Chevron Shipping Elects William Banks President

William H. Banks, vice president and general manager-operations, Chevron Shipping Company, San Francisco, Calif. 94105, has been elected president, effective August 1. He replaces Lawrence C. Ford, who is retiring after 40 years of service.

Chevron Shipping Company, a subsidiary of Standard Oil Company of California, directs and manages tanker, barge and related shipping activities of Standard's U.S. and international fleets in worldwide oil transport operations.

Mr. Banks will be replaced by Douglas C. Wolcott, currently manager, Traffic Division. The new manager, Traffic Division, will be Charles A. Jordan.

Mr. Banks is a native of Louisiana and a graduate of the University of Arkansas. He served in World War II, leaving the U.S.

Army Air Corps in 1946 as a lieutenant colonel.

He joined the Standard organization in Los Angeles in 1947 as a Marketing Department engineer.

The following year, he was assigned to pipeline operations.

Subsequently, he was appointed to a variety of increasingly responsible petroleum supply and distribution and management assignments.

Mr. Banks was transferred to Chevron Shipping in 1965, and the following year he was named vice president and general manager- operations, a position he held until the present.

Maritime Reporter Magazine, page 17, Aug 1978

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