Jeff B Gustavson has sold CVX and made no open-market buys since Aug 2023

Jeff B. Gustavson is the President of Chevron New Energies at Chevron Corporation (CVX), a role in which he leads initiatives in renewable fuels, hydrogen, carbon capture utilization and storage (CCUS), carbon offsets, geothermal, and other low-carbon technologies.( With over 23 years at Chevron in various roles, Gustavson has been instrumental in advancing the company's strategy to deliver lower carbon energy, including targets like a 35% reduction in upstream scope one and two emissions by 2028, eliminating routine flaring by 2030, and net zero ambitions for upstream operations by 2050.( Chevron plans to triple investments in these areas through 2028, totaling around $10 billion over eight years.(

Gustavson recently sold 6,667 shares of Chevron common stock on February 27, 2026, at $186.0394 per share, as part of insider trading activity.( He has highlighted Chevron's rapid progress in gas-powered plants for data centers, partnering with Engine No. 1 for up to four gigawatts of capacity starting in 2027, with a focus on Texas due to its natural gas availability and carbon storage potential.( His leadership emphasizes policy support, technological advancements, and leveraging Chevron's expertise in projects like the Gorgon CCUS facility in Australia.(

Written by Perplexity from public sources.