ROANOKE TIMES
Copyright (c) 1996, Roanoke Times
DATE: Thursday, November 7, 1996 TAG: 9611070054
SECTION: BUSINESS PAGE: B-5 EDITION: METRO
DATELINE: NEW YORK
The chairman of Texaco publicly apologized Wednesday for racist statements made by several top executives and said he had suspended two of them who still work for the company.
Texaco chairman and chief executive Peter Bijur also confirmed that the company had received criminal subpoenas from a federal grand jury investigating whether the executives had destroyed documents on minority hiring.
Asked if the documents had been shredded, Bijur said his legal team was ``in the process of securing'' them. He also outlined a series of steps to review company policies on discrimination and better educate workers.
The racist statements were caught on cassette tapes made in 1994 by an executive, Richard Lundwall, who attended finance department meetings. After Lundwall retired, he gave the tapes to a lawyer suing Texaco for discrimination.
-Associated Press
LENGTH: Short : 29 linesby CNB