Conoco Board Elects Cornelius Treasurer.Business/Energy Editors HOUSTON--(BUSINESS WIRE)--Jan. 4, 2001 Conoco Inc. (NYSE NYSE See: New York Stock Exchange :COCA) (NYSE:COCB) today announced that its board of directors has elected Sigmund L. (Sig) Cornelius to serve as treasurer. Cornelius replaces Miguel W. (Mike) Espinosa, who will retire in April after 35 years with the company. Cornelius joined Conoco in 1980 and held several positions in the company's natural gas and gas products unit, with assignments in Texas, Louisiana, Oklahoma and New Mexico New Mexico, state in the SW United States. At its northwestern corner are the so-called Four Corners, where Colorado, New Mexico, Arizona, and Utah meet at right angles; New Mexico is also bordered by Oklahoma (NE), Texas (E, S), and Mexico (S). . In 1989, he was named manager of natural gas sales in Houston. In 1992, he was named manager of business development for the upstream North America North America, third largest continent (1990 est. pop. 365,000,000), c.9,400,000 sq mi (24,346,000 sq km), the northern of the two continents of the Western Hemisphere. group. He moved to Calgary, Alberta, in 1994 as president and general manager of Conoco Canada Limited. In 1997 he became president of Dubai Petroleum Company, a Conoco affiliate in the United Arab Emirates United Arab Emirates, federation of sheikhdoms (2005 est. pop. 2,563,000), c.30,000 sq mi (77,700 sq km), SE Arabia, on the Persian Gulf and the Gulf of Oman. . Two years later, he was named assistant treasurer and general manager over mergers, acquisitions and structured finance in the treasury department in Houston. A native of Maquoketa, Iowa, Cornelius holds a bachelor of science Noun 1. Bachelor of Science - a bachelor's degree in science BS, SB bachelor's degree, baccalaureate - an academic degree conferred on someone who has successfully completed undergraduate studies from Iowa State University Academics ISU is best known for its degree programs in science, engineering, and agriculture. ISU is also home of the world's first electronic digital computing device, the Atanasoff–Berry Computer. , a master's of science from Purdue University, and a master's degree in management from the Sloan Program at the Stanford University Graduate School of Business. Cornelius lives in Houston with his wife and three children. Conoco is a major, integrated energy company active in more than 40 countries. http://www.conoco.com http://www.conoco.com/pa/00nr/treasurer.html to access picture |
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