Chevron announces upcoming controller transition as Alana Knowles plans retirement

Chevron Corporation (NYSE:CVX) announced Monday that Alana K. Knowles has elected to resign from her role as Controller, effective February 28, 2026, in anticipation of her expected retirement from the company in April 2026. The announcement was made in a press release statement based on a recent SEC filing. The energy giant, currently valued at $320 billion and trading near its 52-week high, has maintained dividend payments for 55 consecutive years according to InvestingPro data.

The company’s Board of Directors has elected Amit R. Ghai to succeed Knowles as Controller, effective March 1, 2026. In this capacity, Ghai will serve as Chevron’s principal accounting officer.

Ghai, age 53, has been with Chevron and its subsidiaries since 2004. He currently serves as Assistant Controller, a position he has held since October 2020. Prior to this, he was Controller of Downstream & Chemicals from July 2019 through October 2020, and General Manager, Finance, Supply and Trading from June 2016 through July 2019. Ghai has held several positions of increasing responsibility in finance, accounting, and treasury within the company.

Chevron is incorporated in Delaware and its common stock is listed on the New York Stock Exchange under the symbol CVX. This information is based on a press release statement included in the company’s Form 8-K filing with the Securities and Exchange Commission.

In other recent news, Chevron Corporation reported its third-quarter earnings for 2025, surpassing Wall Street expectations. The company achieved an adjusted earnings per share (EPS) of $1.85, exceeding the forecasted $1.75. Additionally, Chevron’s revenue outperformed projections, reaching $49.73 billion compared to the anticipated $47.26 billion. These results highlight Chevron’s strong financial performance in the recent quarter. The earnings report reflects positive investor sentiment. Analysts’ projections had set a high bar, but Chevron’s results managed to exceed these estimates. These developments are part of the latest updates concerning Chevron Corporation.

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