Texaco

Founded : 1902
Primary industry/service : Petroleum
Total revenue : $31.7 billion
Net revenue : $578 million
Current CEO : Peter I. Bijur (until October 16th, 2000 when Texaco and Chevron merged.  The CEO of Chevron became the CEO of ChevronTexaco.
CEO salary : $3.4 million plus $2.8 million of stock options exercised.
Philanthropy : According to representative Kieran Murray Texaco spent $23 million on charitable programs worldwide in 1999 (4% of net revenue).  Exactly what constitues a charitable program was not specified in this figure, but according to Texaco's website, their donations go towards education and community events such as the opera and auto racing.

Checklist :

The Good
[  ]  one of top 50 best companies for minorities
[  ]  one of top 100 companies for working mothers
[X]  Has a non-discrimination policy that includes sexual orientation

To Be Improved
[X] - sites in non-democratic nations
[  ] - child labor violations in last five years
[X] - environmental violations in last five years

Environment

Labor
Other


For more information

This information sheet was last updated Oct. 16, 2000
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