USX CORP
8-K, 2000-03-03
PETROLEUM REFINING
Previous: UAL CORP /DE/, PRE 14A, 2000-03-03
Next: WESCO FINANCIAL CORP, 8-K, 2000-03-03



                                  UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION

                             Washington, D.C.  20549


                             -----------------------

                                    FORM 8-K

                                 CURRENT REPORT

                       Pursuant to Section 13 or 15(d) of
                       The Securities Exchange Act of 1934

                             -----------------------

                Date of Report (Date of earliest event reported):
                                  March 2, 2000


                                 USX Corporation
- --------------------------------------------------------------------------------
                                      ----
             (Exact name of registrant as specified in its charter)


           Delaware             1-5153            25-0996816
       ---------------       ------------    -------------------
       (State or other       (Commission        (IRS Employer
       jurisdiction of       File Number)    Identification No.)
        incorporation)

600 Grant Street, Pittsburgh, PA                            15219-4776
- ---------------------------------------                     ----------
(Address of principal executive offices)                    (Zip Code)

                                 (412) 433-1121
                         ------------------------------

                         (Registrant's telephone number,
                              including area code)
<PAGE> 2

Item 5.  Other Events

On March 2, 2000, USX Corporation announced that Clarence P. Cazalot, Jr. had
been elected president of Marathon Oil Company.  He also was named vice-chairman
of USX Corporation and elected to the USX board.  A copy of the press release
announcing Mr. Cazalot's election is attached.


Item 7.  Financial Statements and Exhibits

     (c)  Exhibits

       99.1.   USX Press Release




                                    SIGNATURE

     Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.

USX CORPORATION


By   /s/ Kenneth L. Matheny
     -----------------------
     Kenneth L. Matheny
     Vice President and Comptroller



Dated:  March 3, 2000




                              Contact:  William E. Keslar
                                        (412) 433-6870

FOR IMMEDIATE RELEASE

     PITTSBURGH, March 2 - USX Chairman and Chief Executive Officer Thomas J.
Usher announced today that the board of directors has elected Clarence P.
Cazalot, Jr. president of Marathon Oil Company.  He also was named a vice-
chairman of USX Corporation and elected to the USX board.
     Cazalot, 49, had been vice president of Texaco Inc. and president -
production operations.
     Usher emphasized in his announcement that Cazalot's breadth of experience
in all phases of the oil and gas business will serve Marathon Oil well during
this highly competitive era.  "Clarence has solid leadership skills and broad
industry experience that will help Marathon reach its stated goal of future
growth on a worldwide basis," Usher declared.
     In accepting his new post with Marathon, Cazalot said, "I'm pleased to be
joining a company with such a great reputation.  Marathon is a world class oil
company with great potential to grow and prosper.  I look forward to working
with Marathon's fine management team to take the company to the next level of
success."
     Cazalot is a native of New Orleans and was graduated from Louisiana State
University with a degree in geology.  He joined Texaco in Bellaire, Texas in
1972 as a geophysicist.  He transferred to the offshore division in New Orleans
in 1974.  He held a number of posts there before being named assistant district
geologist in 1976, district geologist in 1977, assistant division geologist in
1979 and regional manager of exploration in 1981.
                                     -more-
     He was appointed staff geologist for the exploration and producing
executive committee of Texaco Inc. at the executive offices in Harrison, N.Y. in
1984.  The following year, he was named assistant to the vice-chairman.  He was
named general manager of the frontier exploration department in 1987 in
Bellaire, Texas.  He was elected a vice president of Texaco Inc. and president
of Texaco's Latin America/West Africa Division based in Coral Gables, Florida in
early 1992.
     In 1994, Cazalot was named president of Texaco Exploration and Production
Inc., in Houston.  He was named to the position of president of international
marketing and manufacturing on January 1, 1997.  He was named president -
international production and chairman of London-based Texaco Ltd. on January 1,
1998.  He moved to his latest post in White Plains, N. Y. in January 1999.
     Houston-based Marathon Oil Company is part of the USX-Marathon Group (NYSE:
MRO), a unit of USX Corporation.
                                      -o0o-
2000-3-2
     Visit our Websites located at www.usx.com or www.marathon.com.





© 2022 IncJournal is not affiliated with or endorsed by the U.S. Securities and Exchange Commission