newswires) -- MAG Silver Corp. ( MAG ) said Wednesday that it has filed on SEDAR, the Juanicipio Mineral Resource and Mineral Reserves NI 43-101 Technical Report for the Juanicipio Mine, located in the state of Zacatecas, Mexico. The company said the report reflects the strength of Juanicipio's economics over an initial 13-year life of...
Neptune Reports Purchase of 26,964 Solana; Up 2.8%
Neptune Reports Purchase of 26,964 Solana; Up 2.8%
Mar 27, 2024
01:53 PM EDT, 03/27/2024 (MT Newswires) -- Neptune Digital Assets Corp. ( NPPTF ) said Wednesday that it has bought 26,964 Solana tokens, a proof-of-stake blockchain protocol. The company said it has negotiated a strategic purchase of 26,964 Solana at US$64 per SOL token, reflecting a 67% discount to the current market value of US$192 per SOL. Neptune's new Solana...
Update: Petrus Resources' Q4 Profit Climbs, Sales Drop; Provides Outlook for 2024; Up 1.5%
Update: Petrus Resources' Q4 Profit Climbs, Sales Drop; Provides Outlook for 2024; Up 1.5%
Mar 27, 2024
01:56 PM EDT, 03/27/2024 (MT Newswires) -- Petrus Resources ( PTRUF ) overnight Tuesday reported fourth-quarter net income of $39.7 million, or $0.32 per fully diluted share, up from $22.1 million, or $0.17 per fully diluted share, a year earlier. Funds flow for the quarter ended Dec. 31, 2023, was $16.5 million, or $0.13 per fully diluted share, down from...
Copyright 2023-2026 - www.financetom.com All Rights Reserved