Matthew J. Foehr to retire after 33-year distinguished career
SAN RAMON, Calif.--(BUSINESS WIRE)--Feb. 2, 2015--
Chevron Corporation (NYSE:CVX) today named Jeanette L. Ourada as
corporate vice president and comptroller effective April 1. Ourada
succeeds Matthew J. Foehr, who will retire from the company March 31
after 33 years of outstanding service.
In her new role Ourada will lead corporatewide accounting, financial
reporting and analysis, and internal controls. Additionally she will
oversee Finance Shared Services, the organization she has led since July
2013.
“Jeanette has proved to be an effective and versatile leader,” said John
Watson, Chevron’s chairman and chief executive officer. “The breadth of
her financial experience, both inside and outside the energy sector,
makes Jeanette ideally qualified to assume this important leadership
role within our global finance organization.”
Since joining Chevron as part of the Unocal acquisition in 2005, Ourada,
49, has held a series of leadership roles within the finance
organization. Before assuming her current role as the general manager of
Finance Shared Services, Ourada served as assistant treasurer, operating
company support and intercompany financing. From 2009 to 2012 she was
general manager of investor relations. From 2007 to 2009 Ourada was
general manager of finance for Chevron’s Asia South Business Unit in
Bangkok, Thailand. From 2005 to 2007 she was responsible for Chevron
International Exploration and Production Company’s forecasting and
reporting group. Earlier Ourada held positions at Atlantic Richfield,
Universal Studios and Weyerhaeuser.
Commenting on Foehr, Watson said: “Matt has had a dynamic career and
established himself as a highly respected member of our senior
management and global finance teams. His contributions will be lasting.”
Foehr, 57, joined Chevron in 1982. Since that time, he advanced through
a number of finance positions of increasing responsibility in corporate
finance as well as in Chevron’s operating lines of business. In 2003,
Foehr was appointed vice president of finance for Chevron’s Global
Downstream business. In 2007, he assumed the top financial role in
Chevron’s Global Upstream and Gas business. He was named to his current
position in 2010.
Chevron is one of the world’s leading integrated energy companies, with
subsidiaries that conduct business worldwide. The company’s success is
driven by the ingenuity and commitment of its employees and their
application of the most innovative technologies in the world. Chevron is
involved in virtually every facet of the energy industry. The company
explores for, produces and transports crude oil and natural gas;
refines, markets and distributes transportation fuels and other energy
products; manufactures and sells petrochemical products; generates power
and produces geothermal energy; and develops the energy resources of the
future, including biofuels. Chevron is based in San Ramon, Calif. More
information about Chevron is available at www.chevron.com.
Source: Chevron Corporation
Chevron Corporation
Kurt Glaubitz, San Ramon, +1-925-790-6928
