Hess, Chevron
Chevron Agrees Hess CEO Won’t Join Board in Deal With FTC
Chevron Corp. agreed that Hess Corp. Chief Executive Officer John Hess won’t join the company’s board as part of an agreement with the US Federal Trade Commission allowing the companies’ merger to proceed,
FTC Plans to Block Hess CEO from Chevron Board
John Hess would be prevented from Chevron’s board as part of deal for antitrust approval of a Hess-Chevron merger.
FTC Bars Hess CEO From Chevron Board Seat as Condition of Deal, Say Sources
HOUSTON (Reuters) -U.S. antitrust regulators will bar Hess CEO John Hess from taking a board seat as a condition of its go-ahead of oil producer Chevron's $53 billion purchase of Hess, people close to the matter said.
FTC Bars Hess CEO From Joining Chevron Board in Merger
The Federal Trade Commission has said Hess Corp’s CEO must not join the board of Chevron if the two companies want the merger to go ahead.
Chevron will leave John Hess off its board to win merger approval
Chevron will agree to exclude the chief executive of Hess from its board if required by US regulators in order to get the merger of the two companies approved, said people familiar with the matter. The US’s second-biggest oil company had planned to appoint John Hess a director as part of its $53bn acquisition of his company,
Chevron agrees Hess CEO will not join board in deal with FTC - Bloomberg
CEO John Hess will not join the merged company's board as part of an agreement with the U.S. Federal Trade Commission that would allow the companies planned merger to proceed, Bloomberg reported Thursday.
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