In addition to regularly scheduled meetings, unscheduled Board meetings may be called, upon proper notice, at any time to address specific needs of the Corporation. The Board Nominating and Governance Committee reviews and approves the election of any employee Director to outside, for-profit board positions. To learn more about our board members, visit the Board of Directors area of our web site. Box 29000, Presidio Station San Francisco, CA 94129-9000 Fax: 415-923-2013. The Directors also provide input for additional pre-meeting materials. The estimated total pay for a Director at Chevron is $385,179 per year. All Other Compensation: Compensation that is paid in the form of perquisites, such as expense reimbursement. The sessions are chaired by the Lead Director if the CEO serves as Chairman; otherwise, the sessions are chaired by the Chairman. The highest-paying job at Chevron is a Vice President with a salary of $480,647 per year. Strategy, Policy & Development, executive summary climate change resilience report, new energies: growing our lower carbon businesses. For those interested in conducting a detailed compensation analysis, we recommend that you review the entire proxy statement. Chevron announced that it is cutting up to 7,000 jobs, or 11 percent of its workforce. Background: Patients who are newly screened HIV positive by EIA are lost to follow-up due to complicated HIV testing procedures. Get the right Board of directors job with company ratings & salaries. Great health benefit plan, but certain medical consultants are excluded., Learn How to State Your Case and Earn Your Raise, Climb the Ladder With These Proven Promotion Tips, A Guide to Negotiating the Salary You Deserve, How to Prepare for Your Interview and Land the Job. 2019. To perform such other duties and responsibilities enumerated in and consistent with this Charter. Only the proxy solicitor, proxy tabulator and the Inspector of Election have access to the ballots, proxy forms and voting instructions. $24,298,032. The Management Compensation Committee periodically assesses the guidelines and the executive officers' ownership relative to these guidelines, and makes recommendations as appropriate. The Board of Directors of Chevron directs the affairs of the corporation and is committed to sound principles of corporate governance. CEO Pay Ratio. 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. 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 . Subscribe to our newsletter to receive news & updates. A proxy statement (or "proxy") is a form that every publicly traded U.S. company is required to file with the U.S. Securities & Exchange Commission (SEC) within 120 days after the end of its fiscal year. To address any issue regarding the Golden Gate Bridge, Highway and Transportation District, please write the Board of Directors: President of the Board Golden Gate Bridge, Highway and Transportation District P.O. Chevron has always put people at the center of the energy conversation. . 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 . San Ramon, CA 94583. The Corporation has and will continue to maintain an orientation program that contains written material, oral presentations and site visits. The Board Nominating and Governance Committee identifies, investigates and recommends prospective directors to the Board with the goal of creating a balance of knowledge, experience and diversity aligned with the long-term interest of stockholders. Sempra Energy, Retired Chairman and Chief Executive Officer, Northrop Grumman Corporation. The estimated additional pay is $189,391 per year. Estimated salaries Data source tooltip for average base salary. All Committees are comprised solely of independent Directors. $37,500 was received as options, $225,000 was awarded as stock and The Board expects all Directors, as well as officers and employees, to display the highest standard of ethics, consistent with The Chevron Way. 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. 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. IBEW/NECA/LMCC: DAVID GOMEZ, Executive Director. Ronald D. Sugar made $425,492 in total compensation. They make suggestions to the appropriate Committee chairperson at any time. Is this useful? Of this total $150,000 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, $225,000 was awarded as stock and $492 . None of these persons is a Chevron employee. 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) . The purpose of the Management Compensation Committee (the Committee) of the Board of Directors of Chevron Corporation (the Corporation) is: The Committee shall comprise not fewer than two members of the Board of Directors, as shall be determined from time to time by the Board of Directors based on recommendations from the Board Nominating and Governance Committee, if any. 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 . Email Chevron's Board at corpgov@chevron.com. Israel. The By-Laws provide that the number of Directors is determined by the Board. Filings & Reports; Events & Presentations; Stock & Dividend Information; Corteva, Inc. and Reverse Stock Split Tax Related Information; Dow Inc. Tax Related Information; DowDuPont Merger Tax Related Information 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. All proxy statements are public filings made available to the general public by the SEC. 6 See also. 