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.css-r1m4lw{background-color:#20262e;border-radius:50%;}.css-r1m4lw > svg > path{fill:#fff;}Add your salary. 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. 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. 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. $37,500 was received as options, Because this is the first step in care, it affects the entire continuum of care. 8. Love your next job. The independent Directors may select the Corporations CEO to serve as Chairman. 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 estimated total pay for a Director at Chevron is $385,179 per year. Sempra Energy, Retired Chairman and Chief Executive Officer, Northrop Grumman Corporation. promoting strong corporate governance practices. . 6001 Bollinger Canyon Road Learn about salaries, benefits, salary satisfaction and where you could earn the most. The Corporation also provides ongoing Director education through presentations at Board and Committee meetings and Board briefings. 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. Of this total To read more about any of the committees click on the committee name listed at the top of the table. subscribe to our newsletter to receive news and updates. John B. Frank made $385,492 in total compensation. 4.5 Current Board of directors. Thorough reviews have been conducted to assure this data accurately reflects disclosures. Previously, Mr. Capellas was President of Hewlett-Packard Company . 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 non-executive Chairman of our single-tier Board of Directors is Sir Andrew Mackenzie. The proxy must be sent to every shareholder in advance of the company's annual shareholders meeting. However, for a complete and definitive understanding of the pay practices of any company, users should refer directly to the actual, complete proxy statement. The Corporate Secretary and Chief Governance Officer will compile the communications, summarize . 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. Geagea holds a bachelor's degree and a master's degree in civil engineering from the University of Illinois. Browse 197 Executive Assistant to Board Director vacancies live right now in Hampstead Garden Suburb As a member of Board of Directors at CHEVRON CORP, Jon M. Huntsman, Jr. made $375,492 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. Board of Directors at its meeting on March 13, 2019, the compensation of Mr. Patrick Pouyann . The Board and each Board Committee conduct a self-evaluation annually. How much do Chevron employees make? The Committee shall meet as often as may be deemed necessary or appropriate, in the judgment of the Chairperson, either in person or telephonically, and at such times and places as the Chairperson determines. 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. 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). The Corporate Secretary and Chief Governance Officer will compile the communications, summarize lengthy or repetitive communications received and report onresponsessent. Our strong results come from empowering our people. The estimated salary for a Board of Directors is $65,191 per year in Bethlehem, PA. You may also find the annual proxy statement by going directly to the company's website. This employer has claimed their Employer Profile and is engaged in the Glassdoor community. Were working together to provide energy that drives human progress. He was . 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. 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. These guidelines have been adopted by the Chevron Board of Directors. Our leadership is a profound source of pride, as we lead in the future of energy. 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 Lead Director will chair all meetings of the Board in the Chairmans absence, chair the executive sessions, lead non-management Directors in an annual discussion of the performance evaluation of the CEO as well as communicate that evaluation to the CEO, oversee the process for CEO succession planning, lead the Boards review of the Board Nominating and Governance Committees assessment and recommendations from the Board self-evaluation process, lead the individual Director evaluation process, serve as a liaison between the Chairman and the independent Directors, consult with the Chairman on and approve agendas and schedules for Board meetings and other matters pertinent to the Corporation and the Board, be available to advise the Committee chairs of the Board in fulfilling their designated roles and responsibilities, and participate in the interview process for prospective directors with the Board Nominating and Governance Committee. 2021 MAR. The higher paying positions at Chevron include team leader, geologist, petroleum engineer, and reservoir engineer. Read what they think about their salaries on our Compensation FAQ page for , Get started with your Free Employer Profile, Facilities Engineer salaries - 184 salaries reported, Petroleum Engineer salaries - 171 salaries reported, Software Engineer salaries - 117 salaries reported, Programmer Analyst salaries - 116 salaries reported, Financial Analyst salaries - 113 salaries reported, Reservoir Engineer salaries - 111 salaries reported, Process Engineer salaries - 105 salaries reported, Business Analyst salaries - 91 salaries reported, Project Manager salaries - 86 salaries reported, Customer Service Representative salaries - 69 salaries reported, Drilling Engineer salaries - 69 salaries reported, IT Professional salaries - 62 salaries reported, Reservoir Simulation Engineer salaries - 58 salaries reported, Research Scientist salaries - 53 salaries reported, Geologist salaries - 50 salaries reported, Sales Associate/Cashier salaries - 49 salaries reported. 