Mike Wirth

Chevron: Hess deal, Permian-led capital allocation

Mike Wirth has served as Chairman and Chief Executive of Chevron Corporation since 2018. Under his tenure, Chevron prioritised Permian Basin production as its core growth engine while maintaining capital discipline through commodity cycles. He pursued the acquisition of Hess Corporation, valued at approximately $53bn, which became entangled in an arbitration dispute over Hess's Guyana assets.