Chevron amends bylaws to let non-employee directors, including John Hess, elect Chairman

CHEVRON CORP

Board approved amended bylaws on March 25, 2026, effective same day.
Non-employee directors (not independent directors) will now elect Chairman and, when applicable, Lead Director.
Change follows Hess Corp acquisition; John Hess joins board as non-employee but not independent due to acquisition transactions.
Amendments allow Mr. Hess to fully participate in board activities while maintaining NYSE compliance.
Non-employee directors may also elect a Vice Chairman under the new bylaws.

Key facts

Extracted from this filing and checked against the source text.

Governance Changes SEC 8-K Item 5.03/5.05/5.06 confidence 0.9

CHEVRON CORP: Amended by-laws to specify that non-employee Directors (rather than independent Directors) elect the Chairman and Lead Director, and may elect a Vice Chairman, effective March 25, 2026 (effective 2026-03-25).

Change: bylaw amendment
Effective: 2026-03-25

Exact text from the filing

On March 25, 2026, the Board of Directors (the “Board”) of Chevron Corporation (“Chevron”) approved and adopted amended and restated By-Laws of Chevron (the “By-Laws”), effective March 25, 2026.

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Source: SEC EDGAR

accession 0000093410-26-000103

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