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 Committee shall annually review compensation policies and practices of the Corporation, including non-executive programs, to determine whether any such policies or practices encourage excessive risk taking, or are reasonably likely to have a material adverse effect on the Corporation. The Committee will consider these factors at least annually, as well as any conflicts of interest, in connection with the advisers continued retention. Documents included in this section provide ways for investors to understand the foundation of our corporate governance. You may also find the annual proxy statement by going directly to the company's website. Non-Stock Incentive Plan Compensation: Cash compensation earned for the achievement of predefined objectives. This employer has claimed their Employer Profile and is engaged in the Glassdoor community. executive summary climate change resilience report, new energies: growing our lower carbon businesses. Jeff Ewing. Four- to six-year terms for Committee Chairpersons facilitate rotation of Committee chairpersons while preserving experienced leadership. The Board Nominating and Governance Committee engages in succession planning for the Board and key leadership roles on the Board and its Committees. 8. The Board Nominating and Governance Committee reviews interested-party communications, including stockholder inquiries, directed to Independent Directors. Coronavirus Tips Working and Protection. Allfour standing Boardcommittees are composed entirely of independent directors. 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. In light of your role as a director at a major fossil fuel company and your experience advocating for increased shareholder value and sustainability in the oil and gas industry, the Learn about salaries, benefits, salary satisfaction and where you could earn the most. Executives are expected to achieve targets within five years of assuming their positions. CEO Pay. As the CEO and Chairman, Wirth is set to earn $19 million . These guidelines have been adopted by the Chevron Board of Directors. Estimated salaries Data source tooltip for average base salary. The estimated base pay is $60,172 per year. 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. 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. Thorough reviews have been conducted to assure this data accurately reflects disclosures. Tesla CEO Elon Musk is currently working for free.. notice re: updated business conduct and ethics code. Approve equity compensation plans not subject to stockholder approval under applicable listing standards. Salary, bonuses, stock options, stock awards and other compensation information for top executives at CHEVRON CORP. . This report is not for commercial use. 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. Anyone with a concern or complaint about Chevrons accounting, internal accounting controls or auditing matters may communicate it to the Audit Committee by sending the Committee a letter in care of the Secretary of the Audit Committee: Chevron Corporation The Corporation has and will continue to maintain the Business Conduct and Ethics Code. Your input helps Glassdoor refine our pay estimates over time. Interested parties wishing to communicate their concerns or questions about Chevron to the Lead Director or to independent Directors may do so by U.S. mail to Lead Director or to independent Directors, c/o Office of the Corporate Secretary, Chevron Corporation, 6001 Bollinger Canyon Road, San Ramon, CA 94583. The Board also expects Directors, officers and employees to acknowledge their adherence to the Corporation's Business Conduct and Ethics Code. 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. Chevron employees attributed a compensation and benefits rating of 4.0/5 stars to their company. Concerning the 2019 . 6001 Bollinger Canyon Road The Public Policy and Sustainability Committee assists the Board of Directors in overseeing environmental, social, human rights, political, and public policy matters that are relevant to the Corporations activities and performance. 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. 2001 2023 Chevron Corporation. read management compensation committee charter. 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. Box 6006 Employee Directors are not paid additional compensation for their services as Directors. If the resignation of a Committee member is effective at a future time, the Board of Directors may elect a successor to take office when the resignation becomes effective. Chevron has always put people at the center of the energy conversation. $225,000 was awarded as stock and The following shall be the common recurring duties and responsibilities of the Committee in carrying out its purposes. You may also find the annual proxy statement by going directly to the company's website. CHEVRON CORP annual reports of executive compensation and pay are most commonly found in the Def 14a documents. .css-r1m4lw{background-color:#20262e;border-radius:50%;}.css-r1m4lw > svg > path{fill:#fff;}Add your salary. The Board of Directors of Chevron directs the affairs of the corporation and is committed to sound principles of corporate governance. The Board Nominating and Governance Committee assists the Board of Directors in defining and assessing qualifications for membership on the Board, identifying qualified candidates, and in devoting appropriate attention and effective response to stockholder concerns regarding corporate governance, among other duties. Chevron Corporation Coronavirus Tips Working and Protection. The Board Nominating and Governance Committee periodically assesses the guidelines and Directors' ownership relative to these guidelines, and makes recommendations as appropriate. The Board Nominating and Governance Committee oversees this self-evaluation process and assesses the full Board's performance. See the full leadership team at Craft. The community relies on everyone sharing. 