Kenneth T. Derr
Encyclopedia
Kenneth T. Derr is a member of the board of directors of the Halliburton Company. He is a retired Chairman of the Board, Chevron Corporation
(international oil company). He served as Chevron's Chairman and Chief Executive Officer from Jan. 1, 1989, to Dec. 31, 1999, when he was succeeded by David J. O'Reilly
. Derr is also a former Chairman of the Board of Calpine Corporation, a director of Citigroup
Inc., and a former director of Potlatch Corporation. He is a member of the Council on Foreign Relations
.
Derr attended Cornell University
and was a member of the Sphinx Head Society and the Sigma Phi Epsilon
fraternity.
Derr had served as the vice chairman starting in 1985, where he was responsible for the firm's domestic operations. He had earlier spent a year and a half charged with responsibility for implementing the merger of Chevron and Gulf Oil
after the firm purchased Gulf in 1984. In August 1988, Chevron named Derr as chairman to succeed George M. Keller
, who would be reaching the mandatory retirement age of 65. Keller was to leave office as of January 1, 1989.
Chevron Corporation
Chevron Corporation is an American multinational energy corporation headquartered in San Ramon, California, United States and active in more than 180 countries. It is engaged in every aspect of the oil, gas, and geothermal energy industries, including exploration and production; refining,...
(international oil company). He served as Chevron's Chairman and Chief Executive Officer from Jan. 1, 1989, to Dec. 31, 1999, when he was succeeded by David J. O'Reilly
David J. O'Reilly
David J. O'Reilly , is former chairman and CEO of Chevron Corporation. In 1968, he graduated with a bachelor's degree in chemical engineering from University College, Dublin, from which he also received an honorary doctor of science degree in June 2002. He began his career with Chevron Research...
. Derr is also a former Chairman of the Board of Calpine Corporation, a director of Citigroup
Citigroup
Citigroup Inc. or Citi is an American multinational financial services corporation headquartered in Manhattan, New York City, New York, United States. Citigroup was formed from one of the world's largest mergers in history by combining the banking giant Citicorp and financial conglomerate...
Inc., and a former director of Potlatch Corporation. He is a member of the Council on Foreign Relations
Council on Foreign Relations
The Council on Foreign Relations is an American nonprofit nonpartisan membership organization, publisher, and think tank specializing in U.S. foreign policy and international affairs...
.
Derr attended Cornell University
Cornell University
Cornell University is an Ivy League university located in Ithaca, New York, United States. It is a private land-grant university, receiving annual funding from the State of New York for certain educational missions...
and was a member of the Sphinx Head Society and the Sigma Phi Epsilon
Sigma Phi Epsilon
Sigma Phi Epsilon , commonly nicknamed SigEp or SPE, is a social college fraternity for male college students in the United States. It was founded on November 1, 1901, at Richmond College , and its national headquarters remains in Richmond, Virginia. It was founded on three principles: Virtue,...
fraternity.
Derr had served as the vice chairman starting in 1985, where he was responsible for the firm's domestic operations. He had earlier spent a year and a half charged with responsibility for implementing the merger of Chevron and Gulf Oil
Gulf Oil
Gulf Oil was a major global oil company from the 1900s to the 1980s. The eighth-largest American manufacturing company in 1941 and the ninth-largest in 1979, Gulf Oil was one of the so-called Seven Sisters oil companies...
after the firm purchased Gulf in 1984. In August 1988, Chevron named Derr as chairman to succeed George M. Keller
George M. Keller
George Matthew Keller was the chairman of Standard Oil Company of California in the 1980s, where he oversaw its merger with Gulf Oil to form Chevron Corporation in 1984....
, who would be reaching the mandatory retirement age of 65. Keller was to leave office as of January 1, 1989.
Quotes
- I believe we have an obligation to use our technology to minimize the environmental impact of our operations and our products. What disturbs me is not the ever-present and perfectly valid public requirements for health and safety in the use of energy. Rather I'm distressed by a growing public conviction that oil does not . . . and can not . . . meet those requirements. http://www.chevron.com/news/archive/chevron_speech/1994/94-2-8.asp
- A 1991 poll showed that 74 percent of Americans think the greenhouse effect is a problem. And 41 percent believe it's a serious problem. Some people in our industry tend to simply wave the issue away by saying that the threat is unproven. That's true; but it's not an appropriate response. http://www.chevron.com/news/archive/chevron_speech/1994/94-2-8.asp