He was granted 60,000 IOC options at $67.74. Lets hope he make lots of money.
Isikeli (“Keli”) Taureka was most recently the head of Chevron Corporation’s Geothermal & Power Operations (GPO). Prior to his assignment with GPO, Mr. Taureka was the President of ChevronTexaco China Energy Company with responsibility for Chevron’s oil and gas upstream activities in China. Earlier at Chevron, Mr. Taureka served in a variety of executive positions, including General Manager/Country Manager for Chevron New Guinea Limited, where he was responsible for oil operations in Papua New Guinea and Western Australia.
Before joining Chevron, Mr. Taureka was recruited by the then-Prime Minister Sir Rabbie Namaliu to manage the state-owned Post and Telecommunication Corp., a position to which he was re-appointed under the succeeding Prime Minister, Sir Julius Chan. Earlier, Mr. Taureka worked at the Bank of South Pacific Limited (BSP) as Deputy Managing Director of the joint venture, Resources Investment Finance Limited.
Mr. Taureka has a degree in Economics from the University of Papua New Guinea and is a citizen of Papua New Guinea.