Chevron Corp. named Alana K. Knowles as vice president and controller, succeeding David A. Inchausti, who is expected to retire from the company after 35 years of service.

Currently vice president of finance, downstream and chemicals and midstream, Knowles began her career with Chevron in 1988, supporting North America upstream in an accounting and finance capacity. She advanced to positions of increasing responsibility including manager of the money markets group in corporate treasury, finance manager at the Richmond refinery, manager of investor relations, vice-president of finance at Chevron Gas and Midstream, comptroller for global downstream and chemicals and assistant treasurer of OpCo financing.

“Alana’s breadth of experience, strong leadership skills, and track record of delivering results have prepared her well for this important senior management position,” Chevron Chairman and CEO Michael Wirth commented in an Aug. 1 release.

In her new role, effective March 1, 2023, Knowles will lead Chevron’s accounting policy and external reporting, financial reporting and analysis, internal controls and digital finance organizations. She will report to Pierre Breber, Chevron’s vice president and CFO.

Inchausti will resign from the vice president and controller position effective Feb. 28, 2023. He is expected to retire from the company in April 2023, according to the release.

Inchausti joined Chevron in 1988 and has held a number of operational and corporate finance positions around the world. Prior to his current role, he served as deputy comptroller, and previously as comptroller for Chevron’s Upstream organization. Before that, he held a variety of finance positions of increasing responsibility in upstream operations in Kazakhstan, Thailand, Venezuela, Angola and Indonesia over a 20-year period.

Commenting on Inchausti, Wirth said: “Dave led our controllers team through a pandemic, multiple acquisitions, complex systems upgrades, and transformation of the Controllers organization. We will miss his empathetic leadership, commitment to diversity and inclusion, and deep understanding of our business.”