Estimated salaries Data source tooltip for average base salary. Wirth, who was elected chairman, effective January 1, 2022, succeeds Phillips 66 Chairman and CEO Greg Garland, who will remain a member of API's Executive Committee. Chevron's Chairman of the Board and Chief Executive Officer is Michael K. Wirth. Median Employee Pay. Only the proxy solicitor, proxy tabulator and the Inspector of Election have access to the ballots, proxy forms and voting instructions. Total Named Director Compensation: The sum of all dollar values above. . You may also find the annual proxy statement by going directly to the company's website. The Committee shall review executive compensation-related stockholder proposals and recommend a Board of Directors response. The estimated total pay for a Director at Chevron is $385,179 per year. Still provides a pension, while most employers do not. An early career Member of the Board of Directors with 1-4 years of experience earns an average total compensation (includes tips, bonus, and overtime pay) of $42,500 based on 9 salaries. All proxy statements are public filings made available to the general public by the SEC. purpose. degree from Harvard University and a Ph.D. in Economics from the University of Oxford. Chevron has a confidential voting policy to protect stockholders' voting privacy. $10,492 came from other types of compensation. Learn about salaries, benefits, salary satisfaction and where you could earn the most. Of this total $112,500 was received as fees earned or paid in cash, $0 was received as non-stock incentive plan compensation, $0 was received as change in pension value and nonqualified deferred compensation earnings, $37,500 was received as . We believe in the power of humanity to solve any challenge, to overcome any obstacle, and to find responsible solutions that work for all of us. Each Director will maintain the confidentiality of all proprietary, privileged or otherwise protected information about the Corporation and other entities that the Director obtains in connection with his or her service as a Director, except where the disclosure is authorized or required by law. To conduct this review, the Board Nominating and Governance and Management Compensation Committee chairpersons gather and consolidate input from all Directors. $225,000 was awarded as stock and The Committee may, by resolution passed by a majority of the Committee, designate one or more subcommittees, each subcommittee to consist of one or more members of the Committee. Current positions in excess of these limits may be maintained unless the Board Nominating and Governance Committee determines that doing so would impair the Director's service on the Corporations Board. Previously, Mr. Capellas was President of Hewlett-Packard Company . CHEVRON CORP annual reports of executive compensation and pay are most commonly found in the Def 14a documents. Related Searches:All Director Salaries|All Chevron Salaries. Any such subcommittee to the extent provided in the resolutions of the Committee and to the extent not limited by applicable law or listing standard, shall have and may exercise the powers and authority of the Committee as the Committee may deem appropriate in its sole discretion. Board of Directors in CHEVRON CORP. For its 2021 fiscal year, CHEVRON CORP, listed the following board members on its annual proxy statement to the SEC. $225,000 was awarded as stock and Managing Director at Nigerian National Petroleum Corporation (NNPC)/ Pioneer Keynote Event Speaker. CONTACT INFO 5B, Folusho Alade Str., Awuse Est., Opebi, Ikeja, Lagos TEL: (+234) 01 4538694 MOBILE . Chevron employees rate the overall compensation and benefits package 4/5 stars. 3,998 reviews 7 salaries reported. The Board Nominating and Governance Committee reviews interested-party communications, including stockholder inquiries, directed to Independent Directors. She will serve on the Audit Committee of the Board. All Committees are comprised solely of independent Directors. The Chairman in coordination with the Lead Director sets the schedule for Board meetings and determines the timing and length of the meetings of the Board. Jon Huntsman Jr., who ran against Mitt Romney in 2012 for the GOP presidential nomination, has rejoined the board of . Documents included in this section provide ways for investors to understand the foundation of our corporate governance. Attn: Secretary, Board Audit Committee Chevron announced that it is cutting up to 7,000 jobs, or 11 percent of its workforce. Non-Stock Incentive Plan Compensation: Cash compensation earned for the achievement of predefined objectives. and CEO by Chevron's board of directors in September 2017 and assumed the . 6 See also. As of March 15, 2021, Geagea was Chevron's third-largest individual shareholder . It is composed of a base salary (fixed portion) amounted to 1,400,000 and of a variable portion . Total Cash Compensation information is comprised of yearly Base Pay and Bonuses. 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. pdf opens in new window, proxy statement As a member of Board of Directors at CHEVRON CORP , Donald B. c/o Office of the Corporate Secretary Chevron Chairman and Chief Executive Officer Mike Wirth will serve as the chairman of the API's board of directors. 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 issues; expertise in finance, financial disclosure or financial accounting; experience in global business or international affairs; environmental experience; experience leading business transformation; and service on public company boards. In addition, various elements of strategy are discussed at every regular Board meeting, as well as at meetings of the Boards Committees. The agendas for Board meetings provide opportunities for the operating heads of the major businesses of the Corporation to make presentations to the Board. As provided in Chevrons By-Laws, candidates for Directors are elected annually by a majority vote in an uncontested election and by a plurality vote in a contested election. 2001 2023 Chevron Corporation. The members of the Committee shall be appointed by the Board of Directors upon the recommendation of the Board Nominating and Governance Committee. . 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. 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. We believe in the power of humanity to solve any challenge, to overcome any obstacle, and to find responsible solutions that work for all of us. pdf opens in new window. Independent Directors meet in executive session at each regularly scheduled Board meeting. The proceedings and deliberations of the Board and its Committees are confidential. 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. 