Chevron agrees Hess CEO will not join board in deal with US regulator, Bloomberg News reports-February 2024-www.financetom.com

Chevron agrees Hess CEO will not join board in deal with US regulator, Bloomberg News reports

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Chevron agrees Hess CEO will not join board in deal with US regulator, Bloomberg News reports

Sep 26, 2024 8:57 AM

Sept 26 (Reuters) - U.S. energy major Chevron ( CVX )

has agreed that Hess CEO John Hess will not join its

board in an agreement with the U.S. Federal Trade Commission to

proceed with the $53 billion takeover deal, Bloomberg News

reported on Thursday, citing people familiar with the matter.

(Reporting by Sourasis Bose in Bengaluru; Editing by Anil

D'Silva)

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