close
close
You are Here
Chevron to move headquarters from California to Texas
vefms

Chevron to move headquarters from California to Texas

Chevron announced Friday that it will move its corporate headquarters from California to Texas. Chevron was sued in 2023 by California, accusing the state of decades of causing climate change-related harm. Photo by Gary I Rothstein/UPI
Chevron announced Friday that it will move the company’s corporate headquarters from California to Texas. Chevron was sued in 2023 by California, accusing the state of decades of creating climate change-related harm. Photo by Gary I Rothstein/UPI | Photo licensed

Aug. 2 (UPI) — Chevron said Friday it will move the company’s headquarters from California to Texas.

The oil company said it will move its headquarters from San Ramon, California, to Houston, Texas, after being sued by California as the state aggressively pushes to address climate change.

“Chevron President and CEO Mike Wirth and Vice Chairman Mark Nelson will relocate 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 said in a statement.

Texas Governor Greg Abbott posted on X: “WELCOME HOME Chevron! Texas is your real home. Drill baby drill.”

California sued Chevron and other oil companies in 2023 for engaging in what California Attorney General Rob Bonta called “a decades-long campaign of deception that created climate change-related harms across the state of California.”

Chevron Chief Executive Mike Wirth said the lawsuit benefited lawyers and politicians.

“Climate change is a global problem,” Wirth said during an interview with Bloomberg. “It requires a coordinated global policy response, not piecemeal litigation that benefits lawyers and politicians.”

Chevron said the relocation of its headquarters will have “minimal immediate impacts for the remaining employees based in San Ramon.”

The company said it expects “all corporate functions” to migrate to Houston within the next five years.

Chevron also announced leadership changes on Friday.

Executive Vice President of Oil, Products and Gas Nigel Hearne will retire and be replaced by Chevron Vice Chairman Mark Nelson.

Rhonda Morris is retiring as Chevron’s vice president and chief human resources officer. Michelle Green will succeed her.

Colin Parfitt, vice president of Midstream, is also retiring. He was responsible for Chevron’s marine transportation, pipeline, energy and energy management, and supply and marketing operating units.

Share
Facebook Twitter Pinterest Linkedin

Related Posts