Yemisi Izuora
Chevron Corporation the US-based multinational energy giant, has named Navin Mahajan as vice president and treasurer, with effect from February 1, 2019. The company also appointed Dale Walsh vice president of Corporate Affairs, effective March 1.
Mahajan, 52, succeeds Randy Richards, who is retiring from Chevron after 40 years of service. Mahajan, who is currently vice president, Finance Downstream and Chemicals, will oversee banking, financing, cash management, insurance, pension investments, and credits and receivables activities across the corporation. He will report to Patricia Yarrington, Chevron’s vice president and chief financial officer.
“Navin’s broad experience and financial acumen make him well qualified to guide our financing and cash management strategies at a time of growing production and cash generation,” said Michael K Wirth, Chevron’s chairman of the board and chief executive officer. “Randy’s leadership over the last few years has helped us meet corporate objectives of paying down debt and returning cash to shareholders,” Wirth added. “We are grateful for his almost four decades of service to Chevron.”
In a separate appointment, Dale Walsh, 59, has been named vice president of Corporate Affairs. He succeeds Joe Naylor, who is retiring after 36 years of performance. Walsh, currently Chevron’s president of Americas Products, will be responsible for overseeing government affairs, public affairs, social investment and performance, and the company’s worldwide efforts to protect and enhance its reputation. Walsh will report to Wirth.
San Ramon-based Chevron is among the largest integrated energy companies globally. The company explores, produces and transports crude oil and natural gas; refines, markets and distributes transportation fuels and lubricants; manufactures and sells petrochemicals and additives; generates power; and develops and deploys technologies.