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DewDiligence

09/29/17 11:26 AM

#15429 RE: DewDiligence #14735

CVX names new CEO effective 2/1/18:

https://www.wsj.com/articles/chevron-names-michael-wirth-chairman-ceo-1506607884

Chevron Corp…named Michael Wirth as its next chief executive, choosing an engineer experienced at finding efficiencies and cutting costs as the energy company copes with a prolonged period of lower oil prices.

Mr. Wirth, 56 years old, a Chevron lifer who has overseen the company’s vast network of refining and pipeline assets, will become chairman and chief executive on Feb. 1, succeeding John Watson.