8. Four- to six-year terms for Committee Chairpersons facilitate rotation of Committee chairpersons while preserving experienced leadership. certificate of incorporation The estimated total pay for a Director at Chevron is $386,010 per year. The estimated base pay is $60,172 per year. Find Executive Assistant to Board Director jobs in Mid Glamorgan on Jobsite. 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. The Board will reconsider any stockholder proposal not supported by the Board that receives a majority of the votes cast at the Annual Meeting at which a quorum is present. CHEVRON CORP income statements for executive base pay and bonus are filed yearly with the SEC in the edgar filing system. Browse 6 Executive Assistant to Board Director vacancies live right now in Mid Glamorgan In his 40 years with the company, he has gained extensive industry and international experience through a wide variety of leadership roles. Copyright 2008-2023, Glassdoor, Inc. "Glassdoor" and logo are registered trademarks of Glassdoor, Inc. pdf opens in new window, by-laws Your input helps Glassdoor refine our pay estimates over time. This is a particular concern in rural China. $190,000 was received as fees earned or paid in cash, Allfour standing Boardcommittees are composed entirely of independent directors. The Board Nominating and Governance Committee shall consider all of the relevant facts and circumstances, including the Directors qualifications, the Directors past and expected future contributions to the Corporation, the overall composition of the Board and whether accepting the tendered resignation would cause the Corporation to fail to meet any applicable rule or regulation (including New York Stock Exchange listing requirements and federal securities laws) and recommend to the Board the action to be taken with respect to such offer of resignation. The proxy solicitor and the proxy tabulator will disclose information taken from the ballots, proxy forms and voting instructions only in the event of a proxy contest or as otherwise required by law. The proxy must be sent to every shareholder in advance of the company's annual shareholders meeting. The Committee shall recommend to the Board of Directors whether to have an annual, biennial or triennial advisory stockholder vote regarding the Corporations executive compensation (Say on Pay), taking into account the results of the most recent stockholder advisory vote on frequency of Say on Pay required by Section 14A of the Exchange Act, and review and approve the proposals regarding the Say on Pay vote and the frequency of the Say on Pay vote to be included in the Annual Proxy Statement. Jeff Ewing. He was . John B. Frank made $385,492 in total compensation. The estimated total pay for a Operator at Chevron is $74,449 per year. The estimated salary for a Board of Directors is $65,191 per year in Bethlehem, PA. Find Executive Assistant to Board Director jobs in Hampstead Garden Suburb on Jobsite. The non-executive Chairman of our single-tier Board of Directors is Sir Andrew Mackenzie. notice re: updated business conduct and ethics code. $0 was received as non-stock incentive plan compensation, 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. Find the best Executive Assistant to Director of the Board job in Wetteren with StepStone BE. Change in Pension Value and Nonqualified Deferred Compensation Earnings. Former Member, Rural Human Services Board of Directors 1987-2004 Former Member, Humboldt State University President's Advisory Board 1983-1996 Community Service Copyright 2008-2023, Glassdoor, Inc. "Glassdoor" and logo are registered trademarks of Glassdoor, Inc. (including annual salary, bonus, equity awards and other direct and indirect benefits), with review and approval by the independent Directors of the full Board of Directors; . (ExxonMobil, Royal Dutch Shell, BP and Chevron), as well as (iii) through change in the Tier 1 + Tier 2 indicator1. 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. The Board of Directors proposes a slate of nominees for election by the stockholders at the Annual Meeting each year. The Board oversees the Corporation's strategic and business planning process. The chart on this page features a breakdown of the total annual pay for Ronald D. Sugar at CHEVRON CORP as reported in their proxy statements. Jim was appointed President of Solar Turbines and Vice President of . Coronavirus Tips Working and Protection. See the full leadership team at Craft. 2001 2023 Chevron Corporation. 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 Management Compensation Committee periodically assesses the guidelines and the executive officers' ownership relative to these guidelines, and makes recommendations as appropriate. Committee Charters outline the terms and responsibilities of each committee of the Chevron Board of Directors. As part of the evaluation, the Committee also invites input on individual director performance. Today's top 18,000+ Board Of Directors jobs in United States. Fatgbems Group Managing Director Gets Southern Youth Assembly Leadership Award. Anyone who processes or inspects ballots, proxy forms or voting instructions signs a pledge to treat them as confidential. Chevron's Board committeemembership is shown below. Chevron has always put people at the center of the energy conversation. 3.8. 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. All rights reserved. The Business Conduct and Ethics Code is required reading for all directors and employees. The information shown here is a reporting of information included in the company's proxy statement. All Other Compensation: Compensation that is paid in the form of perquisites, such as expense reimbursement. This information is according to proxy statements filed for the 2021 fiscal year. For those interested in conducting a detailed compensation analysis, we recommend that you review the entire proxy statement. Option Awards: Compensation paid in the form of company equity that is structured as stock options. The following shall be the common recurring duties and responsibilities of the Committee in carrying out its purposes. The Board of Directors of Chevron directs the affairs of the corporation and is committed to sound principles of corporate governance. The Board will obtain stockholder approval of any stockholder rights plan. 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. MANAGING DIRECTOR, SHELL NIGERIA EXPLORATION AND PRODUCTION COMPANY LIMITED. Browse 197 Executive Assistant to Board Director vacancies live right now in Hampstead Garden Suburb The "Most Likely Range" represents values that exist within the 25th and 75th percentile of all pay data available for this role. First published on Wed 26 May 2021 10.05 EDT. Los Angeles County Department of Public Works: MARK PESTRELLA, Director. We have exciting capital projects that use innovative technology designed to provide decades of energy.
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