Chevron names new CFO while Chevron stock trades at EUR 195.79

Published on 10/14/2026 at 11:33 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Jeff Gustavson becomes CFO on January 1, 2027, after Chevron reshuffles leadership. Chevron stock costs EUR 195.79 in trading on October 14, 2026.

Chevron's succession timeline

Chevron's leadership changes take effect on January 1, 2027.
Second-quarter revenue reached USD 67.20 billion, up 57.40 percent year over year.
Chevron stock trades at EUR 195.79 at 11:30 a.m. CEST at Lang & Schwarz on October 14, 2026.

Black and white documentary photojournalism of a pipeline worker in hard hat and safety gear, holding inspection tool examining a large industrial pipe, outdoor industrial site with dramatic contrast lighting — Chevron US1667641005 setzt erfahrene Techniker für Pipeline-Inspektion mit Helm und Werkzeug dokumentarisch ein, Illustration mit AI erstellt.

Chevron (ISIN US1667641005) had named Jeff Gustavson as its next chief financial officer on October 6, 2026, while Chevron stock was trading at EUR 195.79 at Lang & Schwarz on October 14, 2026 at 11:30 a.m. CEST. Yahoo Finance reported that Eimear Bonner will become president of Oil, Products and Gas, while Jeff Gustavson moves from New Energies to the finance role.

Three milestones shape the story

Chevron's second-quarter results on July 31, 2026, supplied the financial backdrop. MarketBeat reported adjusted earnings per share of USD 6.06 against a USD 5.55 consensus estimate, while revenue reached USD 67.20 billion, up 57.40 percent from the same quarter a year earlier.

The next dated step came on October 6, 2026, when Chevron announced four senior leadership changes. The October 12, 2026 analyst update then put valuation back at the center of the discussion, with TD Cowen raising its target from USD 215.00 to USD 225.00 while retaining a Hold rating, according to MarketBeat.

What changes on January 1, 2027?

The management transition is scheduled for January 1, 2027. Bonner will take charge of Oil, Products and Gas, Gustavson will oversee finance, and Brent Gros will move from Offshore to lead New Energies, according to OE Digital. For investors, the structure places an experienced internal executive in the core operating business while giving the CFO role to a leader from the lower-carbon division.

What does the target change signal?

TD Cowen's move from USD 215.00 to USD 225.00 provides a concrete valuation reference, but the unchanged Hold rating keeps the assessment measured. The same MarketBeat report said Chevron's shares were near a 12-month high of USD 217.78 on October 12, 2026, while the company had a market capitalization of USD 423.5 billion.

Chevron's next reported results are scheduled for October 23, 2026, for the third quarter of 2026, according to the company calendar cited by TradingView. That date will test whether the strong second-quarter comparison and the leadership reshuffle are translating into sustained operating momentum.

Chevron stock trades in Frankfurt hours

At Lang & Schwarz, Chevron stock was trading at EUR 195.79 on October 14, 2026 at 11:30 a.m. CEST. The further course of trading is shown by the continuously updated real-time quote of Chevron stock.