Pryor Named Chevron's VP of Business Development

Chevron has appointed Jay Pryor to the position of vice president for business development. He will report to Dave O'Reilly, the major's chairman and chief executive officer. The appointment is effective May 1, 2006.

"Jay's successful track record with the company and well-rounded experience in the industry make him well-suited to build upon the momentum we have established in this strategic role," O'Reilly said. "The company is committed to pursuing new legacy positions in high-growth regions of the world. Russia, the Middle East, and North Africa are among the areas of focus for us."

Pryor, 48, has served for the past four years as managing director of the Nigeria/Mid-Africa strategic business unit, one of Chevron's largest international upstream operations. While in Nigeria, he successfully led Chevron's commercial efforts aimed at delivering future production growth, such as capturing several new offshore leases and overseeing many major capital projects, including the $5 billion Agbami offshore oil project, the Escravos gas-to-liquids project, and the Olokola LNG project.

Pryor joined Chevron in 1979 and has held numerous positions within the company, including manager of petroleum engineering at Tengizchevroil (a Chevron joint-venture partnership) in Kazakhstan and managing director for Thailand, before moving to Lagos, Nigeria. He holds a bachelor's degree in petroleum engineering from Mississippi State University.

Pryor replaces Sam Laidlaw, whose departure was recently announced.