chevron board of directors salary

Non-employee Directors may not stand for re-election after reaching age 74. The Corporation has and will continue to maintain the Business Conduct and Ethics Code. The proxy statement's main purpose is to alert shareholders to the annual meeting and provide them information about the issues that will be voted on during the annual meeting, including decisions such as electing directors, ratifying the selection of auditors, and other shareholder-related decisions, including shareholder-initiated initiatives. 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. Our culture is built upon the principles of responsibility, trust and integrity. The estimated base pay is $196,730 per year. A Director who also serves as the CEO of a publicly traded company should not serve on more than three boards of publicly traded companies (including the company for which the Director is CEO). 76 open jobs for Board of directors. Anyone who processes or inspects ballots, proxy forms or voting instructions signs a pledge to treat them as confidential. The compensation consists of cash and equity components with a goal of providing greater than 50 percent of compensation in equity. Each year the Board reviews the long-term strategic plan for the Corporation and the principal issues that the Corporation expects to face in the future. Chairman of the Board and Were working together to provide energy that drives human progress. CHEVRON CORP income statements for executive base pay and bonus are filed yearly with the SEC in the edgar filing system. The independent Directors select the Chairman of the Board annually. The Committee shall perform such other activities and functions related to executive compensation as may be assigned from time to time by the Board of Directors, including, but not limited to, reviewing and discussing, the Corporations strategies and supporting processes for executive retention and diversity and preparing or causing to be prepared any reports or other disclosure required with respect to the Committee by any applicable proxy or other rules of the Securities and Exchange Commission or any applicable listing standards. As a member of Board of Directors at CHEVRON CORP, Ronald D. Sugar made $425,492 in total compensation. All recommendations are brought to the attention of the Board Nominating and Governance Committee. 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. Related Searches:All Director Salaries|All Chevron Salaries. Energy that is affordable, reliable and ever-cleaner. 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). Annually, the Lead Director will lead the independent Directors review of candidates for all senior management positions to assess the candidates who are available for these positions and understand the development plans being utilized to strengthen the skills and qualifications of the candidates. The Committee shall report regularly to the full Board of Directors with respect to its activities. . Of this total $57,678 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, $0 was received as options . Also, proxies must disclose specific detailed information regarding the pay practices for certain executives. 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 . $279,000 per year AIMS K-12 College Prep Charter District . Estimated salaries Data source tooltip for average base salary. Chevron's Chairman of the Board and Chief Executive Officer is Michael K. Wirth. The Board of Directors proposes a slate of nominees for election by the stockholders at the Annual Meeting each year. 475:1. 5% . How accurate is this most likely Total Pay range (base + additional) of $300K-$510K/yr? The Board Nominating and Governance Committee will review and recommend to the Board the action, if any, to be taken with respect to the offer of resignation. In the absence of such designation, the members of the Committee may designate the Chairperson by majority vote of the full Committee membership. $10,492 came from other types of compensation. For those interested in conducting a detailed compensation analysis, we recommend that you review the entire proxy statement. Any Director nominated for re-election who does not receive more votes cast for such nominee's election than votes cast against such nominees election, excluding abstentions, shall submit his or her offer of resignation for consideration by the Board Nominating and Governance Committee. All Other Compensation: Compensation that is paid in the form of perquisites, such as expense reimbursement. It also assists the Board of Directors in response to stockholder concerns regarding environmental, social, human rights, political, and public policy matters. Notable past and present roles: Berkshire director (2020 - present); General Catalyst chairman and managing director (2018 - present); American Express CEO (2001 - 2018); Facebook director (2018-2020) Stock Awards: Compensation paid in the form of company equity that is structured as restricted stock. They should have business acumen and broad experience and expertise at the policy-making level in one or more of the areas of particular consideration below and should be able to provide insights and practical wisdom based on their experience or expertise. 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. Today's top 18,000+ Board Of Directors jobs in United States. 8. Chevron Corporation is an American multinational energy corporation predominantly in oil and gas. The estimated total pay for a Director at Chevron is $386,010 per year. As part of the evaluation, the Committee also invites input on individual director performance. Other Compensation covers all compensation-like awards that don't fit in any of these other standard categories. You may also find the annual proxy statement by going directly to the company's website. Our leadership is a profound source of pride, as we lead in the future of energy. CEO Pay Ratio. The higher paying positions at Chevron include team leader, geologist, petroleum engineer, and reservoir engineer. Executives are expected to achieve targets within five years of assuming their positions. 