Chevron Corp. named New Energies president Jeff Gustavson as chief financial officer, replacing Eimear Bonner in a major leadership reshuffle. Bonner will now lead Chevron’s oil, gas and products division. Both Gustavson, 54, and Bonner, 52, are considered potential internal successors to CEO Mike Wirth, who is 65.
The company typically rotates senior leaders through various roles to prepare them for top positions. Gustavson previously held roles in investor relations, mergers and acquisitions, and business planning. Bonner led operations in Kazakhstan and managed the technology portfolio before becoming CFO.
In related changes, Mark Nelson, former head of the oil and gas division, will take on strategy and business development responsibilities while remaining vice chairman.
Source: Bloomberg Markets · Summarized by HeadlinesBriefing