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Form 8-K · Current Report · Filed 2024-08-02

Chevron Announces Headquarters Relocation and Senior Leadership Changes

Chevron Corporation announced the relocation of its corporate headquarters from San Ramon, California, to Houston, Texas, effective January 1, 2025.

Filer
Chevron Corporation CVX · NYSE
Filed
Accession
0000093410-24-000037
CIK
0000093410
Signal
High impactEnergy

Details

The move aims to improve collaboration and engagement with executives, employees, and business partners. Additionally, the company announced significant senior leadership changes, including the retirement of Nigel Hearne, Executive Vice President, Oil, Products & Gas, and Rhonda Morris, Vice President and Chief Human Resources Officer. Mark Nelson will assume Hearne's role, and Michelle Green will succeed Morris. These changes are effective from October 1, 2024, onwards.

Items reported

Item 5.02

Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers

Executive Compensation Detail Key Executive Departure
Item 7.01

Regulation FD Disclosure

Regulation FD Disclosure
Item 9.01

Financial Statements and Exhibits

Exhibits Furnished

Market reaction

Close before filing

$152.62

Next session

-5.2%

Since filing

+29.0%

Latest close

$196.83

What happened, not what will happen — closing prices around the filing date.

Precedent

Previous filings from CVX reporting the same item, with the next session's move:

Exhibits (1)

About Chevron Corporation

Chevron Corporation is an integrated energy company operating globally in the exploration, production, and transportation of crude oil and natural gas. Its primary function is to harness energy resources, converting them into products essential for modern life. Chevron covers upstream operations such as oil exploration and drilling, and downstream processes including refining, distribution, and marketing of refined petroleum products. Additionally, Chevron invests in renewable energy projects, aiming to create a balanced energy portfolio. As one of the major players in the oil and gas industry, Chevron significantly impacts sectors including manufacturing, transportation, and energy production. Headquartered in San Ramon, California, this multinational corporation plays a pivotal role in meeting global energy demands and contributes to shaping future energy policies.

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