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Excerpt from news.google.com
Chevron has announced that it will relocate its company headquarters from San Ramon, Calif., to Houston, Texas.
To kick off the relocation, Chevron Chairman and CEO Mike Wirth and Vice Chairman Mark Nelson will move to Houston before the end of the year to co-locate with other senior leaders, the company noted in a statement.
Chevron has ensured that the immediate relocation will have minimal impact on other employees currently based in San Ramon.
The company expects all corporate functions to migrate to Houston over the next five years, while positions in support of the company’s California operations will remain in San Ramon.
Chevron currently has roughly 7,000 employees in the Houston area and approximately 2,000 employees in San Ramon. The company operates crude oil fields, technical facilities and two refineries and supplies more than 1,800 retail stations in California.
