Chevron CEO John Watson to step down - WSJ

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Chevron CEO John Watson to step down - WSJ

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(Reuters) – Chevron Corp <CVX.N> Chief Executive John Watson is stepping down from his post atop the nation’s second-largest oil company, according to a report from the Wall Street Journal. A successor for Watson, 60, who has been the company’s chairman and chief executive since 2010, has not been formally approved by the company’s board. A leading candidate is Michael Wirth, 56, Chevron’s vice chairman, the WSJ said. Chevron spokespeople were unavailable to comment immediately.

(Editing by Bill Rigby)
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