Page 43: of Maritime Reporter Magazine (September 1977)

Gulf Oil Trading & Transportation

Announces Management Changes

The following management changes have been announced by Gulf Trading & Trans- portation Company (GT&T) president Her- bert I. Goodman.

Edward A. Monto, formerly president,

Compania Maritima Gulf S.A., an affiliate of Gulf Oil Corporation, is appointed gen- eral manager, crude oil sales-domestic mar- kets. Replacing Mr. Monto in Madrid is

Richard Swanson, formerly general man- ager of Gulf Oil Terminals (Ireland) Ltd.,

Bantry Bay. Succeeding Mr. Swanson in

Bantry Bay is Donald P. Ash, formerly ma- rine coordinator in GT&T's marine depart- ment in Philadelphia, Pa.

Prior to his tenure in Spain, Mr. Monto served as staff advisor-crude sales coordi- nation, Gulf Oil Trading Company (GOTCO).

He joined Gulf in the marketing and sales department in 1969 and held a variety of sales positions, until joining GOTCO in 1973.

He was named director, sales coordination-

Latin America in 1974. A native of Miami,

Fla., he received his B.B.A. degree from the

University of Miami in 1968.

Mr. Swanson was transferred to Bantry,

Ireland, in March 1975, from his position as director, construction-Spain, which he had held since 1970. He joined Gulf in 1941 in

New York, and held a succession of positions including director, construction-Japan, 1967; manager, maintenance & repair, Gulf Oil

Marine Agency, S.A., Antwerp, Belgium, 1965, and port engineer, New York, 1963.

A native of New York City, he graduated from Newtown High School in July 1941.

He joined the U.S. merchant marine in 1942, and graduated from U.S. Maritime Service

Officers Candidate School, Fort Trumbull,

Conn., in October 1944. In Spain, his respon- sibilities will include direct responsibility for operation of the Spanish tanker fleet, crude oil sales and exchange activities in Spain, liaison responsibility for tonnage exchanges in Spain, and management and operations of the affiliate fleet.

Mr. Ash joined Gulf in 1952 in Pittsburgh as staff assistant, coordination department.

He has six years of overseas experience in all phases of marine management of Gulf's transportation subsidiaries. As marine co- ordinator 1976-77 in Philadelphia, he di- rected contract negotiations leading to Gulf's first U.S.-flag supertanker newbuildings.

A native of Stamford, Conn., Mr. Ash received a B.A. degree in 1948 from Dart- mouth College and an M.B.A. degree the fol- lowing year from the college's Amos Tuck

School of Business Administration.

Dravo Elects Hinrichs

Vice Pres., Acquisitions

Dravo Corporation has announced the elec- tion of Walter E. Hinrichs as vice president, acquisitions.

Mr. Hinrichs joins the Pittsburgh, Pa.- based engineering, construction, manufac- turing and natural resources development firm following eight years with the Singer

Company, where he served most recently as corporate director of acquisitions.

In his new post, he will plan and execute corporate acquisitions for profit growth through diversification and through entry into new worldwide fields of business. He will also assist Dravo operating units in the expansion of existing business.

Mr. Hinrichs holds an A.B. degree from

Amherst College, an M.B.A. degree from

Harvard Business School, and an L.B. de- gree from Harvard Law School.

Professional advanced marine enterprises,incorporated

NAVAL ARCHITECTURE

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September 1, T977 21