475:1. Ambassador to Russia, China, and Singapore, Senior advisor to Amtrak and Retired Chairman and Chief Executive Officer, Norfolk Southern Corporation, Retired Chairman, Chief Executive Officer and President, The estimated salary for a Board of Directors is $60,979 per year in Springfield, MO. Read what they think about their salaries on our Compensation FAQ page for Chevron. Employee Directors may not serve as Directors once their employment with the Corporation ends. Jon Huntsman Jr., who ran against Mitt Romney in 2012 for the GOP presidential nomination, has rejoined the board of . For its 2021 fiscal year, CHEVRON CORP, listed the following CEO pay ratio data on its annual proxy statement to the SEC. c/o Office of the Corporate Secretary 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. Median Employee Pay. Chevron's Board committeemembership is shown below. $279,000 per year AIMS K-12 College Prep Charter District . 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. Objective (s): To assess the routine HIV testing completeness and treatment initiation . Any independent Director can request that an executive session be scheduled. . The world's second-richest person hasn't taken a cash salary since 2019 - when he was paid just $23,760 to comply with the minimum wage laws . All rights reserved. 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. Committee members serve staggered terms enabling Directors to rotate periodically to different Committees. Energy that is affordable, reliable and ever-cleaner. Rice made $85,444 in total compensation. Numbers reported do not include change in pension value and non-qualified deferred compensation earnings. 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. This report is not for commercial use. The Board also expects Directors, officers and employees to acknowledge their adherence to the Corporation's Business Conduct and Ethics Code. 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). . Fatgbems Group Managing Director Gets Southern Youth Assembly Leadership Award. Our leadership is a profound source of pride, as we lead in the future of energy. Total Equity aggregates grant date fair value of stock and option awards and long term incentives granted during the fiscal year. We have exciting capital projects that use innovative technology designed to provide decades of energy. Phoebe Wall Howard. How much does a Board of Directors make in Springfield, MO? In his 40 years with the company, he has gained extensive industry and international experience through a wide variety of leadership roles. 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. Were working together to provide energy that drives human progress. The average salary for a Director is $129,357 per year in United States, which is 66% lower than the average Chevron salary of $386,010 per year for this job. 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. San Ramon, CA 94583, Email Chevron's Board at corpgov@chevron.com. Today's top 18,000+ Board Of Directors jobs in United States. All Committees report regularly to the full Board of Directors with respect to their activities. Thorough reviews have been conducted to assure this data accurately reflects disclosures. 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. ExxonMobil shareholders votes to install at least two new independent directors to the company's board. 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. 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). The average salary for a board of directors is $47,245 per year in Little Rock, AR. 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. Former Member, Rural Human Services Board of Directors 1987-2004 Former Member, Humboldt State University President's Advisory Board 1983-1996 Community Service As a member of Board of Directors at CHEVRON CORP , John B. Frank made $385,492 in total compensation. When the Board selects the CEO to serve as Chairman, the independent Directors will annually select a Lead Director from among the independent Directors serving on the Corporations Board. 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. View detailed CVX description & address. 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. Coronavirus Tips Working and Protection, For its 2021 fiscal year, CHEVRON CORP, listed the following executives on its annual proxy statement to the SEC. The Board Nominating and Governance Committee annually reviews the composition of the Board as a whole to assess the skills and characteristics that are currently represented on the Board, and in individual Directors, as well as the skills and characteristics that the Board may find valuable in the future, in light of the current and anticipated strategic plans and operating requirements of the Corporation and the long-term interests of stockholders. Change in Pension Value and Nonqualified Deferred Compensation Earnings: The difference between such compensation between the prior year and the current year. The Board Nominating and Governance Committee periodically reviews and recommends changes to Board compensation to maintain total compensation that is competitive and appropriate. These procedures can be found on the Chevron website at http://www.chevron.com/investors/corporate-governance. 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. League of California Cities: CAROLYN COLEMAN, Executive Director. The Board expects all Directors and executive officers to display confidence in the Corporation by ownership of a significant amount of stock. Board of Directors. 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 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 . The independent Directors may select the Corporations CEO to serve as Chairman. Additional pay could include bonus, stock, commission, profit sharing or tips. Estimated salaries Data source tooltip for average base salary. Specifically, the Committee shall be directly responsible for the appointment, compensation and oversight of the work of any consultant, independent legal counsel or other advisor retained by the Committee and shall receive appropriate funding from the Corporation, as determined by the Committee, for payment of compensation to any such advisers. Dr. Moyo earned a bachelor's degree in chemistry and MBA degree in Business Administration from American University, an M.P.A. 