Javier La Rosa led Chevron’s operations in Venezuela. Photo: Chevron Press Team
Guacamaya, June 25, 2025. Chevron restructures its executive leadership with the appointment of Javier La Rosa as President of the BAEC (Base Assets and Emerging Countries) portfolio, a key division encompassing energy operations in critical regions and emerging markets. The company also reaffirms its commitment to social programs in Venezuela.
Energy multinational Chevron announced that Javier La Rosa will assume the role of President of the BAEC (Base Assets and Emerging Countries) unit effective July 1st. This division manages key company assets across multiple global regions. Based at Chevron’s headquarters in Houston, La Rosa will lead this strategic organization, which includes operations in the Americas, Asia, Europe, and the Middle East, as well as countries with emerging assets.
In his new position, La Rosa will be responsible for overseeing the management of heavy oil assets in Venezuela, the Kuwait-Saudi Arabia Divided Zone, and California’s San Joaquin Valley; natural gas operations in Bangladesh and Thailand; as well as joint ventures in the UK, Canada, and China. He will also be in charge of emerging assets in Egypt and Cyprus, and the administration of legacy operations in Indonesia.
This appointment is part of the organizational restructuring announced by Chevron in February 2025, aimed at simplifying processes, increasing operational agility, and strengthening long-term competitiveness. “I am honored by this appointment. I am convinced that trust is the foundation for progress and for maintaining solid alliances between people, companies, and countries, which is essential to ensuring reliable, affordable, and ever-cleaner energy,” stated La Rosa.
Prior to this new role, the executive served as President of Chevron Latin America from Buenos Aires, also leading the company’s operations in Venezuela, Brazil, and Colombia, as well as geothermal businesses in Indonesia and the Philippines.
Chevron maintains a historic presence in Venezuela that began over a century ago. It is currently one of the country’s leading privately-operated oil companies. Among its notable assets is the Boscan field, discovered in 1946. Beyond its energy activities, the company has invested more than $115 million in social programs over the past 15 years, benefiting over 580,000 people in areas such as health, education, and economic development.
In response to the humanitarian crisis in Venezuela, Chevron has also contributed $7 million to the Venezuela Aid Initiative, a set of programs aligned with the United Nations Humanitarian Response Plan and coordinated with partners such as the International Red Cross and Pledge for Venezuela.
This new chapter for La Rosa coincides with a period of transformation for Chevron and solidifies his position as one of the Latin American executives with the highest profile within the global energy sector.
