internal
John B. Hess
Chief Executive Officer
Executive
18 yr
13 reports
Hess Corporation ·HES
Five executives have reported to John Hess for over a decade
Energy · Fortune #327 · Functional structure · 2K employees · New York, New York
View as of:
4
CEO span
↓ tighter than peers (avg 8)
2.3
Avg span
tight
3
Max depth
3 levels
12.2 yr
Avg tenure
stable vs FY2023
20%
Internal hires
↓ below industry avg
Consolidated financials FY2024 · period end 2022-12-31 · 10-K
Revenue
$11.9B
Net income
$2.8B
Total assets
$26.6B
Shares out
308M
Sourced from Hess Corporation DEF 14A · filed 2025-04-04 ↗ View on SEC
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Five executives have reported to CEO John Hess for over a decade, highlighting Hess’s unusually stable leadership team. This page details the company’s functional structure, executive tenure, compensation, historical leadership changes, and peer comparisons within the U.S. exploration and production sector.
What to model
Use the chart to test org decisions, not just view reporting lines
Start with the public baseline, then use the scenario views and source-backed changes to ask what happens when leadership, span, or team ownership shifts.
Latest signal Hess Corporation changed role as Change in control
Change of control following merger with Chevron completed on July 18, 2025.
Source · See change logScenario views in the chart
- Add Chief Digital & AI Officer Introduce a new executive role to accelerate digital transformation and data-driven exploration.
- Eliminate COO Role Collapse operational leadership directly under the CEO to further centralize decision-making.
Atlas work this supports
- Connect Workday or UKG Get these analytics for YOUR org — tenure, span of control, headcount, automatically from your HRIS.
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- Plan a Reorg Use this as a starting point. Model scenarios, compare structures, present options to your board.
The people
Who's running this
5 executives identified as Named Executive Officers in the most recent SEC proxy. Bar length scales with tenure.
Gregory P. Hill
Chief Operating Officer
Operations
14 yr
3 reports
John P. Rielly
Executive Vice President and Chief Financial Officer
Finance
10 yr
2 reports
Timothy B. Goodell
Executive Vice President and General Counsel
Legal
12 yr
2 reports
Barbara Lowery-Yilmaz
Senior Vice President and Chief Exploration Officer
Exploration
7 yr
2 reports
The pay
Executive compensation
From the most recent DEF 14A Summary Compensation Table. 1 named executive officers disclosed. Bar length scales with total compensation.
John B. Hess $18.0M
- Base salary
- $1.57M
- Stock awards
- $12.08M
- Option awards
- $4.36M
- Other
- $28K
- Fiscal year
- FY2024
- Source
- SEC DEF 14A ↗
The businesses
How Hess Corporation divides the work
4 divisions report into the group CEO. Tile size scales with estimated headcount.
Operations
900 employees
Chief Operating Officer (Gregory P. Hill)
Oversees global oil and gas production, including Guyana and U.S. assets.
Exploration
300 employees
SVP & Chief Exploration Officer (Barbara Lowery-Yilmaz)
Responsible for global exploration strategy and reserve development.
Finance
200 employees
EVP & CFO (John P. Rielly)
Manages capital allocation, treasury, accounting, and investor relations.
Legal & Compliance
100 employees
EVP & General Counsel (Timothy B. Goodell)
Oversees legal affairs, governance, compliance, and regulatory matters.
The thesis
Why this org is unusual
Five senior executives have reported directly to CEO John Hess for more than a decade, an unusually stable leadership structure for a mid-cap energy producer.
The CEO span of control is narrow, with only four direct reports, reinforcing centralized strategic decision-making. Most operational complexity is pushed one level down, particularly within operations and exploration, rather than expanding the C-suite.
- Exceptionally long CEO tenure
- No COO-equivalent layer between CEO and operations
The comparison
How Hess Corporation stacks up
Compared with peers such as ConocoPhillips and EOG Resources, Hess maintains a smaller C-suite and longer average executive tenure. Many peers have added roles such as Chief Sustainability or Chief Digital Officers, while Hess has kept a traditional oil and gas leadership model. This conservatism reflects both its …
C-suite size
Reporting depth
Hess Corporation
3 levels
5 levels
4 levels
5 levels
5 levels
Avg C-suite tenure
Has COO / Has CAIO
Hess Corporation ✓ COO — no CAIO
Current signals
What changed recently
The most consequential change is the July 2025 merger with Chevron, resulting in a change of control.
Leadership Timeline
Year-over-year executive structure based on SEC proxy and annual filings.
FY2024
DEF 14A filed 2025-04-04
- CEO
- John B. Hess
- CEO span
- 4
- C-suite
- 5
- Avg tenure
- 12 yr
Leadership team unchanged and highly tenured.
Named executive officers (5)
- John B. Hess - CEO since 2006
- Gregory P. Hill - COO since 2011
- John P. Rielly - CFO since 2015
- Timothy B. Goodell - General Counsel since 2013
- Barbara Lowery-Yilmaz - Chief Exploration Officer since 2018
FY2023
DEF 14A filed 2024-04-05
- CEO
- John B. Hess
- CEO span
- 4
- C-suite
- 5
- Avg tenure
- 11.5 yr
Stable executive composition.
FY2022
DEF 14A filed 2023-04-06
- CEO
- John B. Hess
- CEO span
- 4
- C-suite
- 5
- Avg tenure
- 11 yr
No major executive turnover.
Year-over-year changes
Leadership remained unchanged with incremental tenure increases.
- Avg tenure: 11.5 → 12 yr
Frequently Asked Questions
Who is the CEO of Hess Corporation?
John B. Hess has served as CEO since 2006.
What type of organizational structure does Hess Corporation use?
Hess operates a functional organizational structure with centralized executive control.
How many direct reports does Hess Corporation's CEO have?
The CEO has four direct executive reports.
How has Hess Corporation's leadership changed recently?
The most significant change was the completion of its merger with Chevron in July 2025.
Is Hess known for internal promotions?
Hess relies more on long-tenured executives than frequent internal promotions at the C-suite level.
Sources
- Form 8-K, Jul 18 2025
- Company Proxy Statements
- SEC EDGAR: Hess Corporation DEF 14A Proxy Statement
- SEC EDGAR: Hess Corporation 10-K Annual Report
Reference
Cite this page
If you reference this page in research, analysis, or news writing, use one of the formats below. Citation includes the SEC filing source where applicable.
APA 7th
Creately. (2025). Hess Corporation organizational structure. Creately. Retrieved , from https://creately.com/org-chart/fortune-500/hess/MLA 9th
"Hess Corporation Organizational Structure." Creately, April 1, 2025, https://creately.com/org-chart/fortune-500/hess/. Accessed .Chicago 17
Creately. "Hess Corporation Organizational Structure." Last modified April 1, 2025. https://creately.com/org-chart/fortune-500/hess/.Original SEC source View on SEC ↗
Hess Corporation. DEF 14A. Filed 2025-04-04. U.S. Securities and Exchange Commission. https://www.sec.gov/Archives/edgar/data/4447/000119312525073397/d763357ddef14a.htmPermanent URL: https://creately.com/org-chart/fortune-500/hess/ · last updated 2025-04-01