Chevron taps Mike Wirth to be next CEO as Watson retires

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The logo of Chevron Corp is seen in its booth at Gastech, the world's biggest expo for the gas industry, in Chiba, Japan April 4, 2017. REUTERS/Toru Hanai (Reuters)

HOUSTON (Reuters) - Chevron Corp (CVX) said on Thursday that Vice Chairman Mike Wirth will become chief executive next February, replacing the retiring John Watson.

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The transition brings an executive with experience in the cost-cutting world of refining to the top spot at one of the world's largest oil and natural gas companies.

(Reporting by Ernest Scheyder; Editing by Bernadette Baum)

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