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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 Topic is locked Back to Topics
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LetemEatCake
Champion Author Oklahoma City

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Message Posted: Nov 5, 2009 9:30:48 AM


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?
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Petrock
Champion Author Lexington

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Message Posted: Nov 5, 2009 5:54:30 AM

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.
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DrivingFool2
Champion Author Wisconsin

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Message Posted: Nov 5, 2009 5:53:44 AM

CEO????????? Show me the money
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RocketGeek
Champion Author Grand Rapids

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Message Posted: Nov 5, 2009 5:53:40 AM

The future looks bright for the attorneys!
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tc316
Champion Author Twin Cities

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Message Posted: Nov 5, 2009 5:43:51 AM

Wonderful
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harleydoctor
Champion Author Kansas

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Message Posted: Nov 5, 2009 5:39:53 AM

Invest in local drilling- ssccrreeww OPEC.....
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RLH68
Champion Author Orlando

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Message Posted: Nov 5, 2009 5:35:29 AM

It would seem BIG OIL runs the country.
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skippypa
Champion Author Hawaii

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Message Posted: Nov 5, 2009 5:31:01 AM

Let's see what happens with Chevron.
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stpetebp
Champion Author Tampa

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Message Posted: Nov 5, 2009 5:23:26 AM

Let us see how it will actually work out.
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Bleeder
Champion Author Virginia

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Message Posted: Nov 5, 2009 5:22:50 AM

$24B in profit!! How much is enough? How can they complain?
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FASTR1
Champion Author Michigan

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Message Posted: Nov 5, 2009 5:14:54 AM

If I were the CEO i'd take one years salary and retire.
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Grismer
Champion Author Kitchener-Waterloo

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Message Posted: Nov 5, 2009 5:04:03 AM

And if pigs had wings, they would fly.
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hybridaholic
Champion Author Wisconsin

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Message Posted: Nov 5, 2009 4:59:12 AM

If I were CEO, I'd retire, take the money and run.
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wegman
Champion Author Twin Cities

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Message Posted: Nov 5, 2009 4:50:44 AM

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.
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HawaiianGuy
Champion Author Idaho

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Message Posted: Nov 5, 2009 4:30:11 AM

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.
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rowing
All-Star Author Macon

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Message Posted: Nov 5, 2009 4:30:04 AM

the judgement will cost us at the pumps
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granitestater
Champion Author New Hampshire

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Message Posted: Nov 5, 2009 4:29:17 AM

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.
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BigDogOH
Champion Author Cincinnati

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Message Posted: Nov 5, 2009 4:26:49 AM

Pull out of Ecuador and let them starve
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jmg144
Champion Author Maryland

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Message Posted: Nov 5, 2009 4:23:46 AM

How much will it really cost Chevron?
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fratt
Champion Author Grand Rapids

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Message Posted: Nov 5, 2009 4:13:27 AM

I agree with BM4225.
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camel1
Champion Author Minnesota

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Message Posted: Nov 5, 2009 4:05:20 AM

Many American companies need to heed this advice about corporate responsibility for the environmental damage they create and take measures to prevent future damages.
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NotTom
Champion Author New Hampshire

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Message Posted: Nov 5, 2009 4:04:20 AM

agreed BM4225
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lpj
Champion Author Macon

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Message Posted: Nov 5, 2009 3:59:41 AM

they are not going to do no more than they have to , got to keep those gas dollars rolling in !!
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BM4225
Champion Author Atlanta

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Message Posted: Nov 5, 2009 3:55:50 AM

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
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TIGERPAW46
Champion Author Florida

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Message Posted: Nov 5, 2009 3:52:10 AM

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]
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twobroke61
Champion Author Michigan

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Message Posted: Nov 5, 2009 3:49:11 AM

what ever
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Saturn93
Champion Author Salt Lake City

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Message Posted: Nov 5, 2009 3:41:27 AM

What CEO would want to navigate the complexity of government regulations, restrictions and controls on domestic energy companies today?
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ED6
Champion Author Riverside

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Message Posted: Nov 5, 2009 3:38:39 AM

Assumption.
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Tundralimited2009
Champion Author Dallas

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Message Posted: Nov 5, 2009 3:33:44 AM

Chevron is being business as usual.......
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findcheap
Champion Author Los Angeles

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Message Posted: Nov 5, 2009 3:30:45 AM

"If I were . . ", but you aren't.
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Saturn93
Champion Author Salt Lake City

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Message Posted: Nov 5, 2009 3:30:02 AM

with all the federal changes, restrictions and regulations it's amazing what any CEO would tr;y navigating through the hardware of the season.
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Edtx2009
Champion Author Houston

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Message Posted: Nov 5, 2009 3:07:23 AM

HUH?
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AuburnTim
Champion Author Indiana

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Message Posted: Nov 5, 2009 2:59:04 AM

Pfffft!
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carlsonguitars
Champion Author Portland

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Message Posted: Nov 5, 2009 2:49:13 AM

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!!!
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kyrunner
Champion Author Lexington

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Message Posted: Nov 5, 2009 2:42:09 AM

Written by a true ecoweenie!
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GMVAN
Champion Author Calgary

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Message Posted: Nov 5, 2009 2:41:34 AM

Do you think they`ll pay up!
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comprof
Champion Author Houston

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Message Posted: Nov 5, 2009 2:37:24 AM

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.
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LoneGuy
Champion Author Lansing

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Message Posted: Nov 5, 2009 2:30:51 AM

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.
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sosgas
All-Star Author Portland

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Message Posted: Nov 5, 2009 2:29:45 AM

NOT TO BAD >
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EVBuddy
Champion Author Nevada

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Message Posted: Nov 5, 2009 2:29:21 AM

What do they have against Chevron?
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Sody33
Champion Author Las Vegas

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Message Posted: Nov 5, 2009 2:27:15 AM

Sounds like a good idea to me. Everyone needs to be more conscious of what they are doing and what the results might be.
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speedys
Champion Author Utah

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Message Posted: Nov 5, 2009 2:19:45 AM

More BS.
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jadeusa
Champion Author Dallas

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Message Posted: Nov 5, 2009 2:14:03 AM

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.
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tom11743
Champion Author North Carolina

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Message Posted: Nov 5, 2009 2:08:27 AM

just wonderful
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nurdco
Champion Author Colorado Springs

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Message Posted: Nov 5, 2009 2:08:16 AM

The Valdez oil spill again when they delay the payments to Equador...
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snappyray09
Champion Author Arkansas

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Message Posted: Nov 5, 2009 2:07:42 AM

just shows how stupit they thank the world is.
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Number43
Champion Author Lexington

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Message Posted: Nov 5, 2009 2:00:16 AM

What a stupid article. Please no more lefty bull.....
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RENEGADEGAS
Champion Author Missouri

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Message Posted: Nov 5, 2009 1:54:47 AM

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.
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CoffeeTrader
Champion Author Victoria

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Message Posted: Nov 5, 2009 1:53:45 AM

Bullying your way around is not the way of the future.
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jcurley
Champion Author California

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Message Posted: Nov 5, 2009 1:44:49 AM

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.
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