Chevron Appoints New Eurasia Managing Director

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Chevron’s Eurasia Business Unit (EBU) is pleased to announce that Derek Magness has been appointed as EBU Managing Director (MD), based in Kazakhstan. The role is effective January 1, 2022. Magness will succeed John Baltz who has served as EBU MD since 2018.

Magness received his bachelor’s degree in Electrical Engineering from Louisiana State University in the US and joined Chevron in 1997 as facilities engineer. He has since held several senior roles and leadership positions for Chevron in South Africa, Angola, Poland, Bangladesh, the U.K and the US. Magness was also based in Kazakhstan as the deputy EBU MD between 2009 to 2012.

“I am honored to be returning to Kazakhstan in my new position and I am very excited to be part of Chevron’s activities in Eurasia,” said Magness.
“I look forward to continuing to work with our respective partners across this important region as we continue to build on our mutual successes.”
Meanwhile, Baltz has elected to formally retire from Chevron in April 2022, following more than 41 years of distinguished service with the company.

“Working in Kazakhstan has been one of the highlights of my international career. Myself and my family have made many good friends and special memories in this wonderful country.”

Chevron is one of the world’s leading integrated energy companies. We believe affordable, reliable and ever-cleaner energy is essential to achieving a more prosperous and sustainable world. Chevron produces crude oil and natural gas; manufactures transportation fuels, lubricants, petrochemicals and additives; and develops technologies that enhance our business and the industry. To advance a lower-carbon future, we are focused on cost efficiently lowering our carbon intensity, increasing renewables and offsets in support of our business, and investing in low-carbon technologies that enable commercial solutions. Chevron holds stakes in the country’s two largest Kazakhstan producing oil fields: Tengiz and Karachaganak. Chevron is also the largest private shareholder in the Caspian Pipeline Consortium and successfully operates the Atyrau Manufacturing Facility.

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