Oral History Interview with Stephen E. Van Nostrand, April 20, 1987 Page: 99
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99
Marcello:
Van Nostrand:Standard Vacuum--that we had a consent decree that permitted
us to continue to operate. But obviously this could not be
done in the European operation as it was prior to this
nderstanding. That was what I gathered as being one of the
forces, rather than just the discontent between parents.
I think the discontent between parents as to how Caltex
operates is probably basic and never ending. I explained
my theory, that they operate so differently.. Through
their emerging years, they've had different kinds of market-
places in which to operate and this may have dictated
different styles. These styles can be conflicting. The
spinoff didn't change any of that; I think they probably
were just discontented--perhaps more--with each other in
Europe than they were with Caltex.
I think it goes without saying, Mr. Van Nostrand, that
Caltex has been a highly successful company in the fifty
years of its existence. Do you have any general thoughts
has to why it has been so successful?
I don't really have thoughts as to why it s been so successful.
I probably have more questions as to how it ever came to be
successful. With the makeup it has, I think it's quite
obvious that it's an awkward corporate structure to have
two competing organizations attempting to be in complete
harmony on a very large operation that incorporates so many
different problems. I think that it's impossible to separate
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Marcello, Ronald E. & Van Nostrand, Stephen E. Oral History Interview with Stephen E. Van Nostrand, April 20, 1987, book, April 20, 1987; Denton, Texas. (https://texashistory.unt.edu/ark:/67531/metadc306889/m1/101/?q=%22~1%22~1: accessed July 16, 2024), University of North Texas Libraries, The Portal to Texas History, https://texashistory.unt.edu.; crediting UNT Oral History Program.