Chevron Corp. (NYSE: CVX) has appointed Randolph S. Richards as corporate vice president and treasurer, effective May 1. Richards replaces Paul V. Bennett, who is retiring from the position after 36 years of service with the company.
Richards is currently vice president of finance for Upstream. In his new role, Richards will lead Chevron's banking, financing, cash management, insurance, pension investments, and credit and receivables activities. He joined Chevron in 1979, and, since then, has held a variety of senior corporate and operations-related financial positions, including deputy comptroller, general manager of investor relations, and manager of corporate financing within the Treasury Department.
Richards earned a bachelor's degree in industrial engineering at Stanford and a master's degree in business administration from the University of Chicago.