Technological watch
New President and CEO at Chevron Phillips Chem
Senior Vice President Steve Prusak will succeed current President and CEO Bruce Chinn in his role effective March 1, 2024. Chinn will retire after more than 40 years in the energy industry.
Steve Prusak“The past three years at the helm of CPChem have been among the most rewarding of my career,” Chinn said. “It’s been a privilege to lead this great company through a time of transition as we advance a portfolio of strategic projects to grow our global asset base, progress a circular economy for plastics and work to lower the carbon intensity of our operations. I am most proud of our engaged global workforce for continuing to operate our plants safely and reliably and serve our customers with excellence.”
Prusak, a 30-plus year veteran of the chemical industry, brings deep knowledge of CPChem’s core business and robust growth experience to the role.
In his current position, he oversees the company’s strategy function and research and technology department. He also holds responsibility for the projects organization, currently constructing two world-scale facilities on the U.S. Gulf Coast and in Qatar. Previously, he led CPChem’s business transformation efforts focused on unlocking value through innovation and continuous improvement of business processes and operations. Since joining CPChem soon after its inception in 2000, he has held various roles in commercial, business development, finance and projects.
Prusak holds a bachelor’s degree in chemical engineering from the University of Delaware and an MBA from the University of Houston.
“I’d like to congratulate Bruce on a tremendous career,” said Mitra Kashanchi, president of Chevron Chemicals and CPChem board member. “Under his leadership, CPChem has delivered on its strategic objectives to grow the business and establish targets to reduce the carbon intensity of its operations With projects like Ras Laffan Petrochemicals in Qatar and Golden Triangle Polymers in Texas underway, Steve’s extensive background in project execution and his commitment to operational excellence position him well to continue CPChem’s growth and to deliver strategic value.”
Steve Prusak“The past three years at the helm of CPChem have been among the most rewarding of my career,” Chinn said. “It’s been a privilege to lead this great company through a time of transition as we advance a portfolio of strategic projects to grow our global asset base, progress a circular economy for plastics and work to lower the carbon intensity of our operations. I am most proud of our engaged global workforce for continuing to operate our plants safely and reliably and serve our customers with excellence.”
Prusak, a 30-plus year veteran of the chemical industry, brings deep knowledge of CPChem’s core business and robust growth experience to the role.
In his current position, he oversees the company’s strategy function and research and technology department. He also holds responsibility for the projects organization, currently constructing two world-scale facilities on the U.S. Gulf Coast and in Qatar. Previously, he led CPChem’s business transformation efforts focused on unlocking value through innovation and continuous improvement of business processes and operations. Since joining CPChem soon after its inception in 2000, he has held various roles in commercial, business development, finance and projects.
Prusak holds a bachelor’s degree in chemical engineering from the University of Delaware and an MBA from the University of Houston.
“I’d like to congratulate Bruce on a tremendous career,” said Mitra Kashanchi, president of Chevron Chemicals and CPChem board member. “Under his leadership, CPChem has delivered on its strategic objectives to grow the business and establish targets to reduce the carbon intensity of its operations With projects like Ras Laffan Petrochemicals in Qatar and Golden Triangle Polymers in Texas underway, Steve’s extensive background in project execution and his commitment to operational excellence position him well to continue CPChem’s growth and to deliver strategic value.”
This project has been co-funded with the support of the LIFE financial instrument of the European Union [LIFE17 ENV/ES/000438] Life programme
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