Chevron Corporation
Chevron Amends By-Laws to Include Non-Employee Director Participation
Summary
On March 25, 2026, Chevron Corporation amended its By-Laws to allow non-employee Directors to elect the Chairman and potentially a Vice Chairman, and to perform certain Board activities. This change was made to accommodate John Hess, a non-employee Director following the acquisition of Hess Corporation, ensuring his full participation in Board service while maintaining compliance with NYSE requirements.
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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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