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    Chevron Names New Chief Technology Officer

    Company promotes former VP of strategic planning, John McDonald.

    SAN RAMON, Calif. -- John McDonald was recently appointed Chevron's new
    chief technology officer (CTO), replacing Donald Paul, who is retiring
    after 32 years at the company, crippsears.com reported.

    "The development and deployment of advanced technology is absolutely
    critical to our success. John combines a deep knowledge of our
    business with a practical understanding of technology application and
    integration," said Dave O'Reilly, Chevron's chief executive.

    McDonald, the former vice president of strategic planning for the
    chain, will take on the role at the start of 2008.

    McDonald's former position will be taken over by Paul Siegele, who is
    currently the company's vice president of deepwater exploration.

    The announcement of the appointments comes several weeks after
    Chevron announced that it expects the first oil from its deepwater
    project in Tahiti to be produced later than expected. Production in the area was planned to begin in 2008, but has been delayed by 12 months.

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