8-KItem 5.02 · Officer/Director Change
Chevron Names Jeff Gustavson CFO in January 2027 Executive Reshuffle
Filed with the SEC on · Summarized by InvestorsBot
Chevron said Mark A. Nelson will remain vice chairman and shift to strategy and business development, while Eimear P. Bonner will become president of Oil, Products & Gas and leave her CFO role, effective January 1, 2027. Jeff B. Gustavson, currently president of New Energies, will become Chevron’s principal financial officer on that date, with a $1 million annual base salary and a 110% target bonus under the Chevron Incentive Plan.