Barbara Burger, CTV President and VP of
Innovation, to Retire Jim Gable, VP of Downstream Technology
& Services, to Succeed Burger
Chevron Corporation announced today that Barbara J. Burger, vice
president of innovation and president of Chevron Technology
Ventures (CTV), will retire from the company after 34 years of
distinguished service. Jim Gable, currently vice president of
Downstream Technology & Services, will succeed Burger,
effective February 1, 2022.
Under Burger’s leadership, CTV has made important strides in its
strategy to identify and integrate externally developed
technologies and new business solutions with the potential to
enhance the way Chevron produces and delivers energy now and into
the future. Burger holds board and advisory positions with several
innovation and climate tech investment funds, incubators and
accelerators, and serves on the Board of the Oil and Gas Climate
Initiative (OGCI) Climate Investment LLP. She just completed her
term as chair of Houston Exponential, a convening body for the
local innovation ecosystem.
"Barbara is a respected leader in our industry and beyond," said
Eimear Bonner, vice president, chief technology officer. "She has
played a significant part in driving innovation, technology and new
business solutions within Chevron. She has also been instrumental
in Chevron’s leadership of the external innovation ecosystem
through partnerships such as The Ion innovation hub in Houston and
Boston-based Greentown Labs.”
Burger joined Chevron in 1987 as a research chemist and has held
numerous management positions with increasing responsibility across
International Marketing, Chemicals, Technology Marketing,
Lubricants and CTV. She holds a bachelor’s degree in chemistry from
the University of Rochester, an academic honor MBA in finance from
the University of California, Berkeley, and a doctoral degree in
chemistry from the California Institute of Technology.
Gable, who has been at Chevron for 23 years, currently oversees
the development and deployment of downstream-related technology for
Chevron. In his new position, Gable will leverage the broad
commercial, operations and technology experience he has cultivated
through previous leadership roles in Corporate Business
Development, Value Chain Optimization, Manufacturing and Oronite,
and from his current role within the Chevron Technical Center.
Gable will be based in Houston.
“CTV has a 22-year history of investing in startups across a
wide cross section of energy innovation and a track record of
collaboration to bring innovation to scale,” Bonner said. “Jim’s
experience at Chevron is deep and diverse. Combined with his
technology commercialization experience with CTV early in his
career, as well as in his current role, Jim is poised to lead CTV
to even greater success.”
Jim received his bachelor’s degree in Materials Engineering from
Lehigh University in 1993 and his MBA from the University of
Virginia in 1998.
Chevron is one of the world’s leading integrated energy
companies. We believe affordable, reliable and ever-cleaner energy
is essential to achieving a more prosperous and sustainable world.
Chevron produces crude oil and natural gas; manufactures
transportation fuels, lubricants, petrochemicals and additives; and
develops technologies that enhance our business and the industry.
We are focused on lowering the carbon intensity in our operations
and seeking to grow lower carbon businesses along with our
traditional business lines. More information about Chevron is
available at www.chevron.com.
CAUTIONARY STATEMENTS RELEVANT TO
FORWARD-LOOKING INFORMATION FOR THE PURPOSE OF “SAFE HARBOR”
PROVISIONS OF THE PRIVATE SECURITIES LITIGATION REFORM ACT OF
1995
This news release contains forward-looking statements relating
to Chevron’s operations and energy transition plans that are based
on management's current expectations, estimates and projections
about the petroleum, chemicals and other energy-related industries.
Words or phrases such as “anticipates,” “expects,” “intends,”
“plans,” “targets,” “advances,” “commits,” “drives,” “aims,”
“forecasts,” “projects,” “believes,” “approaches,” “seeks,”
“schedules,” “estimates,” “positions,” “pursues,” “may,” “can,”
“could,” “should,” “will,” “budgets,” “outlook,” “trends,”
“guidance,” “focus,” “on track,” “goals,” “objectives,”
“strategies,” “opportunities,” “poised,” “potential,” “ambitions,”
“aspires” and similar expressions are intended to identify such
forward-looking statements. These statements are not guarantees of
future performance and are subject to certain risks, uncertainties
and other factors, many of which are beyond the company’s control
and are difficult to predict. Therefore, actual outcomes and
results may differ materially from what is expressed or forecasted
in such forward-looking statements. The reader should not place
undue reliance on these forward-looking statements, which speak
only as of the date of this news release. Unless legally required,
Chevron undertakes no obligation to update publicly any
forward-looking statements, whether as a result of new information,
future events or otherwise.
Among the important factors that could cause actual results to
differ materially from those in the forward-looking statements are:
changing crude oil and natural gas prices and demand for the
company’s products, and production curtailments due to market
conditions; crude oil production quotas or other actions that might
be imposed by the Organization of Petroleum Exporting Countries and
other producing countries; technological advancements; changes to
government policies in the countries in which the company operates;
development of large carbon capture and offset markets; public
health crises, such as pandemics (including coronavirus (COVID-19))
and epidemics, and any related government policies and actions;
disruptions in the company’s global supply chain, including supply
chain constraints; changing economic, regulatory and political
environments in the various countries in which the company
operates; general domestic and international economic and political
conditions; changing refining, marketing and chemicals margins; the
company’s ability to realize anticipated cost savings, expenditure
reductions and efficiencies associated with enterprise
transformation initiatives; actions of competitors or regulators;
timing of exploration expenses; timing of crude oil liftings; the
competitiveness of alternate-energy sources or product substitutes;
the results of operations and financial condition of the company’s
suppliers, vendors, partners and equity affiliates, particularly
during the COVID-19 pandemic; the inability or failure of the
company’s joint-venture partners to fund their share of operations
and development activities; the potential failure to achieve
expected net production from existing and future crude oil and
natural gas development projects; potential delays in the
development, construction or start-up of planned projects; the
potential disruption or interruption of the company’s operations
due to war, accidents, political events, civil unrest, severe
weather, cyber threats, terrorist acts, or other natural or human
causes beyond the company’s control; the potential liability for
remedial actions or assessments under existing or future
environmental regulations and litigation; significant operational,
investment or product changes undertaken or required by existing or
future environmental statutes and regulations, including
international agreements and national or regional legislation and
regulatory measures to limit or reduce greenhouse gas emissions;
the potential liability resulting from pending or future
litigation; the company’s future acquisitions or dispositions of
assets or shares or the delay or failure of such transactions to
close based on required closing conditions; the potential for gains
and losses from asset dispositions or impairments; government
mandated sales, divestitures, recapitalizations, taxes and tax
audits, tariffs, sanctions, changes in fiscal terms or restrictions
on scope of company operations; foreign currency movements compared
with the U.S. dollar; material reductions in corporate liquidity
and access to debt markets; the receipt of required Board
authorizations to pay future dividends; the effects of changed
accounting rules under generally accepted accounting principles
promulgated by rule-setting bodies; the company’s ability to
identify and mitigate the risks and hazards inherent in operating
in the global energy industry; and the factors set forth under the
heading “Risk Factors” on pages 18 through 23 of the company’s 2020
Annual Report on Form 10-K and in subsequent filings with the U.S.
Securities and Exchange Commission. Other unpredictable or unknown
factors not discussed in this news release could also have material
adverse effects on forward-looking statements.
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version on businesswire.com: https://www.businesswire.com/news/home/20211215005842/en/
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