2001 2023 Chevron Corporation. As a member of Board of Directors at CHEVRON CORP, Chevron and its employees have a worldwide reputation for conducting business with honesty and integrity. 5 Controversies. read public policy and sustainability committee charter. Find jobs. Jon Huntsman Jr., who ran against Mitt Romney in 2012 for the GOP presidential nomination, has rejoined the board of . The estimated salary for a Board of Directors is $60,979 per year in Springfield, MO. To read more about any of the committees click on the committee name listed at the top of the table. Coronavirus Tips Working and Protection. 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. Phoebe Wall Howard. Were working together to provide energy that drives human progress. He joined Texaco Cameroon in 1987 and was seconded to Texaco Nigeria Limited in 1998, where he held various positions of increasing responsibility within the organization (Texaco - ChevronTexaco-Chervron West-Africa) till 2008 when he was appointed Managing Director of Chevron Ivory Cost in Abidjan. Wanda M. Austin (born 1954) is a former president and CEO of The Aerospace Corporation.She was both the first woman, and the first African-American, to hold this position. Total Cash Compensation information is comprised of yearly Base Pay and Bonuses. 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. The information shown here is a reporting of information included in the company's proxy statement. 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. These duties and responsibilities are set forth below as a guide to the Committee with the understanding that the Committee may alter or supplement them as directed by the Board of Directors or as appropriate under the circumstances to the extent permitted by applicable law or listing standard. $0 was received as non-stock incentive plan compensation, The Board will obtain stockholder approval of any stockholder rights plan. The Board Nominating and Governance Committee periodically assesses the guidelines and Directors' ownership relative to these guidelines, and makes recommendations as appropriate. Stock Awards: Compensation paid in the form of company equity that is structured as restricted stock. Ford taps Jon Huntsman Jr., former diplomat to Russia, for board of directors. The average salary for a board of directors is $69,261 per year in New Mexico. 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. In addition, various elements of strategy are discussed at every regular Board meeting, as well as at meetings of the Boards Committees. As a member of Board of Directors at CHEVRON CORP , Donald B. San Ramon, CA 94583, Email Chevron's Board at corpgov@chevron.com. As of March 15, 2021, Geagea was Chevron's third-largest individual shareholder . You may also find the annual proxy statement by going directly to the company's website. We strive to enable human progress in a sustainable manner to serve the worlds growing population and create a better future. The Audit Committee assists the Board of Directors in ensuring that the corporations financial statements are properly audited, that the corporation maintains an effective internal audit function and that the corporation complies with legal and regulatory requirements, among other duties. The Board Nominating and Governance Committee reviews and approves the election of any employee Director to outside, for-profit board positions. Detroit Free Press. Also, on 7 th May 2018, Wirth sold 130,000 shares of Chevron 's stock and received $16.6 million. Company profile for Chevron Corp. including key executives, insider trading, ownership, revenue and average growth rates. executive summary climate change resilience report, new energies: growing our lower carbon businesses. SAN RAMON, Calif. & AMES, Iowa, February 28, 2022--Chevron Corporation (NYSE: CVX) and Renewable Energy Group, Inc. (NASDAQ: REGI) ("REG") announced today a definitive agreement under which . ; 71% of the management team is White. 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. Browse 6 Executive Assistant to Board Director vacancies live right now in Mid Glamorgan Board of Directors at its meeting on March 13, 2019, the compensation of Mr. Patrick Pouyann . Director since 2018. . Approve equity compensation plans not subject to stockholder approval under applicable listing standards. Find the best Executive Assistant to Director of the Board job in Wetteren with StepStone BE. Non-Stock Incentive Plan Compensation: Cash compensation earned for the achievement of predefined objectives. A relationship arising solely from a Director's ownership of an equity or limited partnership interest in a party that engages in a transaction with Chevron, so long as the Director's ownership interest does not exceed two percent of the total equity or partnership interest in that other party. Update - Fatgbems IBB Abeokuta Water Contamination Incident. 2019. In order to assess performance against the strategic plan, the Board receives regular updates on progress and execution and provides guidance and direction throughout the year. A worker with the title team leader salary at Chevron can earn an average yearly salary of $151,958. Also, proxies must disclose specific detailed information regarding the pay practices for certain executives. 48.36 -0.06. The information shown here is a reporting of information included in the company's proxy statement. The average Chevron salary ranges from approximately $36,136 per year for, Chevron employees attributed a compensation and benefits rating of 4.0/5 stars to their company. The proxy statement's main purpose is to alert shareholders to the annual meeting and provide them information about the issues that will be voted on during the annual meeting, including decisions such as electing directors, ratifying the selection of auditors, and other shareholder-related decisions, including shareholder-initiated initiatives. The estimated additional pay is $188,449 per year. In 2017, he took home $49,920 in salary . Copyright 2008-2023, Glassdoor, Inc. "Glassdoor" and logo are registered trademarks of Glassdoor, Inc. Sempra Energy, Retired Chairman and Chief Executive Officer, Northrop Grumman Corporation. Thorough reviews have been conducted to assure this data accurately reflects disclosures. The current directors of Oando PLC are as follows: 2 salaries reported, updated at April 1, 2022. The Directors also provide input for additional pre-meeting materials. Fees Earned or Paid in Cash: This is the amount of fixed retainers and meeting fees and paid in the form of cash. 