Chevron to move its Headquarters from California to Texas
Chevron announced big changes for the makeup of the company Friday morning.
Chevron Corporation is moving its headquarters from San Ramon, California to Houston, Texas before the end of the year, according to a press release from the oil and gas giant.The release said Chevron Chairman and CEO Mike Wirth and Vice Chairman Mark Nelson will move to Houston before the end of 2024 to “co-locate with other senior leaders and enable better collaboration and engagement with executives, employees, and business partners.
Chevron has announced that it will shift all corporate functions to Houston over the next five years. The company anticipates minimal immediate relocation effects for employees in San Ramon, noting that positions supporting its California operations will remain in San Ramon.
Currently, Chevron employs about 7,000 people in the Houston area and approximately 2,000 in San Ramon. The company manages crude oil fields, technical facilities, and two refineries and operates over 1,800 retail stations in California.
Additionally, Chevron has revealed several leadership changes, including the retirement of long-term senior leaders this year. These retirees include Nigel Hearne, Executive Vice President of Oil, Products & Gas; Rhonda Morris, Vice President and Chief Human Resources Officer; Michelle Green, Vice President of Human Resources, Oil, Products & Gas; and Colin Parfitt, Vice President of Midstream.