Chevron Phillips Chemical Announces that Maricela Caballero will Succeed Greg Wagner as Vice President of Human Resources

THE WOODLANDS, Texas–(BUSINESS WIRE)–Chevron Phillips Chemical Company LLC (Chevron Phillips Chemical)
announced today that Greg Wagner, vice president of Human Resources,
will retire from the company after 35 years of distinguished service
with Chevron Phillips Chemical and Chevron Corporation (NYSE: CVX). The
company also announced that Maricela Caballero will replace Mr. Wagner
effective May 16, 2018.

“Over the last six years, Greg has significantly advanced CPChem’s
efforts to attract, retain and develop top talent in our industry, and
his contributions will have a lasting impact on our organization. We
wish Greg and his family all the best for a happy and healthy
retirement,” said Mark Lashier, president and CEO, Chevron Phillips
Chemical.

Caballero, previously general manager, Human Resources Strategic
Business Partnerships and Talent Management Execution, has 30 years of
service with Chevron Phillips Chemical and Chevron Corporation. Since
the inception of Chevron Phillips Chemical in 2000, she has steadily
progressed through the Human Resources organization in various roles of
increasing responsibility at multiple company facilities.

“Maricela is a proven leader who brings a wealth of institutional
knowledge to her new role,” said Lashier. “I am pleased that she will be
joining our leadership team and know that she will continue to work to
ensure we have the right people with the right skills ready to shape our
future growth.”

About Chevron Phillips Chemical Company LLC

Chevron Phillips Chemical Company LLC is one of the world’s top
producers of olefins and polyolefins and a leading supplier of
aromatics, alpha olefins, styrenics, specialty chemicals, plastic piping
and polymer resins. With approximately 5,000 employees, the LLC and its
affiliates own $16.5 billion in assets, including 33 manufacturing and
research facilities in seven countries. Chevron Phillips Chemical
Company LLC is equally owned by Chevron U.S.A. Inc., an indirect
wholly-owned subsidiary of Chevron Corporation, and by wholly-owned
subsidiaries of Phillips 66, and is headquartered in The Woodlands,
Texas. For more information about Chevron Phillips Chemical, visit www.cpchem.com.
Also, follow us on Twitter: @chevronphillips.

Contacts

Chevron Phillips Chemical Company LLC
Bryce Hallowell, 832-813-4220
[email protected]