Who cared about the worker more?
Who did better?
Who did less damage?
Who had more vision?
Who created more value?
21 replies (most recent on top)
Watson and his companion Kirkland made up the Duo of Doom and were terrible for Chevron.
I still have the aluminum body, three D-cell battery Maglite flashlight I got from GOMBU in 1991 when Ken Derr was the Chevron CEO. Still works and I use it often. As for whoever was the CEO who gave out the Skagen watch, it stopped working and I ditched it long time ago. Based on the gifts, I choose Ken Derr as the best CEO.
Who did better with regards to layoffs or have the disgruntled "on the chopping block" bottom feeders assembled for a chat again? The CVX section of this site never ceases to amaze me with it's amount of mentally decrepit individuals.
DOR and JW nearly bankrupted the company with insane CAPEX budgets on poorly run MCPs. Proceeding with FGP given our project track record and short payout window was id--tic. MW is at least intelligent enough to not risk the company the way his predecessors did.
JW all the way
MW panders to shareholders and raising share prices
Was it Dave O’Reilly or John Watson who gave us that silly Skagen watch instead of a bonus? I can’t remember who, but I do remember the insult.
Still remember Derr answering a 'whiny' question at townhall 'why do we copy and follow other co's instead of leading'? with, well, we just gave you a bonus and watch, and we didn't copy anybody when we did that. LOL!
DOR and JW tried to instill an honorable culture in Chevron (Chevron Way). MW ditched all that, he is just interested in executive bonuses tied to the dividend and stock buybacks. Other than that, he'd lay off his mother to preserve those bonuses.
I liked Dave O’Reilly and his predecessor, Ken Derr. Those were two great Chevron CEOs and corporate leaders. As for John Watson, he was okay his first year only. This current guy, Mike Wirth, he’s not good at all. He should resign or be Article 25’ed out of here.
KJO - No hair
JW - Great hair
MW - not sure what the fück is going on up there, but he clearly puts a lot of effort into covering it up. “Bald? Who’s bald? Not me as long as we gaze directly at one another and never move our head. Never trust a vain main obsessed with living an obvious lie. The MW hair is the JP Morgan Nose of our time. “How dare you look at it! I’ll brain you with my wife’s golf club you peasant. Go find me more cow methane and ethnic hotties for these roles, post haste, winning , growth mindset, here’s A $75M BAG OF MONEU, MAKE SOMe DIGITAL MAGic happen. Lay them off. Replenish and discover no more. Factory model : ràpe those tight juicy hôle. #Winning ps Mike came on JG PLABE
Didn't work under KD. DOR was a real people person. JW loved to spend money. MW loves to not spend money.
Pretty much all downhill since KD. If it wasn’t for TCO CVX would’ve been bought by Texaco or another major. DJO rode the oil price bo-m and lucked out when the US forced UNOCAL to sell to us instead of CNOOC. JW loved spending on MCPs that under delivered and was quick to resort to layoffs with Project Alpha. MW is more of the same but at least our stock price is high due to high cash flow. No long term vision tho. What happens once Permian dries up and TCO renegotiates fiscal terms in the next PSC?
Ken Derr was real. (Ps. Heard from a bright guy to always say his name backwards). The big Oh Really didn’t do damage. Watson was a chosen one (San Francisco blue blood and spy glass golf son) who could fail at everything (think cubes, recommendation for Dynergy to buy Enron. Amaco buy opportunity…..) and still fall upwards. Hmm. A lot like a lot of of our current leaders hippos and FLs. When he became CEO his experience in failure showed (Gorgon plus Wheatstone to many deep water GOM projects Angola ALNG ……). Most worth doing that any smart upstream exec would pushed but a CEO should have culled/ prioritized these opportunities. Without the projects we did (and by the way Kirkland also stopped company selling Permian) we would be out of business already. Just wished we had staged these more more which was strategy that Watson should of set. Wirth is a great minder but setting us up for a future small oil or out of business. If a Gustavson or Brieber take over sell all your stock
JW couldn't even face analysts when we had a bad earnings report. Kind of like dotard in that he would run away when things weren't going great.
JW was a deer in the headlights from the first Townhall.
Can you imagine if he had succeeded in building the 3rd building?
MW is addicted to layoffs and really needs to get some help with that. Might need an intervention
Given the cr-p situation, MW inherited he has done a great job. Stock reached an all time high under his leadership. JW was easily the worst. He had no clue how the company operated.
MW is simply cleaning up the mess that JW & GK left behind. To some extent DO is to blame for the mess he got us in by buying Texaco. Many believe that PR, and not DO, should’ve been KD’S successor. If PR was the CEO, we wouldn’t be in this mess that JW & GK left behind for MW to clean up.
DJO cared about people and had vision and integrity. Built company post merger.
JW just held the reigns and goosed financials. Fired early.
MW is a cost-cutter and nothing more. He is trying to be strategic but lacks vision and doesn't understand upstream.
Ceo's job is not about caring of the employees but about company value, stock price and shareholders.
So in briend neither really cared, they all had to navigate through different times and at the end employees are just numbers for them and best tool to play with to add value to shareholders based on. The situation on the ground.