U.S. oil major Chevron Corporation has elected a new member to the company’s board of directors.
Chevron said on Thursday that it elected John B. Frank for the role.
The company added that Frank’s appointment was effective November 2, 2017, and that he would serve on the company’s Audit Committee.
John Watson, Chevron’s chairman of the board and chief executive officer, said: “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.”
Frank is the vice chairman of Oaktree Capital Management, a firm he joined in 2001 as general counsel. He was Oaktree’s managing partner from 2005 until 2014 and, previously, a partner with the law firm of Munger, Tolles & Olson.
Before joining Munger Tolles in 1984, Frank served as a law clerk to Frank M. Coffin of the United States Court of Appeals for the First Circuit.
He holds a bachelor’s degree in history from Wesleyan University, as well as a Juris Doctor degree from the University of Michigan Law School, and is a Trustee of Wesleyan University, Polytechnic School, Good Samaritan Hospital of Los Angeles, and the XPRIZE Foundation.