Leadership & Pay ·
Chevron names Jeff B. Gustavson CFO and reshuffles top leadership roles effective Jan. 1
CVXChevron Corp
On September 30, 2026, Chevron's Board approved executive changes effective January 1, 2027. Mark A. Nelson steps down as Executive Vice President of Oil, Products & Gas to focus on Strategy and Business Development while retaining his Vice Chairman title. Eimear P. Bonner transitions from Chief Financial Officer to President of Oil, Products & Gas. Jeff B. Gustavson is elected as the new Chief Financial Officer, succeeding Bonner. Gustavson, currently President of New Energies, receives an annual base salary of $1,000,000 and a target bonus percentage of 110%. Chevron Corporation operates in the global energy sector, engaged in crude oil and natural gas exploration, production, refining, marketing, and transportation.