NEW MANAGEMENT ASSIGNMENTS ANNOUNCED BY ARCO
NEW MANAGEMENT ASSIGNMENTS ANNOUNCED BY ARCO LOS ANGELES, June 22 /PRNewswire/ -- ARCO's (NYSE: ARC) board of
directors today shifted the responsibilities of several officers and elected Mike R. Bowlin as executive vice president and a member of the board of directors.
In announcing the changes, ARCO chairman and chief executive officer Lodwrick M. Cook said that Marlan W. Downey has been elected ARCO senior vice president and president of ARCO International Oil and Gas Co., the post previously held by Bowlin. Other changes announced today are: Ronald J. Arnault, executive vice president and member of the board of directors, will return to the position of chief financial officer. Arnault's immediate previous assignment included responsibility for ARCO's international and Lower 48 oil and gas divisions and ARCO Coal Co. James S. Morrison, executive vice president, will direct the company's External Affairs and Human Resource function, as well as the Legal and Exploration and Technology organizations. The changes are effective immediately. Bowlin's new areas of responsibility will include ARCO International Oil and Gas Co., ARCO Oil and Gas Co., and ARCO Coal Co. Bowlin, 49, has served in variety of management and executive positions during his 23-year ARCO career. Downey, 60, joined ARCO in 1990 as senior vice president of Exploration for the Texas-based international company after many years of international oil and gas experience, both in the industry and as an independent consultant. "These changes will add to our management strengths, bringing additional talent to our senior management group as we prepare for the retirement of senior executives in coming years," said Cook. -0- 6/22/92 /CONTACT: Albert Greenstein of ARCO, 213-486-3384/ (ARC) CO: ARCO ST: California IN: OIL SU: PER EH-KJ -- LA002 -- 2505 06/22/92 15:28 EDT
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|Date:||Jun 22, 1992|
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