John Watson recently took over as CEO of Chevron following the departure of his “...
John Watson recently took over as CEO of Chevron following the departure of his “good friend,” David O’Reilly. Watson previously held various positions within the company and some of its branches after obtaining a master’s degree in business administration at the University of Chicago in 1980. Watson is a director and member of the American Petroleum Institute’s Executive Committee, as well as a member of several industry executive groups, including the National Petroleum Council, the Business Council, and the American Society of Corporate Executives.
“Now, we must restore the country’s confidence in deepwater drilling”
-Statement Before the United States House of Representatives Committee on Energy and Commerce, Subcommittee on Energy and Environment, June 15, 2010
“Over time, we will replace some fossil fuels with cleaner, more diverse and more secure forms of energy.”
“By rough estimates, America has vast amounts of oil and natural gas in the Outer Continental Shelf – and an estimated 30 billion barrels of it are currently unavailable for development. We know that our methods of extracting it are the safest, most environmentally sound methods in existence.”
"[W]e need to accept that an economy free of all fossil fuels may just be beyond our reach."
-Speech to U.S Chamber of Commerce, October 27, 2009
“One of the examples of the values that Chevron considers very important is protecting people in the environment. We expect our employees to operate with the highest respect for safety and protecting the environment where we operate.”
-World Economic Forum Interview, August 23, 2010
Chevron CEO John Watson boasts investments totaling "$197 million in our communities [where Chevron conducts business].” This figure amounts to less than 1% of Chevron’s profit in the first three quarters of 2011.
Watson steered the 2001 merger between Chevron and Texaco, a merger that is now infamous for the extensive pollution in Ecuador that has led to an ongoing $27.3 billion lawsuit. Texaco was responsible for the deliberate dumping and abandonment of approximately 18.5 billion gallons of toxic waste byproducts into a large stretch of the Ecuadorian Amazon from 1964 to 1990. 17 million gallons of crude oil were also spilled into the same region. Chevron has been repeatedly accused of avoiding liability and denies the presence of any hazardous chemicals left over from Texaco’s mess, although 1,400 cancer deaths in the area have been attributed to their contamination.
Source: The True Cost of Chevron: an Alternative Annual Report
Watson states, “One of the examples of the values that Chevron considers very important is protecting people in the environment. We expect our employees to operate with the highest respect for safety and protecting the environment where we operate.” Beyond Ecuador, Watson’s company is accused of numerous other environmental and human rights crimes in Nigeria, Iraq, Burma, Alberta, Canada, and other areas.