Chevron Announces Organizational and Management Changes

Chevron announced a new, streamlined organizational structure and senior management changes. The impact of these changes will be felt primarily at higher levels of management and not in regions like the Permian Basin.

Effective October 1, the company will consolidate its Upstream, Midstream and Downstream business segments under a new Executive Vice President, Oil, Products & Gas, who will oversee the entire value chain. As part of this change, the company is consolidating into two Upstream regions: Americas Exploration-Production and International Exploration-Production.

The company is also organizing its strategy and sustainability, corporate affairs and business development functions under a new executive vice president, strategy, policy and development.

The new leadership structure is expected to enable a more integrated approach to capital allocation, asset class excellence and value chain optimization, and facilitate more effective external engagement and market impact. business development.

The company has made the following appointments, effective October 1:

  • Mark Nelson has been named Executive Vice President, Strategy, Policy and Development
  • Nigel Hearne has been named Executive Vice President, Oil, Products and Gas
  • Clay Neff has been named President, International Exploration & Production
  • Bruce Niemeyer has been named President, Americas Exploration & Production
  • Balaji Krishnamurthy has been named Vice President, Chevron Strategy & Sustainability

In addition, the company made the following personnel announcements:

Jay Johnson, executive vice president, Upstream, has been named executive vice president, senior counsel, effective October 1, and will support the transition until January 31, 2023. Johnson has more than 41 years of service with the ‘company.

Jay Pryor, vice president, Chevron Business Development, will retire after more than 43 years with the company, effective July 29.

Steve Green, president of Chevron North America Exploration & Production, will retire after more than 24 years of service with the company and its predecessors, effective September 30.

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