leadership
confidence high
sentiment neutral
materiality 0.60
Chevron restructures leadership; EVP Upstream Johnson departing by Jan 2023
CHEVRON CORP
- James W. Johnson's EVP Upstream role eliminated Oct 1, 2022; he becomes EVP Senior Advisor until Jan 31, 2023.
- Mark A. Nelson moves from EVP Downstream & Chemicals to EVP Strategy, Policy and Development effective Oct 1, 2022.
- Johnson receives separation payment of ~$1.263M (one-year salary + $13K COBRA) subject to release of claims.