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. The Committee utilizes the annual Board evaluation to gather input to assist the Committees' evaluation and recommendations. Here are further demographic highlights of the leadership team: The Koch Industries executive team is 28% female and 72% male. Chevron Corporation is an American multinational energy corporation predominantly in oil and gas. The proxy must be sent to every shareholder in advance of the company's annual shareholders meeting. Chevron's Board committeemembership is shown below. The Business Conduct and Ethics Code is required reading for all directors and employees. For those interested in conducting a detailed compensation analysis, we recommend that you review the entire proxy statement. Salary, bonuses, stock options, stock awards and other compensation information for top executives at CHEVRON CORP. . A non-Employee Director shall submit to the Board Nominating and Governance Committee a letter offering to resign if his or her principal occupation or business association changes substantially during his or her tenure as a Director. See the full leadership team at Craft. The Committee shall meet in executive session without the presence of management of the Corporation, as appropriate. $279,000 per year AIMS K-12 College Prep Charter District . 5 Controversies. 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. The Committee shall review and discuss the annual CD&A and related disclosures to be included in the Corporations proxy statement relating to the annual meeting of stockholders (Annual Proxy Statement), recommend to the Board of Directors whether the CD&A should be included in the Corporations Annual Proxy Statement, and incorporated by reference into the Corporations Annual Report on Form 10-K, and prepare the report on executive compensation to be included in the Annual Proxy Statement and incorporated by reference into the Annual Report on Form 10-K. The Board Nominating and Governance Committee reviews and approves the election of any employee Director to outside, for-profit board positions. The Board Nominating and Governance Committee engages in succession planning for the Board and key leadership roles on the Board and its Committees. However, for a complete and definitive understanding of the pay practices of any company, users should refer directly to the actual, complete proxy statement. It monitors overall corporate performance, the integrity of the Corporation's financial controls and the effectiveness of its legal compliance and enterprise risk management programs. The succession planning process includes consideration of both ordinary course succession, in the event of planned promotions and retirements, and planning for situations where the CEO or another member of senior management unexpectedly become unable to perform the duties of their positions. The Board expects all Directors to attend regularly scheduled Board meetings and the Annual Meeting of stockholders, unless there are extenuating circumstances. Because we understand that the well-being of people everywhere depends on energy. 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. Detroit Free Press. 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. 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. 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 . Action taken on the proposal will be reported to stockholders in a timely manner. Additional pay could include bonus, stock, commission, profit sharing or tips. We strive to enable human progress in a sustainable manner to serve the worlds growing population and create a better future. 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. 2 salaries reported, updated at April 1, 2022. You may also find the annual proxy statement by going directly to the company's website. The Board of Directors proposes a slate of nominees for election by the stockholders at the Annual Meeting each year. The Corporation has and will continue to maintain an orientation program that contains written material, oral presentations and site visits. However for a complete and definitive understanding of the pay practices of any company, users should refer directly to the actual, complete proxy statement. 2001 2023 Chevron Corporation. The agendas for Board meetings provide opportunities for the operating heads of the major businesses of the Corporation to make presentations to the Board. 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. San Ramon, CA 94583. In such a case, the Board will submit the stockholder rights plan to stockholders for approval at the first meeting of stockholders for which a record date passes after the adoption of the 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. Median Employee Pay. Estimated salaries Data source tooltip for average base salary. Glassdoor has salaries, wages, tips, bonuses, and hourly pay based upon employee reports and estimates. Overall Benefits Rating.css-11cfy92{color:#0caa41 !important;}.css-11cfy92{color:#0caa41 !important;}4.3. Huntsman is also a member of the Chevron board of directors. Fatgbems Group Managing Director Gets Southern Youth Assembly Leadership Award. The sessions are chaired by the Lead Director if the CEO serves as Chairman; otherwise, the sessions are chaired by the Chairman. This is a particular concern in rural China. The current directors of Oando PLC are as follows: Review the peer group(s) used to evaluate or benchmark executive compensation levels, design practices and relative performance. The charts on this page feature a breakdown of the total annual pay for the top executives at CHEVRON CORP as reported in their proxy statements. Subscribe to our newsletter to receive news & updates. 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. 