Chevron Waives Mandatory Retirement Age For CEO Mike Wirth; Names Eimear Bonner CFO, Effective March 1, 2024
Portfolio Pulse from Benzinga Newsdesk
Chevron has waived the mandatory retirement age for its CEO, Mike Wirth, and has appointed Eimear Bonner as CFO, effective from March 1, 2024.

July 24, 2023 | 5:25 am
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Chevron's decision to waive the mandatory retirement age for CEO Mike Wirth and the appointment of Eimear Bonner as CFO could bring stability and continuity in the company's leadership.
Leadership changes can often cause uncertainty and volatility in a company's stock. However, in this case, the decision to waive the retirement age for the current CEO and the appointment of a new CFO could be seen as a positive move, ensuring stability and continuity in the company's leadership. This could potentially have a positive impact on Chevron's stock in the short term.
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IMPORTANCE 70
RELEVANCE 100