Chevron has announced that its chief executive will retire at year’s end, to be replaced by the company’s current vice chairman, according to Bloomberg. Current CEO David O’Reilly will step down after a decade leading Chevron, with John Watson his replacement. O’Reilly, who also serves as chairman, joined Chevron Research in 1968, making it to the top seat at the oil company in 2000.
Watson Replaces O’Reilly as Chevron CEO
Chevron’s long-serving CEO and chairman will step down at the end of 2009.
September 30, 2009