Chevron announced that over the next five years, it will migrate its headquarters and all corporate functions out of the Bay Area from San Ramon to Houston, Texas. Here's why some say it's not surprising.
Chevron announced that it will move its headquarters and all corporate functions from San Ramon to Houston, Texas over the next five years.Chevron, one of the Bay Area's largest companies, announced Friday morning it is moving its headquarters from San Ramon to Houston, Texas .
"It's disarming to see such a major company and a mainstay of the Bay Area and California business community and economy leave out state," Bay Area Council CEO Jim Wunderman said.Wunderman says the state should consider policies that don't drive companies to other states. A Chevron refinery spokesman says the corporate move from San Ramon to Texas will have "no impact" on their Richmond, California refinery.
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