John Hess had initially expected to join Chevron’s board following the merger, which would have positioned him as one of its largest shareholders. Instead, Hess will take on the role of advisor ...

The United States Federal Trade Commission (FTC) has finalized an agreement that bars Hess Corp.’s chief executive from holding a board position at Chevron Corp., to settle antitrust concerns su ...

(Bloomberg) -- Chevron Corp. agreed that Hess Corp. Chief Executive Officer John Hess won’t join the company’s board as part of an agreement with the US Federal Trade Commission allowing the ...