Chevron elects Oaktree Capital’s vice chairman to its board

5:06 AM, 31st October 2017

SAN RAMON, US: Chevron Corporation (CVX) said that it has elected John Frank to its board of directors, effective 2 November. He will serve on the company’s audit committee.

Frank, 61, is vice chairman of Oaktree Capital Management LP, a firm he joined in 2001 as general counsel. Frank was Oaktree’s managing partner from 2005 until 2014.

Previously, Frank was a partner with the law firm of Munger, Tolles & Olson LLP. Prior to joining Munger Tolles in 1984, Frank served as a law clerk to the honourable Frank Coffin of the US Court of Appeals for the First Circuit.

“John Frank brings more than 30 years of legal and finance experience to the company. His knowledge of capital markets and risk management will be valuable to the board,” said John Watson, Chevron’s chairman of the board and CEO.

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