Liam Denning, Columnist

Chevron Shifts From Watson to What's Next

Big challenges remain, but the CEO's successor will be assuming control at a relatively opportune time.

August 23, 2017 at 12:00 PM UTC

Liam Denning is a Bloomberg Opinion columnist covering energy. A former banker, he edited the Wall Street Journal’s Heard on the Street column and wrote the Financial Times’s Lex column.

1503440128_pic — Photographer: Christophe Morin/Bloomberg

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Here are two observations about the rumored departure of John Watson as CEO of Chevron Corp.:

Watson, who took over running Chevron in January 2010, is said to be considering stepping down, as first reported Tuesday in The Wall Street Journal (a spokesperson said the company doesn't comment on speculation).