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Environmental Change: If I Were the New CEO of Chevron

San Francisco Gate -- If I were the new CEO of Chevron, I would stop listening to the lawyers and bring the engineers into the boardroom to develop a strategy to invest a good portion of last year’s record $24 billion profit into inventing solutions to the adverse environmental and social impacts of the company’s operations around the globe.

It is clear that Chevron’s historical reliance upon litigation to get what it wants is being eclipsed by new activist strategies that have effectively boxed Chevron into a corner.

Chevron appears to be on the verge of being handed down a judgment in Ecuador that could total $27 billion for polluting practices of Texaco operations dating back to 1984 – but which Chevron’s assumed liability for in 2001 when it swallowed up Texaco.

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Submitted Nov 04, 2009 By: LetemEatCake

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Author	Topic: Environmental Change: If I Were the New CEO of Chevron	Post a Reply Back to Topics

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LetemEatCake Champion Author Oklahoma City Posts:2,155 Points:274,180 Joined:Mar 2008	Message Posted: Nov 5, 2009 9:30:48 AM Ignore LetemEatCake Report Abuse kyrunner from Lexington... Using your logic....If your wife told you to pick-up your dirty underwear from the bathroom floor....Is she being environmentally friendly or an ecoweenie?
Petrock Champion Author Lexington Posts:3,059 Points:1,331,085 Joined:Apr 2005	Message Posted: Nov 5, 2009 5:54:30 AM Ignore Petrock Report Abuse Each of us would do something different if we were the CEO of Chevron, But then that's probably why we are NOT the new CEO. They hire the person to handle it the way they not the way we want. I don't think litigation in Ecuador for something that happened 25 years ago is a very good gage of where the CEO wants to take the company.
DrivingFool2 Champion Author Wisconsin Posts:2,013 Points:365,130 Joined:Apr 2005	Message Posted: Nov 5, 2009 5:53:44 AM Ignore DrivingFool2 Report Abuse CEO????????? Show me the money
RocketGeek Champion Author Grand Rapids Posts:4,136 Points:848,920 Joined:May 2005	Message Posted: Nov 5, 2009 5:53:40 AM Ignore RocketGeek Report Abuse The future looks bright for the attorneys!
tc316 Champion Author Twin Cities Posts:2,493 Points:506,080 Joined:Apr 2007	Message Posted: Nov 5, 2009 5:43:51 AM Ignore tc316 Report Abuse Wonderful
harleydoctor Champion Author Kansas Posts:1,172 Points:682,090 Joined:Sep 2005	Message Posted: Nov 5, 2009 5:39:53 AM Ignore harleydoctor Report Abuse Invest in local drilling- ssccrreeww OPEC.....
RLH68 Champion Author Orlando Posts:3,665 Points:717,675 Joined:Jun 2007	Message Posted: Nov 5, 2009 5:35:29 AM Ignore RLH68 Report Abuse It would seem BIG OIL runs the country.
skippypa Champion Author Hawaii Posts:2,062 Points:476,215 Joined:Jun 2008	Message Posted: Nov 5, 2009 5:31:01 AM Ignore skippypa Report Abuse Let's see what happens with Chevron.
stpetebp Champion Author Tampa Posts:1,468 Points:562,845 Joined:Nov 2007	Message Posted: Nov 5, 2009 5:23:26 AM Ignore stpetebp Report Abuse Let us see how it will actually work out.
Bleeder Champion Author Virginia Posts:2,580 Points:549,665 Joined:Jan 2008	Message Posted: Nov 5, 2009 5:22:50 AM Ignore Bleeder Report Abuse $24B in profit!! How much is enough? How can they complain?
FASTR1 Champion Author Michigan Posts:3,740 Points:550,770 Joined:May 2007	Message Posted: Nov 5, 2009 5:14:54 AM Ignore FASTR1 Report Abuse If I were the CEO i'd take one years salary and retire.
Grismer Champion Author Kitchener-Waterloo Posts:2,343 Points:499,520 Joined:Apr 2008	Message Posted: Nov 5, 2009 5:04:03 AM Ignore Grismer Report Abuse And if pigs had wings, they would fly.
hybridaholic Champion Author Wisconsin Posts:1,873 Points:309,680 Joined:Dec 2008	Message Posted: Nov 5, 2009 4:59:12 AM Ignore hybridaholic Report Abuse If I were CEO, I'd retire, take the money and run.
wegman Champion Author Twin Cities Posts:1,504 Points:848,475 Joined:Jun 2001	Message Posted: Nov 5, 2009 4:50:44 AM Ignore wegman Report Abuse And if this left liberal environmentalist clown was the CEO of Chevron the stock would tank and the board of directors would need to be fired.
HawaiianGuy Champion Author Idaho Posts:3,171 Points:1,830,105 Joined:May 2003	Message Posted: Nov 5, 2009 4:30:11 AM Ignore HawaiianGuy Report Abuse BigDogOH, naw, wouldn't work. They'd just move to San Francisco where the people, Gavin Newsom and Nancy Pelosi would welcome them with open arms.
