Nick Snow
Washington Editor
WASHINGTON, DC, June 6 -- American Petroleum Institute Pres. Red Cavaney announced his intention to retire effective Nov. 1, API announced June 5. Cavaney will be succeeded by Jack Gerard, currently president of the American Chemistry Council.
Cavaney became API president in 1997 following three years as president of the American Plastics Council and nearly 10 years as the American Forest & Paper Association's president. During his career in Washington, he served on the staffs of US presidents Richard M. Nixon, Gerald R. Ford, and Ronald W. Reagan.
Cavaney's retirement and the appointment of Gerard are the result of a long-term succession plan that has been in place for years, API said.
Before taking ACC's's helm, Gerard served as president of the National Mining Association and was cofounder, with former US Sen. James A. McClure (R-Ida.), of Washington-based lobbying firm McClure, Gerard & Neuenschwander Inc. He also has 10 years' experience as a US Senate and House staff member.
It is anticipated that API's board will formally elect Gerard president at its October meeting, according to Rex W. Tillerson, the trade association's current chairman and chairman of ExxonMobil Corp.
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