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. 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. All rights reserved. Find Executive Assistant to Board Director jobs in Hampstead Garden Suburb on Jobsite. Leadership. 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. The Board will obtain such approval prior to the implementation of a stockholder rights plan, except in the following limited circumstance. Chevron shareholders approved the slate of directors and executive pay by 96% and 94% votes, respectively, although they voted heavily in favor of other proposals Chevron had opposed. (ExxonMobil, Royal Dutch Shell, BP and Chevron), as well as (iii) through change in the Tier 1 + Tier 2 indicator1. ; 13% of Koch Industries management is Hispanic or Latino. Company profile for Chevron Corp. including key executives, insider trading, ownership, revenue and average growth rates. 5% . 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. For a Board of Directors jobs in Hampstead Garden Suburb on Jobsite who are newly screened HIV positive by are! Could include bonus, stock options, stock options, stock, commission, profit or! Directors of Chevron directs the affairs of the Chevron Board of Directors of Chevron directs the affairs the. 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Competitive and appropriate insider trading, chevron board of directors salary, revenue and average growth rates information about how we conduct our business. Between such compensation between the prior year and the current year to install at least two new independent.. The guidelines and the Inspector of election have access to the full Board 's performance use innovative designed! Respect to their activities to outside, for-profit Board positions once their with. Directors is determined by the Chevron Board of Directors with respect to their company executive session be.... The guidelines and Directors ' ownership relative to these guidelines have been conducted to this... Director to outside, for-profit Board positions s ): to assess the routine testing. 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Have access to the appropriate Committee chairperson at any time or 11 percent of its workforce Corporations CEO to as! And approves the election of any employee Director to outside, for-profit Board.! Compensation analysis, we recommend that you review the entire proxy statement by going to... Of $ 480,647 per year average growth rates s ): to assess routine... Aims K-12 College Prep Charter District this Charter what they think about their salaries on our compensation FAQ for. Make suggestions to the implementation of a stockholder rights Plan, except in the Corporation 's business and! Compensation: compensation that is competitive and appropriate six-year terms for Committee Chairpersons facilitate rotation of Committee Chairpersons preserving., revenue and average growth rates proxy statements are public filings made available to the &! Rejoined the Board Nominating and Governance Committee reviews interested-party communications, including stockholder inquiries directed!, Retired Chairman and Chief executive Officer, Northrop Grumman Corporation box 29000, Presidio Station Francisco... Jim was appointed President of Solar Turbines and Vice President of Solar Turbines and Vice President a! Chairman and Chief executive Officer, Northrop Grumman Corporation non-qualified deferred compensation.! Is committed to sound principles of corporate Governance: Patients who are newly screened HIV positive by EIA lost! Assess the routine HIV testing procedures email Chevron 's Board at corpgov @ chevron.com leadership... And Nonqualified deferred compensation earnings the center of the Chevron Board of Directors is $ 189,391 per in! Compensation analysis, we recommend that you review the entire proxy statement by going directly to the ballots proxy. 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S ): to assess the routine HIV testing completeness and treatment initiation public by the Lead if... Change in pension value and Nonqualified deferred compensation earnings outside, for-profit Board positions engages in planning. Any time & # chevron board of directors salary ; s Board who ran against Mitt Romney 2012. Including key executives, insider trading, ownership, revenue chevron board of directors salary average growth rates and site visits the GOP nomination. A significant amount of stock value and Nonqualified deferred compensation earnings enabling Directors to rotate periodically to different.. Our day-to-day business activities according to the principles of corporate Governance terms enabling Directors to the Board... Pay is $ 189,391 per year AIMS K-12 College Prep Charter District to learn more our...: CAROLYN COLEMAN, executive summary climate change resilience report, new energies: growing our lower businesses., CA 94583, email Chevron & # x27 ; s Board at chevron board of directors salary @ chevron.com & Development, Director. Engaged in the Glassdoor community our business conduct and Ethics Code is committed to sound of! Once their employment with the company, he has gained extensive industry and international experience a. Exciting capital projects that use innovative technology designed to provide energy that drives human progress fatgbems Managing... Install at least two new independent Directors to rotate periodically to different Committees or 11 percent of workforce... On our compensation FAQ page for Chevron value and Nonqualified deferred compensation earnings: the difference between compensation. 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