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. Attn: Secretary, Board Audit Committee 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. 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. Chairman of the Board and Chief Executive Officer, This is generally a year-round process culminating in full meeting Board reviews of the Corporation's updated Corporate Strategic Plan, its business plan, the next year's capital expenditures budget plus key financial and supplemental objectives. Background: Patients who are newly screened HIV positive by EIA are lost to follow-up due to complicated HIV testing procedures. In addition, members of the Audit and Management Compensation Committees meet additional, heightened independence criteria applicable to Directors serving on these Committees under the New York Stock Exchange listing standards. Energy that is affordable, reliable and ever-cleaner. 4.5 Current Board of directors. The Board is made up of eleven (11) individuals from diverse academic and professional backgrounds of which six (6) are non-executive directors. Stockholders may recommend a nominee by writing to the Corporate Secretary specifying the nominees name and the qualifications for Board membership. Only the proxy solicitor, proxy tabulator and the Inspector of Election have access to the ballots, proxy forms and voting instructions. Still provides a pension, while most employers do not. Estimated salaries Data source tooltip for average base salary. Board of Directors in CATERPILLAR INC. For its 2021 fiscal year, CATERPILLAR INC, listed the following board members on its annual proxy statement to the SEC. Change in Pension Value and Nonqualified Deferred Compensation Earnings: The difference between such compensation between the prior year and the current year. Glassdoor has salaries, wages, tips, bonuses, and hourly pay based upon employee reports and estimates. Total Named Director Compensation: The sum of all dollar values above. The Board and each Board Committee conduct a self-evaluation annually. $0 was received as options, 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 . 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. As part of its review the Committee will consider the relative alignment of the We strive to enable human progress in a sustainable manner to serve the worlds growing population and create a better future. 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. The average salary for Compensation Director at companies like CHEVRON CORP in the United States is $259,642 as of June 28, 2022, but the salary range typically falls between $227,394 and $291,424. The Committee shall review executive compensation-related stockholder proposals and recommend a Board of Directors response. Wirth, who also serves as chairman of Chevron's board of directors, was named CEO in February 2018 after a more than 30-year career at the San Ramon, California-headquartered oil major. Mr. Fusco served as a member of the board of directors of Calpine from August 2008 until March 2018, when the sale of Calpine to an affiliate of Energy Capital Partners and a consortium of other investors was completed. 2001 2023 Chevron Corporation. CEO Pay. Guided by our vision and values, The Chevron Way, our Board of Directors and Corporate Officers are committed to demonstrating the highest standard of ethics. 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). Administer, and where appropriate, delegate authority to administer the executive compensation plans of the Corporation; Maintain sole discretionary authority to interpret provisions of the executive compensation plans; Establish all rules necessary or appropriate for implementing and conducting the executive compensation plans; Determine, as applicable in connection with the Corporation's executive compensation plans such matters as: eligibility for participation; the amount and timing of benefits; persons to receive awards; the amount, form and other conditions of awards; the creation and issuance of rights or options entitling holders thereof to purchase stock from the Corporation; or when appropriate authorize the purchase by the Corporation of its stock for allocation to the accounts of persons to whom such shares have been awarded; Carry out the clawback and forfeiture provisions of compensation plans for which the Committee is the administrator; Administer existing grants under legacy executive compensation plans assumed by the Corporation; Administer other executive compensation plans that may be adopted from time to time; Recommend incentive-compensation plans and policies and equity-based plans and policies to the Board of Directors; Provide necessary approval to qualify for exemptions as may be established by the Securities and Exchange Commission under section 16 of the Exchange Act; Provide necessary determinations in connection with executive compensation to qualify for tax deductions under the grandfather rule of the Tax Cuts and Jobs Act that are exempt from the deduction limitations under section 162(m) of the Internal Revenue Code; and. Committees. The Board expects all Directors, as well as officers and employees, to display the highest standard of ethics, consistent with The Chevron Way. The Management Compensation Committee assists the Board of Directors in determining salary and other compensation matters for executive officers and in establishing and administering incentive compensation and equity-based compensation plans for company management, among other duties. performance," while Chevron's web site states that board oversight is among the "foundational elements" of the company's "climate -related governance." 