Chevron adopts amended bylaws effective March 25, 2026; non-employee directors gain authority to elect chairman, lead director, vice chairman

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  • Chevron’s board approved amended and restated bylaws, effective March 25, 2026.
  • The changes specify that non-employee directors elect the chairman annually and, when applicable, the lead director.
  • The amended bylaws also allow non-employee directors to elect a vice chairman.
  • The board cited the addition of non-employee director John Hess, who is not considered independent under NYSE standards due to acquisition-related transactions.
  • Chevron said the governance changes are intended to keep NYSE compliance while allowing John Hess to participate in certain board activities.


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