Chevron Names Jeff Gustavson President, Chevron New Energies
July 29 2021 - 9:31AM
Dow Jones News
By Colin Kellaher
Chevron Corp. on Thursday said it named Jeff Gustavson president
of Chevron New Energies, a new, dedicated organization focused on
low-carbon business prospects that have the potential to scale.
The San Ramon, Calif., energy giant said Chevron New Energies'
initial focus will include commercialization opportunities in
hydrogen, carbon capture and offsets, and support of ongoing growth
in biofuels.
Chevron said it will share more details about the new efforts
during an investor presentation on Sept. 14.
The company said Mr. Gustavson, 49 years old, currently serves
as vice president of Chevron North America Exploration &
Production Co., overseeing the company's mid-continent business
unit. Ryder Booth, currently vice president of capital projects,
will succeed Mr. Gustavson in that post.
Chevron said Mr. Gustavson will serve as a corporate officer,
reporting to Chairman and Chief Executive Michael Wirth.
Write to Colin Kellaher at colin.kellaher@wsj.com
(END) Dow Jones Newswires
July 29, 2021 09:31 ET (13:31 GMT)
Copyright (c) 2021 Dow Jones & Company, Inc.
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