Conoco Chairman Receives 2001 International Citizen of the Year Award.Business/Energy Editors HOUSTON--(BUSINESS WIRE)--April 25, 2001 The Houston World Affairs Council World Affairs Council may refer to:
"It is a great honor for me to receive the International Citizen of the Year Award from this prestigious citizen forum," said Dunham. "The Council's mission is very much one of integrity and character -- demonstrated by its unswerving commitment to education and promoting greater understanding of key international issues." "In today's competitive and globally linked economy, understanding international dynamics is critical to operating profitably, safely and with respect for the needs of local communities. These are components essential to the core values of Conoco," he added. "To receive an award from an organization that recognizes these attributes is very rewarding for me." The Houston World Affairs Council comprises 3,000 highly educated, dynamic individuals who care deeply about international events and U.S. foreign policy. The Council's mission is "to promote politics, economies, cultures and to enhance the ability of its citizens -- especially students -- to participate in the global community." Under Dunham's leadership, Conoco (NYSE NYSE See: New York Stock Exchange :COCA)(NYSE:COCB) was separated from its former parent company, DuPont, through the largest corporate split-off in U.S. history. This followed the October 1998 initial public offering (IPO (Initial Public Offering) The first time a company offers shares of stock to the public. While not a computer term per se, many founders, employees and insiders of computer companies have found this acronym more exciting than any tech term they ever heard. ) of 30 percent of Conoco's stock that yielded $4.4 billion, then the largest ever IPO in the United States. Conoco returned to the New York Stock Exchange New York Stock Exchange (NYSE) World's largest marketplace for securities. The exchange began as an informal meeting of 24 men in 1792 on what is now Wall Street in New York City. under the trading symbol "COC See chip on chip. " and has increased earnings per share every quarter since. After becoming CEO in 1996, Dunham established Conoco University, a global learning resource focused on creating and sustaining a premier learning environment in the energy industry and beyond. The university applies leading edge approaches to the development of employees at all levels in the organization and has been recognized in several leading publications for "Trailblazers," Conoco's senior management development program. Since its creation, several thousand Conoco employees have participated in the university's offerings. And on Feb. 23, 2001, he launched the "Learning is Timeless" program to invest in employees' personal growth by giving them a new computer or other high-tech learning tool for home use. Conoco also supports an extensive list of educational establishments around the world with contributions of more than $2 million annually. In the field of international engagement, Dunham has been an outspoken opponent of the U.S. government's use of unilateral sanctions, believing that dialogue and engagement are more effective tools in changing behavior than isolation or sanctions. This would allow U.S. companies to compete fairly with foreign companies on a level playing field See net neutrality. , he says. Since joining Conoco as an associate engineer in 1966, Dunham has served in almost every aspect of the company -- exploration, production, refining and marketing. He also held senior management positions in DuPont. He is a board member of the U.S.-Russia Business Council U.S.-Russia Business Council (USRBC) is a Washington-based trade association that represents the interests of 300 member companies operating in the Russian market. The Council’s mission is to expand and enhance the U.S.-Russian commercial relationship. and the American Petroleum Institute The American Petroleum Institute, commonly referred to as API, is the main U.S. trade association for the oil and natural gas industry, representing about 400 corporations involved in production, refinement, distribution, and many other aspects of the industry. . He also serves as chairman of the United States Energy Association and the National Petroleum Council, a key advisory body to the U.S. Secretary of Energy, and is on the National Board of the Smithsonian Institution. He is a trustee of the George Bush Presidential Library The George Bush Presidential Library and Museum is the presidential library of George H. W. Bush, the 41st President of the United States. It was dedicated on November 6, 1997 and opened to the public shortly thereafter. Foundation and a member of the Bretton Woods committee, a group of prominent Americans who advocate a strong U.S. commitment to international economic leadership. Dunham and his wife are active members of Second Baptist Church in Houston, where he serves as chairman of the diaconate di·ac·o·nate n. 1. The rank, office, or tenure of a deacon. 2. Deacons considered as a group. [Late Latin di . Conoco is a major, integrated energy company based in Houston and active in 40 countries. |
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