Michael Wirth and Pierre Breber to assume new leadership roles
Chevron Corporation (NYSE: CVX) announced today that two of its top
executives will assume new roles effective Jan. 1, 2016.
Michael Wirth will become executive vice president for Midstream and
Development. Wirth is currently executive vice president, Downstream and
Chemicals. Pierre Breber, presently executive vice president, Gas and
Midstream, will become executive vice president, Downstream and
Chemicals. Both will continue to report to John S. Watson, Chevron’s
chairman and chief executive officer.
“Mike and Pierre are experienced leaders, and these moves will allow
both to apply their broad experience and management skills to new areas
that will generate greater enterprise value,” said Watson.
In his new role, Wirth, 55, will have responsibility for corporate
strategy, business development, supply and trading, gas
commercialization, and the company’s midstream operating units engaged
in transportation and power.
“Mike has systematically improved our downstream performance through
portfolio optimization and efficiency,” said Watson. “He will now focus
on Chevron’s companywide asset portfolio and strategy while leading the
company’s midstream activities.”
As the head of Downstream and Chemicals, Breber, 51, will lead Chevron’s
worldwide manufacturing, marketing, chemicals, lubricants and Oronite
additives businesses. He also will have oversight of the company’s
chemical joint venture, Chevron Phillips Chemical Company.
“Pierre has broad experience in our upstream, midstream and finance
organizations. In his new role he will drive additional performance
improvements to build on the success of our downstream and chemicals
business.”
Chevron Corporation is one of the world’s leading integrated energy
companies. Through its subsidiaries that conduct business worldwide, the
company is involved in virtually every facet of the energy industry.
Chevron explores for, produces and transports crude oil and natural gas;
refines, markets and distributes transportation fuels and lubricants;
manufactures and sells petrochemicals and additives; generates power and
produces geothermal energy; and develops and deploys technologies that
enhance business value in every aspect of the company’s operations.
Chevron is based in San Ramon, Calif. More information about Chevron is
available at www.chevron.com.
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Copyright Business Wire 2015
Source: Business Wire
(October 28, 2015 - 1:00 PM EDT)
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