Hess Midstream appoints Jonathan Stein CEO, Michael Chadwick CFO

Hess Midstream LP (HESM) announced that following the completion of the merger between Hess and Chevron (CVX), Hess Midstream’s general partner has appointed new members to its board of directors and has appointed new executive officers. As a result of the merger, Chevron beneficially owns Hess’ approximately 37.8% interest in Hess Midstream on a consolidated basis. Effective immediately, John Hess, chairman and CEO, Gregory Hill, president and COO of Hess Corporation, and John Rielly, executive VP and CFO of Hess Corporation will leave the HESM board. Andy Walz, president, Chevron Downstream, Midstream & Chemicals, will join the board and serve as chairman. Joining Walz on the board from Chevron are Kristen Ghattas and Kristi McCarthy. Gerbert Schoonman will remain on the board. Jonathan Stein, currently CFO of Hess Midstream, has been named CEO, succeeding John Hess. Michael Chadwick was appointed CFO, succeeding Stein. Chadwick has held increasingly senior financial roles since he joined Hess in 2000, most recently serving as VP and controller since 2022.