Oral History Interview with William Tucker, September 25, 1985 Page: 84
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84
It went off to the shareowners, and Caltex East became Caltex.
I think maybe Jim Voss succeeded someone as...I think in
Jim's career he was president of Caltex East at some point
in time, succeeding the guy who took it originally. I don't
recall who the hell it was over there. I was more Europe-
oriented in those days. Caltex Service Company ceased to
exist in 1967. The whole thing was swept together into one
company at that point in time.
How did that initial reorganization work out?
I think we probably had 1,800 employees in Caltex at the
height of that reorganization. It was a very inefficient
kind of a thing, really. I don't think it ever made sense.
When Alex Singleton succeeded Bill Bramstedt as chairman
of Caltex, I- think we may have peaked at about 1,800 employees
in the New York central office. When we moved to Texas in
1981 or 1982, we moved 560 people. I guess we moved in the
fall of 1981. We were down to about 500 and doing six or
seven times as much business as we'd done in those days. I
think it was a nice, clean concept on paper, but it was
quite inefficient and involved a lot of duplication. So
I would say that was. not our most successful venture. Thatwas M4cKenzite's idea.
In those days we were making a lot of money on the
crude oil when it came out of the ground, and I think we
tended to pAy legs attention to efficiency, more to beingMarcello:
Tucker:
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Marcello, Ronald E. & Tucker, William. Oral History Interview with William Tucker, September 25, 1985, book, September 25, 1985; Denton, TX. (https://texashistory.unt.edu/ark:/67531/metadc2137858/m1/86/?q=%22~1%22~1&rotate=270: accessed July 16, 2024), University of North Texas Libraries, The Portal to Texas History, https://texashistory.unt.edu.; crediting UNT Oral History Program.