$112,500 was received as fees earned or paid in cash, Targets are based on a multiple of base salary: CEO six times; Vice Chairman, Executive Vice Presidents and Chief Financial Officer four times; all other executive officers two times. See the full leadership team at Craft. 2001 2023 Chevron Corporation. WASHINGTON, February 2, 2022 - The American Petroleum Institute (API) today announced that Chevron Chairman and CEO Mike Wirth will serve as chairman of API's Board of Directors for a two-year term. Chairman of the Board and Chief Executive Officer, Mr. Capellas left MCI as planned in early January 2006 upon its acquisition by Verizon Communications Inc. $0 was received as change in pension value and nonqualified deferred compensation earnings, All Other Compensation: Compensation that is paid in the form of perquisites, such as expense reimbursement. However, for a complete and definitive understanding of the pay practices of any company, users should refer directly to the actual, complete proxy statement. They bring a proven track record of success across a broad range of experiences at the policymaking level in business; expertise in science, technology, engineering, research or academia; extensive knowledge of governmental, regulatory, legal or public policy . The Committee may select or obtain advice from any adviser (whether retained by the Committee or management) only after considering all factors relevant to a determination of that adviser's independence from management, including the factors prescribed by applicable law or the NYSE. The Lead Director will have the authority to call meetings of the independent Directors and will be available as appropriate for consultation and direct communication with major stockholders. CEO Pay Ratio. In making its determination concerning the absence of a material relationship, the Board adheres to all of the specific tests for independence included in the New York Stock Exchange listing standards. She was both the first woman, and the first African-American, to hold this position. This number represents the median, which is the midpoint of the ranges from our proprietary Total Pay Estimate model and based on salaries collected from our users. The Board of Directors of Chevron directs the affairs of the corporation and is committed to sound principles of corporate governance. Lancaster Choice Energy: JASON CAUDLE, City Manager. How much do Chevron employees make? Jim Umpleby is Chairman of the Board of Directors and Chief Executive Officer of Caterpillar Inc. Jim joined Solar Turbines, a Caterpillar subsidiary, in 1980 as an associate engineer. Were working together to provide energy that drives human progress. 5 Controversies. Coronavirus Tips Working and Protection. . The Chairman in consultation with the Lead Director establishes the agenda for each Board meeting, taking into account input and suggestions from other Directors and management. The Board oversees management and plans for the succession of key executives. Non-employee Directors receive compensation that is competitive, links rewards to business results and stockholder returns, and facilitates increased ownership of the Corporation's stock. pdf opens in new window, proxy statement If a majority of the independent Directors conclude that it would be detrimental to the best interests of the Corporation and the holders of the majority of the shares of its common stock to defer the effectiveness of a stockholder rights plan until stockholder approval of the plan can be obtained, then the Board may implement a rights plan prior to obtaining stockholder approval. certificate of incorporation The Board of Directors of Chevron directs the affairs of the corporation and is committed to sound principles of corporate governance. Chevron and its employees have a worldwide reputation for conducting business with honesty and integrity. The entire Committee or any individual Committee member may be removed from office with or without cause by the affirmative vote of a majority of the Board of Directors. Our model gets smarter over time as more people share salaries on Glassdoor. Were working together to provide energy that drives human progress. Fatgbems Group Managing Director Gets Southern Youth Assembly Leadership Award. Non-Stock Incentive Plan Compensation: Cash compensation earned for the achievement of predefined objectives. $37,500 was received as options, Overview Overview 5.5k Reviews 897 Jobs 6.3k Salaries 972 Interviews 1.6k Benefits 58 Photos. The chart on this page features a breakdown of the total annual pay for John B. Frank at CHEVRON CORP as reported in their proxy statements. Also, proxies must disclose specific detailed information regarding the pay practices for certain executives. Chairman of the Board and 2021 MAR. Company profile for Chevron Corp. including key executives, insider trading, ownership, revenue and average growth rates. Our strong results come from empowering our people. The consolidated input is reviewed at a meeting in executive session with all independent Directors after which the chairpersons present the results of the review to the CEO. Chevron may also be known as or be related to Chevron, Chevron Corp, Chevron Corporation, Chevron Technology Ventures LLC, Pacific Coast Oil Co. [1] (1879-1906) Standard Oil of California (1906-1984) [2], chevron usa, chevron phillips chemical company, chevron refinery, chevron texaco, Unocal Corporation and Union Oil Company of California. Chevron has always put people at the center of the