Chevron names Gustavson CFO as oil giant eyes CEO succession
Jeff Gustavson will replace Eimear Bonner as finance chief as Chevron rotates senior leaders to prepare potential internal successors to CEO Mike Wirth.
- On Monday, October 5, 2026, Chevron Corp. named New Energies President Jeff Gustavson as chief financial officer, replacing Eimear Bonner, who will lead the company's oil, products and gas business.
- Chevron typically cycles senior leaders through multiple executive roles to test skills and broaden experience before top-level promotions, a strategy the oil major uses to prepare for future CEO succession.
- Vice Chairman Mark Nelson will shift to oversee strategy and business development, while Offshore President Brent Gros will replace Gustavson as president of New Energies, effective January 1.
- These appointments position Gustavson and Bonner as potential internal successors to CEO Mike Wirth, who is 65 years old and has led Chevron for nearly a decade.
- Wirth previously indicated he does not expect to serve more than 10 years, making these leadership rotations critical to bolstering executive ranks and supporting long-term growth.
14 Articles
14 Articles
Chevron has announced a major leadership shakeup, with Chief Financial Officer Eimear Bonner and New Energy Business Head Jeff Gustavson moving to new positions starting in January as the company prepares for a CEO succession.
Chevron shifts CFO to lead Oil, Products & Gas division in 2027 reshuffle
American energy major Chevron has announced a series of significant leadership changes across its top management, scheduled to take effect on January 1, 2027. Operational Shift in Oil and Gas The most prominent change occurs within the core production segment. Eimear Bonner, currently the company's Chief Financial Officer, will transition to President of the Oil, Products & Gas division. In this role, Bonner will be responsible for the entire pr…
Chevron Names New Energies Head as CFO in Leadership Reshuffle
Chevron Corp. named New Energies president Jeff Gustavson as chief financial officer, part of a major leadership reshuffle aimed at bolstering the executive ranks ahead of a potential CEO succession.
Chevron elevates CFO to head oil and gas operations - Regional Media News
By Sheila Dang and Katha Kalia HOUSTON, Oct 5 (Reuters) - Chevron Chief Financial Officer Eimear Bonner will become president of the US oil producer's oil, products and gas business, the company said on Monday. Jeff Gustavson, currently president of Chevron's new energies business, will [...]
Coverage Details
Bias Distribution
- 67% of the sources are Center
Factuality
To view factuality data please Upgrade to Premium
