NEW YORK – Chevron Corp. is naming Michael K. Wirth chairman and chief executive to replace John S. Watson, who is retiring after spending 37 years with the energy company.
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The San Ramon, California-based company said Thursday that Wirth, 56, is currently vice chairman and executive vice president of midstream and development. He joined Chevron in 1982 as a design engineer.
Watson, 60, has been chairman and CEO for eight years. He joined Chevron in 1980 as a financial analyst.
The changes are effective Feb. 1.