AI English summary of an SEC filing — figures as filed

Chevron said it will relocate its headquarters from San Ramon, California, to Houston, Texas, effective January 1, 2025. The move was announced on August 2, 2024.

8-KDeparture or Appointment of Directors or Certain OfficersFiled Aug 2, 2024Period of report Jul 31, 2024Summary published (UTC) Oct 25, 2026

Key points

AI summary

Chevron said it will relocate its headquarters from San Ramon, California, to Houston, Texas, effective January 1, 2025. The move was announced on August 2, 2024.
The company said it expects all corporate functions to move to Houston over the next 5 years. It said it currently has about 7,000 employees in the Houston area and about 2,000 in San Ramon, and positions supporting its California operations will remain in San Ramon.
Chevron said A. Nigel Hearne will resign as Executive Vice President, Oil, Products & Gas, effective October 1, 2024, and retire on or about February 14, 2025. Until he retires, he will serve as Executive Vice President, Senior Advisor.
Chevron said Vice Chairman Mark A. Nelson will become Executive Vice President, Oil, Products & Gas, effective October 1, 2024, and Andy Walz will be appointed president, Downstream, Midstream & Chemicals, on the same day.

Summary

AI-written

Analysis scope · Filing body and confirmed press-release exhibitWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.

Relocating Headquarters from San Ramon to Houston

Chevron said it will relocate its headquarters from San Ramon, California, to Houston, Texas, effective January 1, 2025. The move was announced on August 2, 2024.

Source · Based on the filing body and exhibits

Relocation Scope and Employees by Location

The company said it expects all corporate functions to move to Houston over the next 5 years. It said it currently has about 7,000 employees in the Houston area and about 2,000 in San Ramon, and positions supporting its California operations will remain in San Ramon.

Source · Based on the filing body and exhibits

Nigel Hearne Resignation and Retirement Timeline

Chevron said A. Nigel Hearne will resign as Executive Vice President, Oil, Products & Gas, effective October 1, 2024, and retire on or about February 14, 2025. Until he retires, he will serve as Executive Vice President, Senior Advisor.

Source · Based on the filing body and exhibits

Successors and Key Appointments

Chevron said Vice Chairman Mark A. Nelson will become Executive Vice President, Oil, Products & Gas, effective October 1, 2024, and Andy Walz will be appointed president, Downstream, Midstream & Chemicals, on the same day.

Source · Based on the filing body and exhibits

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.

View the original filing on SEC EDGAR ↗

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