Hess CEO’s OPEC Communication Disqualifies Him From Chevron Board, FTC Says
US regulators will allow Chevron Corp. to move forward with its $53 billion acquisition of Hess Corp. but are barring Chief Executive Officer John Hess from joining the supermajor’s board, saying he improperly communicated with OPEC.
As a condition of the approval, the FTC has stipulated that Hess CEO John B Hess will not join Chevron's board of ...
We cannot allow fossil fuel companies to gouge the American public in concert with OPEC while raking in record profits,” said one watchdog, calling for congressional hearings. Consumer advocates ...
The agency accuses John Hess of improper talks with OPEC and will block him from joining the board of Chevron, which is ...
Chevron and Hess merger clears FTC antitrust review, but Hess CEO John Hess will not join Chevron board. Chevron CEO ...
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M&A News: Chevron’s (CVX) $53B Hess Merger Nears FTC ApprovalChevron Corp. ($CVX) is on the brink of obtaining regulatory clearance for its $53 billion acquisition of Hess Corp. ($HES) ...
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