rowing Sophomore Author Macon Posts:169 Points:41,100 Joined:Sep 2009	Message Posted: Nov 5, 2009 4:30:04 AM Ignore rowing Report Abuse the judgement will cost us at the pumps
granitestater Champion Author New Hampshire Posts:2,317 Points:352,390 Joined:Oct 2008	Message Posted: Nov 5, 2009 4:29:17 AM Ignore granitestater Report Abuse Climate change or whatever is being acerbated by global rainforest destruction in Brazil, the Congo and Indonesia. We can conserve, but we can't make up for the loss of CO2 absorbing trees.
BigDogOH Champion Author Cincinnati Posts:2,208 Points:566,970 Joined:Mar 2008	Message Posted: Nov 5, 2009 4:26:49 AM Ignore BigDogOH Report Abuse Pull out of Ecuador and let them starve
jmg144 Champion Author Maryland Posts:6,394 Points:1,757,280 Joined:Jul 2004	Message Posted: Nov 5, 2009 4:23:46 AM Ignore jmg144 Report Abuse How much will it really cost Chevron?
fratt Champion Author Grand Rapids Posts:3,491 Points:1,384,200 Joined:Jul 2005	Message Posted: Nov 5, 2009 4:13:27 AM Ignore fratt Report Abuse I agree with BM4225.
camel1 Champion Author Minnesota Posts:2,515 Points:1,059,470 Joined:Jul 2006	Message Posted: Nov 5, 2009 4:05:20 AM Ignore camel1 Report Abuse Many American companies need to heed this advice about corporate responsibility for the environmental damage they create and take measures to prevent future damages.
NotTom Champion Author New Hampshire Posts:1,348 Points:534,880 Joined:Aug 2005	Message Posted: Nov 5, 2009 4:04:20 AM Ignore NotTom Report Abuse agreed BM4225
lpj Champion Author Macon Posts:5,834 Points:1,240,030 Joined:Apr 2006	Message Posted: Nov 5, 2009 3:59:41 AM Ignore lpj Report Abuse they are not going to do no more than they have to , got to keep those gas dollars rolling in !!
BM4225 Champion Author Atlanta Posts:4,007 Points:894,615 Joined:Aug 2006	Message Posted: Nov 5, 2009 3:55:50 AM Ignore BM4225 Report Abuse Shouldn't have assumed Texaco's liabilities. You know what they say about people who assume things, they make an ASS out of U & ME
TIGERPAW46 Champion Author Florida Posts:1,551 Points:286,720 Joined:Mar 2004	Message Posted: Nov 5, 2009 3:52:10 AM Ignore TIGERPAW46 Report Abuse Chevron has become more expensive than most stationstions locally, yet there are still Texaco stations and generally they are $0.10 to $0.15 less/Gal. So what gives with that. Also Personally I'm concerned with some recent dealings involving other international companies. What is their link with Winn Dixie and their gas disc. card now they've announced reducing that disc. in half. mainly good at Chevron stations. I think I will be careful supporting Chevron until I have time to get more Info. [Edited by: TIGERPAW46 at 11/5/2009 3:53:02 AM EST]
twobroke61 Champion Author Michigan Posts:1,965 Points:337,480 Joined:Sep 2008	Message Posted: Nov 5, 2009 3:49:11 AM Ignore twobroke61 Report Abuse what ever
Saturn93 Champion Author Salt Lake City Posts:2,842 Points:731,465 Joined:Oct 2006	Message Posted: Nov 5, 2009 3:41:27 AM Ignore Saturn93 Report Abuse What CEO would want to navigate the complexity of government regulations, restrictions and controls on domestic energy companies today?
ED6 Champion Author Riverside Posts:3,732 Points:729,110 Joined:Jul 2007	Message Posted: Nov 5, 2009 3:38:39 AM Ignore ED6 Report Abuse Assumption.
Tundralimited2009 All-Star Author Dallas Posts:798 Points:232,955 Joined:Feb 2009	Message Posted: Nov 5, 2009 3:33:44 AM Ignore Tundralimited2009 Report Abuse Chevron is being business as usual.......
findcheap Champion Author Los Angeles Posts:3,231 Points:748,995 Joined:Apr 2007	Message Posted: Nov 5, 2009 3:30:45 AM Ignore findcheap Report Abuse "If I were . . ", but you aren't.
Saturn93 Champion Author Salt Lake City Posts:2,842 Points:731,465 Joined:Oct 2006	Message Posted: Nov 5, 2009 3:30:02 AM Ignore Saturn93 Report Abuse with all the federal changes, restrictions and regulations it's amazing what any CEO would tr;y navigating through the hardware of the season.
Edtx2009 Veteran Author Houston Posts:458 Points:113,020 Joined:Jun 2009	Message Posted: Nov 5, 2009 3:07:23 AM Ignore Edtx2009 Report Abuse HUH?
AuburnTim Champion Author Indiana Posts:2,374 Points:585,845 Joined:May 2005	Message Posted: Nov 5, 2009 2:59:04 AM Ignore AuburnTim Report Abuse Pfffft!
carlsonguitars Champion Author Portland Posts:3,054 Points:483,600 Joined:Jan 2008	Message Posted: Nov 5, 2009 2:49:13 AM Ignore carlsonguitars Report Abuse If I was the head of the EPA I would nail the CEO of Chevron on every violation possible AND CRUCIFY HIM!!!! Chevron is a dirty back handed company that is a disgrace to the USA!!!! Clinton AND Bush look like absolute saints compared to CHEVRON!!!
