'Topman Chevron to exit'

'Topman Chevron to exit'

World August 22, 2017 18:57

- The topman of oil company Chevron John Watson leaves. That reports the Wall Street Journal. This month, Chevron would officially confirm the departure.

According to the US business newspaper, Chevron, a competitor of Royal Dutch Shell, is working internally.

For this purpose, Michael Wirth, vice-chairman of the supervisory board and a refining specialist, has now been approached. But the nomination would not be final yet.

That step to a successor is according to sources at Chevron in order to achieve good cost savings. Chevron must increasingly be in an oil market characterized by price campaigns. The share won light on Tuesday on Wall Street.

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