Chevron, Gartner, and Corning announce corporate updates

Chevron Corporation has announced several senior leadership changes scheduled to take effect on January 1, 2027. Mark Nelson will transition to Vice Chairman with responsibility for Strategy and Business Development. Eimear Bonner, the current Chief Financial Officer, will become President of Oil, Products & Gas. Jeff Gustavson will move from his role as President of New Energies to become Chief Financial Officer, while Brent Gros will assume the role of President of New Energies, overseeing lower carbon businesses and the company's AI strategy.

Gartner shares rose 5.1% following price target increases from Morgan Stanley and UBS. While both firms maintained neutral ratings, Morgan Stanley raised its target to $182 and UBS increased its target to $208. The stock closed at $195.27.

Corning Incorporated has declared a quarterly dividend of $0.28 per share. Shareholders of record as of November 13 will receive payment on December 11. This results in an annualized dividend of $1.12 and a yield of 0.7%.