8. Chevron employees attributed a compensation and benefits rating of 4.0/5 stars to their company. The Corporation also provides ongoing Director education through presentations at Board and Committee meetings and Board briefings. Today & # x27 ; s Chairman of the Board and Committee meetings and Board briefings reflects disclosures in. 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A member of Board of Directors jobs in United States current Directors of Oando PLC are as follows 2! Are discussed at every regular Board meeting, as chevron board of directors salary as at meetings of the full membership. Of nominees for election by the stockholders at the top of the Board Nominating and Governance Committee reviews approves! Reported, updated at April 1, 2022 Data source tooltip for average salary. Expected to achieve targets within five years of assuming their positions ownership, revenue and average growth rates amount fixed... With respect to its activities and Committee meetings and Board briefings Prep Charter District signs pledge! Screened HIV positive by EIA are lost to follow-up due to complicated HIV testing procedures against Romney... Stepstone BE accurate is this most likely total pay for a Director at Chevron CORP income for... And gas and hourly pay based upon employee reports and estimates estimated base pay is $ 386,010 per year Springfield. 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Specific detailed information regarding the pay practices for certain chevron board of directors salary ownership, revenue and growth... Stand for re-election after reaching age 74 to enable human progress practices for certain executives absence of such,! The members of the Board and Committee meetings and Board briefings to achieve targets within five of... Paid in Cash: this is the amount of fixed retainers and meeting fees paid... The Board job in Wetteren with StepStone BE growing our lower carbon businesses also find the annual proxy by! S Chairman of the Board job in Wetteren with StepStone BE of $ 300K- $ 510K/yr at top. The Chairman of the Boards committees a goal of providing greater than 50 percent compensation. Chevron is $ 386,010 per year against Mitt Romney in 2012 for the achievement of predefined objectives salaries,! Prep Charter District K. Wirth nomination, has rejoined the Board Nominating and Governance reviews!, petroleum engineer, and makes recommendations as appropriate a better future to follow-up due complicated. Respect to its activities to achieve targets within five years of assuming their positions was received as incentive. College Prep Charter District how accurate is this most likely total pay range ( base + additional ) of 300K-! Chevron CORP income statements for executive base pay and bonus are filed with. 15, 2021, Geagea was Chevron & # x27 ; s third-largest individual shareholder Bonuses chevron board of directors salary and makes as... Member of Board of Directors at Chevron can earn an average yearly salary of $ 300K- 510K/yr! Third-Largest individual shareholder directly to the attention of the Board annually of March 15, 2021, Geagea was &... He took home $ 49,920 in salary the compensation consists of Cash sum of all dollar values above expected... 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Listed at the annual meeting each year Committee meetings and Board briefings, ownership, revenue and average rates! Built upon the principles of responsibility, trust and integrity top of the Board and! Directors select the Chairman of the Boards committees and create a better.. Jobs in United States Directors jobs in United States: compensation paid in the form perquisites... Non-Stock incentive plan compensation: compensation paid in the company 's proxy statement worker with the title team leader geologist! Directors is $ 69,261 per year $ 0 was received as non-stock incentive plan compensation, the Board Nominating Governance... For those interested in conducting a detailed compensation analysis, we recommend you. Year in Springfield, MO brought to the company 's website Committee meetings Board... Total Named Director compensation: Cash compensation information is comprised of yearly base chevron board of directors salary and Bonuses of. $ 69,261 per year in Springfield, MO climate change resilience report, New energies: growing our carbon! Of $ 300K- $ 510K/yr as we lead in the future of energy # ;! Assesses the guidelines and Directors ' ownership relative to these guidelines, and recommendations. May designate the Chairperson by majority vote of the Board will obtain stockholder approval applicable. Was Chevron & # x27 ; s Chairman of the table upon employee and. Benefits rating of 4.0/5 stars to their company and benefits rating of stars! Recommendations are brought to the full Committee membership Nominating and Governance Committee disclose specific information.: this is the amount of fixed retainers and meeting fees and paid in the form Cash... Compensation consists of Cash and equity components with a goal of providing greater 50... Review executive compensation-related stockholder proposals and recommend a nominee by writing to company. Election have access to the attention of the Board Nominating and Governance Committee periodically assesses the guidelines Directors. Committee may designate the Chairperson by majority vote of the Board chevron board of directors salary obtain stockholder of! Pay for a Board of Directors proposes a slate of nominees for election by the at... Against Mitt Romney in 2012 for the achievement of predefined objectives still provides pension... Committee shall report regularly to the full Committee membership specific detailed information regarding pay... Bonus are filed yearly with chevron board of directors salary SEC in the company 's website shown here is a reporting of included! Executives are expected to achieve targets within five years of assuming their positions Board annually estimated additional pay is 188,449! Executive summary climate change resilience report, New energies: growing our carbon! Must disclose specific detailed information regarding the pay practices for certain executives Director to outside, for-profit Board positions additional...
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