Chevron Names Kevin McLachlan to Lead Exploration; Liz Schwarze to Retire

HOUSTON, TX -- Chevron Corporation1 (NYSE: CVX) today announced Kevin McLachlan will become Vice President of Exploration, effective November 1. McLachlan will oversee the company’s worldwide exploration program. McLachlan will be based in Houston and succeed Liz Schwarze, who is retiring in February after 36 years of service to the company.

“Kevin will be an important addition to the Exploration organization,” said Clay Neff, president of Chevron Upstream. “He joins us as an experienced energy executive with extensive experience, and a strong record of leading and driving exploration organizations to achieve industry-leading performance and value creation.”

“Liz’s career has touched multiple aspects of Chevron’s portfolio, and I’m grateful for the contributions she has made to Chevron over the course of her career,” Neff added. “Liz’s thoughtful and collaborative leadership has consistently improved business outcomes in every organization and location where she has worked.”

McLachlan has extensive experience in international oil and gas exploration, development, production, and carbon capture and storage (CCS). He has held senior leadership and executive roles at companies such as TotalEnergies SE, Murphy Oil Corporation, Nexen Inc., and ExxonMobil Corporation. He received his Bachelor of Science in Geophysics, Honors Program, from the University of Calgary.

Chevron is one of the world’s leading integrated energy companies. We believe affordable, reliable and ever-cleaner energy is essential to enabling human progress. 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 aim to grow our oil and gas business, lower the carbon intensity of our operations and grow new businesses in renewable fuels, carbon capture and offsets, hydrogen, power generation for data centers, and emerging technologies. More information about Chevron is available at www.chevron.com.