Chevron makes executive changes

US energy giant and LNG player, Chevron said on Thursday it named Bruce Niemeyer corporate vice president of strategic planning.

Niemeyer is currently vice president of Chevron’s mid-continent business unit.

In his new role, Niemeyer, 56, will be responsible for setting the strategic direction for the company, allocating capital and other resources and determining operating unit performance measures and targets, Chevron said in its statement.

He will report to Mark A. Nelson, vice president of midstream, strategy and policy.

Niemeyer will be succeeded by Jeff Gustavson, currently president of Chevron Canada.

In his current role, Gustavson is responsible for Chevron’s upstream interests in Canada, including oil sands, unconventional resources in Alberta and British Columbia, interests offshore Newfoundland and Labrador, the proposed Kitimat LNG project, and assets in the Northwest Territories and Yukon Territory.

Worth mentioning, Chevron also announced this week that Jim Umpleby, the current CEO of Caterpillar, had been elected to the company’s board of directors.