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Press release from Business Wire

Chevron Announces Key Senior Leadership Appointments

<p class='bwalignc'> <i>Jay Johnson named SVP, Upstream; Joe Geagea named SVP, Technology, Projects and Services</i> </p> <p class='bwalignc'> <i>Pierre Breber named corporate vice president and president, Chevron Gas and Midstream</i> </p>

Monday, October 07, 2013

Chevron Announces Key Senior Leadership Appointments

09:00 EDT Monday, October 07, 2013

SAN RAMON, Calif. (Business Wire) -- Chevron Corporation (NYSE: CVX) today announced that it is making three key appointments to its executive team and realigning its existing technology and services organizations.

Effective Jan. 1, 2014, Jay Johnson becomes senior vice president, Upstream, and Joe Geagea becomes senior vice president, Technology, Projects and Services. The new roles will report to George Kirkland, vice chairman and executive vice president, Upstream. Also effective Jan. 1, 2014, Pierre Breber becomes corporate vice president and president, Chevron Gas and Midstream, reporting to John Watson, chairman of the board and chief executive officer. Following Kirkland's planned retirement in 2015, consistent with the company's mandatory retirement policy, Johnson and Geagea will report to Watson.

“These appointments ensure a smooth transition in our upstream business and simplify the delivery of technology and services to all of our businesses,” Watson said. “Jay, Joe and Pierre are experienced leaders who will enhance a very effective leadership team.”

Johnson, 54, currently is president of Chevron's Europe, Eurasia and Middle East Exploration and Production Company, based in London. He joined Chevron in 1981 and previously has been managing director of the Australia and Eurasia upstream business units.

Johnson will lead an upstream organization that continues to have four regional operating companies:

  • Todd Levy will replace Johnson in London as president of Europe, Eurasia and Middle East Exploration and Production Company. Levy currently leads a key Chevron upstream support organization and has wide-ranging upstream experience with past assignments for the company in Kazakhstan, Angola, Australia and the United States.
  • Melody Meyer continues as president of Asia Pacific Exploration and Production Company, based in Singapore.
  • Ali Moshiri continues as president of Africa and Latin America Exploration and Production Company, based in Houston.
  • Jeff Shellebarger continues as president of North America Exploration and Production Company, based in Houston.

Geagea, 54, will lead a new organization composed of energy and information technology, capital projects management, procurement, upstream production services and workforce development organizations. These groups will support the company's upstream, downstream and midstream businesses. Geagea, who joined Chevron in 1982, has held positions in each of these three areas. He is the current president of Chevron Gas and Midstream and previously was the managing director of the Asia South upstream business unit and president of the company's downstream operations in East Africa, the Middle East and Pakistan.

Breber, 49, currently is managing director of the Asia South upstream business unit, based in Bangkok, Thailand. He joined Chevron in 1989 and previously has held senior roles in Chevron's finance organization, including corporate vice president and treasurer. He will lead a Gas and Midstream business that was reorganized earlier this year to consolidate trading operations and strengthen its support to the upstream and downstream businesses.

Chevron is one of the world's leading integrated energy companies, with 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 petrochemical products; generates power and produces geothermal energy; provides energy efficiency solutions; and develops the energy resources of the future, including biofuels. Chevron is based in San Ramon, Calif. More information about Chevron is available at www.chevron.com.

Cautionary Statement Relevant to Forward-Looking Information for the Purpose of “Safe Harbor” Provisions of the Private Securities Litigation Reform Act of 1995.

Some of the items discussed in this press release are forward-looking statements about Chevron Corporation. Words such as “anticipates,” “expects,” “intends,” “plans,” “targets,” “forecasts,” “projects,” “believes,” “seeks,” “schedules,” “estimates,” “budgets,” “outlook” and similar expressions are intended to identify such forward-looking statements. The statements are based upon management's current expectations, estimates and projections; are not guarantees of future performance; and are subject to certain risks, uncertainties and other factors, some of which are beyond the company's control and are difficult to predict. Among the important factors that could cause actual results to differ materially from those in the forward-looking statements are changes in prices of, demand for and supply of crude oil and natural gas; actions of competitors; the inability or failure of the company's joint-venture partners to fund their share of operations and development activities; the potential failure to achieve expected net production from existing and future crude oil and natural gas development projects; potential delays in the development, construction or start-up of planned projects; the potential disruption or interruption of the company's net production or manufacturing facilities or delivery/transportation networks due to war, accidents, political events, civil unrest, or severe weather; government-mandated sales, divestitures, recapitalizations, industry-specific taxes and changes in fiscal terms or restrictions on scope of company operations; foreign currency movements compared with the U.S. dollar; and general economic and political conditions. The reader should not place undue reliance on these forward-looking statements, which speak only as of the date of this press release. Unless legally required, Chevron undertakes no obligation to update publicly any forward-looking statements, whether as a result of new information, future events or otherwise.

Chevron Corporation
Kurt Glaubitz, San Ramon, +1 925-790-6928

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