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Chevron | 8-K: Chevron Announces A. Nigel - Hearn to Retire

SEC ·  Aug 2 06:34
Summary by Moomoo AI
On August 2, 2024, Chevron Corporation announced significant organizational changes including the relocation of its headquarters and senior leadership transitions. The company's headquarters will move from San Ramon, California, to Houston, Texas, effective January 1, 2025. Chevron's Chairman and CEO, Mike Wirth, and Vice Chairman, Mark Nelson, will relocate to Houston to facilitate better collaboration with other senior leaders. The transition is expected to have minimal immediate impact on San Ramon-based employees, with corporate functions gradually migrating to Houston over five years. Chevron has a substantial presence in California, with operations including crude oil fields, technical facilities, two refinaries, and over 1,800 retail stations. In leadership changes, Executive Vice President of Oil, Products & Gas, Nigel Hearne, will retire after 35 years with Chevron...Show More
On August 2, 2024, Chevron Corporation announced significant organizational changes including the relocation of its headquarters and senior leadership transitions. The company's headquarters will move from San Ramon, California, to Houston, Texas, effective January 1, 2025. Chevron's Chairman and CEO, Mike Wirth, and Vice Chairman, Mark Nelson, will relocate to Houston to facilitate better collaboration with other senior leaders. The transition is expected to have minimal immediate impact on San Ramon-based employees, with corporate functions gradually migrating to Houston over five years. Chevron has a substantial presence in California, with operations including crude oil fields, technical facilities, two refinaries, and over 1,800 retail stations. In leadership changes, Executive Vice President of Oil, Products & Gas, Nigel Hearne, will retire after 35 years with Chevron, having played a key role in integrating the company's Upstream, Midstream, and Downstream businesses. Mark Nelson will assume Hearne's responsibilities on October 1, 2024. Additionally, Rhonda Morris, Vice President and Chief Human Resources Officer, will retire after 31 years, and Michelle Green, currently Vice President of Human Resources for Oil, Products & Gas, will succeed Morris on January 1, 2025. Colin Parfitt, Vice President of Midstream, will also retire after 29 years, and Andy Walz, currently President of America's Products, will take over as President of Downstream, Midstream & Chemicals on October 1, 2024. Chevron is a leading integrated energy company focused on producing crude oil and natural gas, manufacturing fuels and petrochemicals, and investing in renewable energy and emerging technologies.

This announcement is a separate document:

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