Chevron CEO Reported To Announce Retirement In September

Oil giant Chevron will announce the retirement of its CEO John Watson in September, according to a new report from The Wall Street Journal on Tuesday. New Vice Chairman Michael Wirth, 56, will likely replace Watson after his seven-year tenure atop the American company. Wirth also carries the title of executive vice president of midstream and development. Chevron is the United States’ second-largest oil company, after Exxon Mobil, another fossil fuel giant that saw a CEO change this year. President Donald Trump named former Exxon head Rex…

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