Chevron appoints Board member Dr. Wanda Austin as new Lead Independent Director

– USA, CA –  Chevron Corporation (NYSE: CVX) today announced the nomination of Board member Dr. Wanda Austin as the Lead Independent Director, effective May 25, 2022, succeeding Dr. Ronald Sugar who will remain on the Board.

Dr. Wanda Austin has served on the Chevron Board since December 2016.

“We are pleased to announce Dr. Austin’s selection as our next lead independent director. Wanda was selected by the independent directors of the Board based on her thoughtful leadership and contributions in a variety of roles, including as chair of our Board Nominating and Governance Committee and as former chair of our Public Policy and Sustainability Committee. We thank her for accepting this responsibility to lead and provide independent oversight of management,” said Chairman and CEO, Mike Wirth.

Dr. Austin will continue to serve as chair of the Board Nominating and Governance Committee and member of the Management Compensation Committee. Dr. Sugar will continue to serve on the Board Nominating and Governance Committee and Management Compensation Committee.

About Chevron

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.

For more information: https://www.chevron.com/

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