energy conversation. Michael Arokodare. The Committee shall also periodically evaluate the adequacy of this Charter and recommend changes to the Board Nominating and Governance Committee for approval by the Board of Directors. Leverage your professional network, and get hired. The information shown here is a reporting of information included in the company's proxy statement. Love your next job. The Board and each Board Committee have the right at any time to retain outside financial, legal or other advisors. Directors are encouraged and provided opportunities to talk directly to any member of management or any other employee regarding any questions or concerns the Director may have. We have exciting capital projects that use innovative technology designed to provide decades of energy. . degree from Harvard University and a Ph.D. in Economics from the University of Oxford. Jon Huntsman Jr., who ran against Mitt Romney in 2012 for the GOP presidential nomination, has rejoined the board of . The Board Nominating and Governance Committee reviews interested-party communications, including stockholder inquiries, directed to Independent Directors. The Chairperson shall establish such other rules as may from time to time be necessary and proper for the conduct of the business of the Committee. Chevron has a confidential voting policy to protect stockholders' voting privacy. The Business Conduct and Ethics Code is required reading for all directors and employees. 76 open jobs for Board of directors. SAN RAMON, Calif., Dec. 2, 2020 - Chevron Corporation (NYSE: CVX) announced that Marillyn A. Hewson has been elected to Chevron's board of directors, effective on January 1, 2021. The Committee may appoint a Secretary whose duties and responsibilities shall be to keep full and complete records of the proceedings of the Committee and to perform all other duties as may from time to time be assigned to him or her by the Committee, or otherwise at the direction of a Committee member. $10,492 came from other types of compensation. Directors limit their other board memberships to a number which permits them, given their individual circumstances, to responsibly perform all of their Director duties, with no Director serving on the boards of more than five publicly traded companies. The following shall be the common recurring duties and responsibilities of the Committee in carrying out its purposes. You may retrieve the full proxy statement by going to the Securities and Exchange Commission (SEC) website at www.sec.gov and entering the company's name and then looking in the first column for an entry of "Form DEF 14A" (or any similar code). Glassdoor provides our best prediction for total pay in today's job market, along with other types of pay like cash bonuses, stock bonuses, profit sharing, sales commissions, and tips. Chevron has always put people at the center of the energy conversation. Any such communication may be made on a confidential or anonymous basis, but all communications should contain sufficiently specific information to permit the Audit Committee to pursue the matter. Under this policy, ballots, proxy forms and voting instructions returned to brokerage firms, banks and other holders of record are kept confidential. Box 29000, Presidio Station San Francisco, CA 94129-9000 Fax: 415-923-2013. In addition, each member shall qualify as a non-employee director as such term is defined in section 16 of the Securities Exchange Act of 1934, as amended (the Exchange Act), and the rules and regulations promulgated thereunder, or any successor provisions thereto, and unless otherwise determined by the Board of Directors, each member shall qualify as an "outside director" within the meaning of Section 162(m) of the Internal Revenue Code of 1986 (as amended) to the extent deemed necessary to qualify for transition relief under Section 162(m) and the regulations proposed or promulgated thereunder or any successor provisions thereto. Also, on 7 th May 2018, Wirth sold 130,000 shares of Chevron 's stock and received $16.6 million. $60,979 . For its 2021 fiscal year, CHEVRON CORP, listed the following board members on its annual proxy statement to the SEC. The Committee shall review and consider the results of the Corporations most recent Say on Pay vote, and any other feedback gathered through the Corporations ongoing stockholder engagement, in making executive compensation decisions and recommendations to the Board of Directors. . Our Business Conduct and Ethics Code provides information about how we conduct our day-to-day business activities according to the principles of The Chevron Way. Chief Executive Officer. Maybe. Rice made $85,444 in total compensation. Each standing Committee operates under a written charter that sets forth the purposes and responsibilities of the Committee as well as qualifications for Committee membership. 