kyrunner Champion Author Lexington Posts:2,323 Points:438,075 Joined:Aug 2008	Message Posted: Nov 5, 2009 2:42:09 AM Ignore kyrunner Report Abuse Written by a true ecoweenie!
GMVAN Veteran Author Calgary Posts:384 Points:142,230 Joined:Apr 2009	Message Posted: Nov 5, 2009 2:41:34 AM Ignore GMVAN Report Abuse Do you think they`ll pay up!
comprof Veteran Author Houston Posts:310 Points:104,350 Joined:Jul 2009	Message Posted: Nov 5, 2009 2:37:24 AM Ignore comprof Report Abuse The Valdez mishap was unfortunate and irresponsible. However, its impact was way overblown. The expensive cleanup process that was required of Exxon was ridiculous. Several studies since then have shown the environments affected by oil spills recover on their own in about 5-7 years without any type of intervention. The expensive cleaning methods that the EPA required result in 15-20 years before environmental recovery. Just another example of extreme environmental crap based on no scientific studies has and continues to hurt America. The Global warming BS falls in the same category.
LoneGuy Champion Author Lansing Posts:2,249 Points:1,086,085 Joined:Aug 2005	Message Posted: Nov 5, 2009 2:30:51 AM Ignore LoneGuy Report Abuse So how enviromentaly conciencious do you think China is as they slant drill on our coastal areas for our own oil reserves? They are the ones who poison our pets and send lead painted toys to our kids.
sosgas Veteran Author Portland Posts:327 Points:170,240 Joined:Feb 2009	Message Posted: Nov 5, 2009 2:29:45 AM Ignore sosgas Report Abuse NOT TO BAD >
dwgt.net Champion Author Nevada Posts:10,156 Points:1,773,385 Joined:Sep 2004	Message Posted: Nov 5, 2009 2:29:21 AM Ignore dwgt.net Report Abuse What do they have against Chevron?
Sody33 Champion Author Las Vegas Posts:9,160 Points:1,220,695 Joined:Oct 2005	Message Posted: Nov 5, 2009 2:27:15 AM Ignore Sody33 Report Abuse Sounds like a good idea to me. Everyone needs to be more conscious of what they are doing and what the results might be.
speedys All-Star Author Utah Posts:650 Points:1,297,205 Joined:Nov 2005	Message Posted: Nov 5, 2009 2:19:45 AM Ignore speedys Report Abuse More BS.
jadeusa Champion Author Dallas Posts:2,805 Points:589,410 Joined:Sep 2005	Message Posted: Nov 5, 2009 2:14:03 AM Ignore jadeusa Report Abuse Although I may have a problem with the climate change science, there should be appropriate corporate responsibility on Chevron's part to quit dumping overseas.
tom11743 Champion Author North Carolina Posts:1,303 Points:327,630 Joined:May 2005	Message Posted: Nov 5, 2009 2:08:27 AM Ignore tom11743 Report Abuse just wonderful
nurdco Champion Author Colorado Springs Posts:2,320 Points:429,175 Joined:Apr 2008	Message Posted: Nov 5, 2009 2:08:16 AM Ignore nurdco Report Abuse The Valdez oil spill again when they delay the payments to Equador...
snappyray09 All-Star Author Arkansas Posts:540 Points:74,480 Joined:Sep 2009	Message Posted: Nov 5, 2009 2:07:42 AM Ignore snappyray09 Report Abuse just shows how stupit they thank the world is.
Number43 Champion Author Lexington Posts:2,030 Points:395,435 Joined:Oct 2008	Message Posted: Nov 5, 2009 2:00:16 AM Ignore Number43 Report Abuse What a stupid article. Please no more lefty bull.....
RENEGADEGAS Champion Author Missouri Posts:3,503 Points:348,455 Joined:Jul 2008	Message Posted: Nov 5, 2009 1:54:47 AM Ignore RENEGADEGAS Report Abuse If I were the new CEO I would tell these green weenies to take a hike, and get back to the business of building a strong company, capable of employing hundreds of American workers. I have listened to the mindless dribble of these whining morons long enough. All it has done is damage the economy of this once great nation. Its time to turn a deaf ear to it and bring America back to her former glory.
CoffeeTrader Champion Author Victoria Posts:2,332 Points:427,780 Joined:Sep 2008	Message Posted: Nov 5, 2009 1:53:45 AM Ignore CoffeeTrader Report Abuse Bullying your way around is not the way of the future.
jcurley Champion Author California Posts:2,410 Points:572,795 Joined:Dec 2007	Message Posted: Nov 5, 2009 1:44:49 AM Ignore jcurley Report Abuse See, now you're assuming that CEO's have everyday human emotions. Corporations exist for two reasons, to maximize profits for the shareholders, and to remove personal liability for the executives. Remember, Capitalism is only an economic model.