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Chevron Appoints President Of New Energies Jeff Gustavson As CFO, Effective Jan. 1, 2027, Succeeding Eimear Bonner

Chevron Corporation (NYSE: CVX ) today announced the following senior leadership changes, effective January 1, 2027: Mark Nelson, currently vice chairman and executive vice president of Oil, Products & Gas, will remain vice chairman with responsibility for Strategy and Business Development. In addition to his corporate duties, Nelson will be responsible for identifying and advancing opportunities that strengthen the company's portfolio, enhance competitiveness, and support long-term growth. Eimear Bonner, currently Chief Financial Officer, will become president, Oil, Products & Gas. In this role, Bonner will be responsible for safe, reliable operations across the entire value chain, disciplined capital allocation, asset class excellence and value chain optimization to drive stronger performance. Jeff Gustavson, currently president, New Energies, will become Chief Financial Officer. In this role, Gustavson will be responsible for audit, controller, investor relations, tax, treasury and business planning activities worldwide.

CVX

Chevron Corporation (NYSE: CVX ) today announced the following senior leadership changes, effective January 1, 2027: Mark Nelson, currently vice chairman and executive vice president of Oil, Products & Gas, will remain vice chairman with responsibility for Strategy and Business Development. In addition to his corporate duties, Nelson will be responsible for identifying and advancing opportunities that strengthen the company's portfolio, enhance competitiveness, and support long-term growth. Eimear Bonner, currently Chief Financial Officer, will become president, Oil, Products & Gas.

In this role, Bonner will be responsible for safe, reliable operations across the entire value chain, disciplined capital allocation, asset class excellence and value chain optimization to drive stronger performance. Jeff Gustavson, currently president, New Energies, will become Chief Financial Officer. In this role, Gustavson will be responsible for audit, controller, investor relations, tax, treasury and business planning activities worldwide.