Chevron to relocate headquarters from California to Texas
Chevron announced Friday morning it will relocate its headquarters from San Ramon, where it has been based for the last twenty-three years, to Houston, Texas, as part of a planned migration of its corporate team out of California.
Chevron's statement said the company's headquarters, along with Chairman and CEO Mike Wirth and Vice Chairman Mark Nelson, will move from San Ramon, California, to Houston, Texas, as part of a plan to move all corporate functions to Houston.
"There will be minimal immediate relocation impacts to other employees currently based in San Ramon. The company expects all corporate functions to migrate to Houston over the next five years. Positions in support of the company's California operations will remain in San Ramon," Chevron said.
A statement provided to Grandview from Chevron said:
This move reflects a continuation of the trend we have seen over the last decade. Houston is home to our largest U.S. employee base. We remain committed to our investments in California with our crude oil fields, technical facilities, refineries, retail stations and renewable partnerships. Chevron has been a California-based company for more than 145 years and we will continue to have an employee presence here – in San Ramon and in our operations in the San Joaquin Valley, Richmond and El Segundo.
However, each location depends on pragmatic policies to operate. We remain deeply concerned that the proposed tax on the Richmond Refinery will have far-reaching negative consequences on the City of Richmond and our ability to provide affordable, reliable and ever cleaner energy to the millions of Californians and Nevadans who depend on it every day.
Chevron has about 7,000 employees in the Houston area and approximately 2,000 in San Ramon. The company operates crude oil fields, technical facilities, and two refineries and supplies more than 1,800 retail stations in California.
Last month, the 145-year-old oil company announced that a newly formed organization is challenging the text of the "Make Polluters Pay tax" ballot measure that will go before voters in November.
Linda Hemmila
Earlier this year, the Bay Area Air Quality Management District reached an agreement with Chevron and the Martinez Refining Company in a joint lawsuit to pay millions in fines and fund air quality projects in Richmond.
Linda Hemmila
Contra Costa County Supervisor John Gioia posted on social media that the move would not impact the Richmond refinery or the taxes it pays to the city.
"California is the future. Texas is the past. This corporate move has been in the works for years; Chevron has been moving its corporate jobs from San Ramon to Texas for years." Gioia said. "This move does not impact the Richmond Refinery and the taxes they pay."
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