475:1. Below is a summary of our committee structure and membership information. Corporations compensation policies and practices with stockholders interests. Mr. Diaz served as President, Chief Executive Officer and Chairman of the Board of Directors of Mitsubishi Motors North America, Inc. from April 2018 to April 2020 and as General Manager, Performance Optimization Global Marketing and Sales of Mitsubishi Motors Corporation in Tokyo, Japan from July 2017 to April 2018. The Board Nominating and Governance Committee engages in succession planning for the Board and key leadership roles on the Board and its Committees. Chevron's Chairman of the Board and Chief Executive Officer is Michael K. Wirth. The Board Nominating and Governance Committee and the Board review these Corporate Governance Guidelines and related corporate governance documents at least annually and revise as appropriate. CONTACT INFO 5B, Folusho Alade Str., Awuse Est., Opebi, Ikeja, Lagos TEL: (+234) 01 4538694 MOBILE . This report is not for commercial use. The average Chevron hourly pay ranges from approximately $17 per hour for a Cashier to $184 per hour for a Director. Nigeria. He was also part of the board of directors at Chevron Phillips Chemical alongside fellow executive representatives for company owners Chevron U.S . Documents included in this section provide ways for investors to understand the foundation of our corporate governance. The independent Directors may select the Corporations CEO to serve as Chairman. The Board's size is assessed at least annually by the Board Nominating and Governance Committee and changes are recommended to the Board when appropriate. The independent Directors review the propriety of combining or separating the offices of Chairman and CEO annually in connection with its selection of the Chairman. The proxy statement includes footnotes and explanations of this information plus other information that is pertinent in assessing the overall value and appropriateness of the compensation information. The Chevron board opposed the measure, saying that the company was supporting an approach to achieve the goals of the Paris agreement, the landmark treaty on climate change, "as efficiently and . Each subcommittee shall have such name as may be determined from time to time by resolution adopted by the Committee. The Board Nominating and Governance Committee reviews the Boards leadership structure annually and in planning for a leadership transition, and recommends changes to the Board of Directors as appropriate. Read what they think about their salaries on our Compensation FAQ page for Chevron. As a member of Board of Directors at CHEVRON CORP, Ronald D. Sugar made $425,492 in total compensation. Lead Director;Retired President and Chief Executive Officer, Vice Chairman, Oaktree Capital Group, LLC, Professor Emeritus of Chemical Engineering, Imperial College London and Retired President, Imperial College London, Retired Chairman, President and Chief Executive Officer, Lockheed Martin Corporation, Former Governor of Utah and U.S. All rights reserved. CEO Pay. . Talking about his salary, in 2018, he was paid $1.5 million per month; as a total, he reportedly received $15 million including compensation, stock awards and more as an annual payment. The Corporate Secretary and Chief Governance Officer will compile the communications, summarize lengthy or repetitive communications received and report onresponsessent. executive summary climate change resilience report, new energies: growing our lower carbon businesses, http://www.chevron.com/investors/corporate-governance, board nominating and governance committee, public policy and sustainability committee. Only the proxy solicitor, proxy tabulator and the Inspector of Election have access to the ballots, proxy forms and voting instructions. The sessions are chaired by the Lead Director if the CEO serves as Chairman; otherwise, the sessions are chaired by the Chairman. Other executives include Pierre R. Breber, Vice President and Chief Financial Officer; Rhonda J. Morris, Vice President and Chief Human Resources Officer and 30 others. Any Committee member may resign effective upon giving oral or written notice to the Chairman of the Board of Directors, the Corporate Secretary or the Board of Directors (unless the notice specifies a later time for the effectiveness of such resignation). Find Executive Assistant to Board Director jobs in Hampstead Garden Suburb on Jobsite. This information is according to proxy statements filed for the 2021 fiscal year. The Board has structured its compensation to strive to result in ownership of at least seven times the annual cash retainer amount or 15,000 shares of stock or stock units after five years of service as a Director. Know Your Worth. A chairperson of the Committee (the Chairperson) may be designated by the Board of Directors based upon recommendations by the Board Nominating and Governance Committee, if any. Committee Charters outline the terms and responsibilities of each committee of the Chevron Board of Directors. Jeff Ewing. Estimated salaries Data source tooltip for average base salary. Chevron announced that it is cutting up to 7,000 jobs, or 11 percent of its workforce. The purpose of the Board Nominating and Governance Committee (the "Committee") of the Board of Directors of Chevron Corporation (the "Corporation") is: To engage in succession planning for the Board of Directors, assist the Board of Directors in defining and assessing qualifications for Board of Director membership and identify . The Board oversees the Corporation's strategic and business planning process. The board of directors is made up of seven men and two women who have come under fire in recent months due to an alleged lack of independence. Directors should have the highest professional and personal ethics and values, consistent with The Chevron Way and the Business Conduct and Ethics Code, and a commitment to building stockholder value. The Corporate Secretary will compile the communications, summarize lengthy or repetitive communications and forward to the Lead Director or the independent Directors. 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