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QUIN NAMED CHIEF FINANCIAL OFFICER OF ASHLAND OIL, INC.; TO BE ELECTED SENIOR VICE PRESIDENT

 QUIN NAMED CHIEF FINANCIAL OFFICER OF ASHLAND OIL, INC.;
 TO BE ELECTED SENIOR VICE PRESIDENT
 ASHLAND, Ky., Nov. 27 /PRNewswire/ -- J. Marvin Quin II has been named chief financial officer of Ashland Oil, Inc. (NYSE: ASH), according to John R. Hall, Ashland chairman and chief executive officer.
 The appointment is effective Feb. 1, 1992, and is being made in anticipation of Quin being elected senior vice president at the company's board meeting on Jan. 30, 1992.
 "Marvin Quin has nearly 20 years of financial experience at Ashland which includes serving as treasurer for the company since 1983," said Hall. "He is extremely qualified to serve as the company's top financial officer and will be joining the company's core management group."
 In this position, Quin will be responsible for all of the corporation's accounting, tax, treasury, internal auditing, planning and analysis, and investor relations functions. He will report to Hall. Quin will succeed Paul W. Chellgren who is to be elected president and chief operating officer at the January 1992 board meeting.
 Quin joined Ashland in 1972 as a financial analyst. He transferred to Ashland Chemical Company, a subsidiary of Ashland Oil, as manager of project analysis in 1974 and held several management positions in planning and development for the subsidiary before being named administrative vice president in 1979. Quin was elected treasurer of Ashland Oil in 1983 and was given additional responsibilities as administrative vice president of finance for the corporation in 1987.
 A native of Vicksburg, Miss., Quin received a bachelor's in finance from the University of Mississippi and a master's in business administration from the University of Virginia. He and his wife Terry have two children and reside in the Ashland area.
 -0- 11/27/91
 /CONTACT: Roger Schrum of Asland Oil, 606-329-4061/
 (ASH) CO: Ashland Oil, Inc. ST: Kentucky IN: OIL SU: PER


JT -- PG005 -- 7651 11/27/91 09:45 EST
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Publication:PR Newswire
Date:Nov 27, 1991
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