Chevron moves headquarters to Houston amid leadership changes

U.S. energy major Chevron Corporation has announced the relocation of its headquarters from San Ramon, California, to Houston, Texas. This transition marks a pivotal shift for one of the world’s leading integrated energy companies, positioning it closer to its operations and business partners.

Chevron’s headquarters move aims to foster enhanced collaboration among its executives, employees, and business partners. Chairman and CEO Mike Wirth, along with Vice Chairman Mark Nelson, will relocate to Houston by the end of 2024. This relocation will allow the company to streamline its operations and better align with its extensive network in the Houston area, where it already employs approximately 7,000 people.

While the headquarters will shift to Houston, Chevron reassures that there will be minimal immediate impact on employees based in San Ramon. The company plans a gradual migration of all corporate functions to Houston over the next five years, maintaining a significant presence in California to support local operations, including its refineries and retail stations.

Chevron also unveiled several key leadership changes. Nigel Hearne, executive vice president of Oil Products & Gas, will retire after a distinguished 35-year career. Hearne played a crucial role in consolidating Chevron’s business segments, enhancing operational excellence across the company.

Mark Nelson, currently vice chairman, will assume responsibility for Oil Products & Gas starting October 1, 2024. Meanwhile, Rhonda Morris, vice president and chief human resources officer, will retire after 31 years with the company. She will be succeeded by Michelle Green, who will take on the role of chief human resources officer effective January 1, 2025.

Colin Parfitt, vice president of Midstream, will also retire, concluding a 29-year tenure. His leadership significantly advanced Chevron’s commercial capabilities and value chain integration globally.

In another strategic move, Andy Walz, currently president of America’s Products, will become president of Downstream, Midstream & Chemicals effective October 1, 2024. Walz will oversee the company’s global manufacturing, marketing, and trading units, including shipping and pipeline operations.