Chevron (CVX)

Chevron Corporation today announced that executive vice president, Charles A. James, will leave the company effective May 2, 2010. James, who intends to retire from the active practice of law, will join the adjunct faculty of the law school at Arizona State University and pursue other charitable ventures. This move is part of a planned transition under which James led the recruitment of his successor, R. Hewitt Pate, vice president and general counsel. Pate joined the company in August 2009 and has reported to James during this transition period. "Charles has provided tremendous leadership to our global legal team over the past eight years," said John Watson, Chevron`s chairman and CEO. "During his tenure, he created a world-class law function and guided our legal strategy on a range of complex and important legal matters. Charles will have an ongoing consulting relationship with Chevron and we look forward to drawing on his deep understanding of the law and our business. We wish him well."
No known reason to think this is anything other than a pre-planned transition, expected to go smoothly. If not, oil sheen in the executive suite would be evident.

Feb 25 · 8:59:00 PM · Source: Company Press Release
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by Jeffrey Epstein