So, we have a new Vice President. What’s up with that? Is this an indication of succession planning? When did we last have a VP?
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I hope we get a female CEO. I would much rather lessen and watch that townhall then the old guys who do them now.
MW won't stay until 65, he has a life after all and its not infinite. He will stay 3 years and leave. PB is on CNBC and looks like he is in his late 40s and the board likes him, and he is an EVP, CA native, and has upstream, midstream, and downstream experience, he is next up, duh. CN will be the next JJ, not NH. NH will be EVP of DS&C and MN will go to Midstream or maybe TPS EVP when EB gets moved out. PB is obviously the next CEO, duh. Bare in mind, MW got the job at 57 going on 58, he is no spring chicken.
The next CEO will clearly be female, for many obvious reasons.
I agree the new JG looks to have the inside track for CEO. EB's only calling card is gender. Otherwise, her history of missing deadlines and $$$ cost overruns (both signs that she's not leading, but just going along for the management ride) is going to dog her. I think the EVP thing is just a ploy for D&I 'credibility', just like RM. Both fine examples of the Peter Principle.
JG would need to do well in his current role, then serve as an OpCO head, do well, then be an EVP, all in the next 4-5 years. He is not CEO material. More likely he will struggle in the Energy job and retire quietly.
JG, new head of New Energy, meets several key criteria: male, white, tall, bland, and great at corporate speak while previously head of investor relations.
She ran CUE.
You have been gone five years and obviously don’t understand the TPS role. EVery leader must punch their ticket in a tech role. EB will do this no more than 18 months then move up.
EB definitely getting groomed for higher positions, but the road to CEO is not easy. PW, after "stalling" out, decided to leave to be the CEO of ADM. And the "technology" card in CVX never really appeared to move anybody toward the CEO slot. Chevron for decades had no chief technology officer. I think Don Paul was the first, by followed others like John McDonald. Then the position got merged with ETC President ... and now recreated as a parking slot for EB for awhile; all part of the ongoing leadership shuffle .... probably triggered JG retirement. If EB stays too long in technology there is no CEO in her future.
JG, the president of Chevron New Energy, will the next CEO. They have been grooming him for the past 15 years.
PB is no longer in line for CEO except in case or emergency. EB is up next.
NH, EB, and the new JG are the next gen. my guess - NH to Upstream when JJ retires - 3 years to 65, maybe sooner? NH or EB to CEO when MW retires in 5 years. JG to CFO when PB retires .
@bzy+1c9wjAgq. PB will be next CEO
@xnd- having your compensation published in the proxy vs not having your compensation published in the proxy
Gotta kiss the blarney stone to succeed at cvx.
Current CFO is too old (55) to make CEO. Our current CEO will probably stay for another 4 years (until 65). Someone in their early 50s would be perfect. A few choices: AL and NH. Everyone else is either too old or too young… Our new lady VP is just a smidge on the too young side.
Whats the difference between and EVP and a VP?
I thought the dingbat at OXY proved a woman should not be appointed CEO of an O&G company.
Ah the luck o’ the Irish
She would be a terrible choice. She has the charisma of a door knob.
EB will have this job 18 months, then take over for JJ, then on to CEO when MW retires. She was annointed for CEO many years ago. There are essentially no competitors.
The only VP's that matter are EVP (Executive Vice Presidents). Even the Midstream Segment VP isn't a EVP. The current CEO made that in his mid 40s and stayed there for 9 years or so. The current Upstream (JJ) and TPS EVP (Lady Geagea) made that only 6 years ago in there mid 50s after the Vice Chairman GK retired. Next CEO is the EVP CFO who was already EVP of DS&C.
Hey …let me have oversight and for the boondoggle that is FGP - over budget by $4b - CEO here I come!
The axe lady cometh…
Ummm, we had a female CFO until a couple years ago.
this is just an optics play. window dressing.
CVX will never put a woman in key mgmt VP positions. e.g. upstream, midstream, downstream or finance
the current female VPs are for support functions