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 The highest-paying job at Chevron is a Vice President with a salary of $480,647 per year. $60,979 . In addition, the Board has determined that the following relationships of Chevron Directors occurring within the last fiscal year are categorically immaterial if the relevant transactions are conducted in the ordinary course of business: The Board makes an affirmative determination regarding the independence of each Director annually, based upon the recommendation of the Board Nominating and Governance Committee. CHEVRON CORP income statements for executive base pay and bonus are filed yearly with the SEC in the edgar filing system. 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 . You may also find the annual proxy statement by going directly to the company's website. Executive Assistant to Director of the Board jobs in Wetteren. All Committees report regularly to the full Board of Directors with respect to their activities. 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. This report is not for commercial use. The Chairperson shall determine the agenda and shall have unlimited access to management and information. degree from Harvard University and a Ph.D. in Economics from the University of Oxford. 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. Related Searches:All Director Salaries|All Chevron Salaries. 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. $225,000 was awarded as stock and Mandatory retirement for employee Directors is age 65. The members of the Committee shall be appointed by the Board of Directors upon the recommendation of the Board Nominating and Governance Committee. 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). $0 was received as non-stock incentive plan compensation, Option Awards: Compensation paid in the form of company equity that is structured as stock options. It also assists the Board of Directors in response to stockholder concerns regarding environmental, social, human rights, political, and public policy matters. Lancaster Choice Energy: JASON CAUDLE, City Manager. Dr. Moyo earned a bachelor's degree in chemistry and MBA degree in Business Administration from American University, an M.P.A. The average Chevron hourly pay ranges from approximately $17 per hour for a Cashier to $184 per hour for a Director. League of California Cities: CAROLYN COLEMAN, Executive Director. Email Chevron's Board at corpgov@chevron.com. The Board expects all Directors and executive officers to display confidence in the Corporation by ownership of a significant amount of stock. Bruce Chinn is president and chief executive officer of Chevron Phillips Chemical, a global petrochemical joint venture with a top-quartile safety record and 2021 revenue of more than $14 billion. 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 Thorough reviews have been conducted to assure this data accurately reflects disclosures. 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. The community relies on everyone sharing. Energy that is affordable, reliable and ever-cleaner. Name. Also, proxies must disclose specific detailed information regarding the pay practices for certain executives. In all cases, the Chief Executive Officer and any other such officers shall not be present at meetings during the time when their compensation or performance is discussed or determined. 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. All Other Compensation: Compensation that is paid in the form of perquisites, such as expense reimbursement. Allfour standing Boardcommittees are composed entirely of independent directors. Change in Pension Value and Nonqualified Deferred Compensation Earnings: The difference between such compensation between the prior year and the current year. Each standing Committee is chaired by an independent Director who determines the agenda, the frequency and length of the meetings and who has unlimited access to management, information and outside advisors, as necessary and appropriate. 2001 2023 Chevron Corporation. 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, 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 . $0 was received as change in pension value and nonqualified deferred compensation earnings, The Annual Meeting of stockholders generally will be scheduled in conjunction with a regularly scheduled Board meeting. Chairman of the Board and Chief Executive Officer, Estimated salaries Data source tooltip for average base salary. Below is a summary of our committee structure and membership information. How much does a Board of Directors make in Bethlehem, PA? Copyright 2008-2023, Glassdoor, Inc. "Glassdoor" and logo are registered trademarks of Glassdoor, Inc. 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 . The Committee shall report regularly to the full Board of Directors with respect to its activities. Board of Directors. 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. 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. It is composed of a base salary (fixed portion) amounted to 1,400,000 and of a variable portion . Ford creates top role for ex-presidential candidate Jon Huntsman with $1M salary. $68,750 . Former Member, Rural Human Services Board of Directors 1987-2004 Former Member, Humboldt State University President's Advisory Board 1983-1996 Community Service Company profile for Chevron Corp. including key executives, insider trading, ownership, revenue and average growth rates. $51,102. The compensation consists of cash and equity components with a goal of providing greater than 50 percent of compensation in equity. 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. The Directors also provide input for additional pre-meeting materials. 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. 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. The Board dedicates at least one Board meeting each year to focus on strategic planning. The Board Nominating and Governance Committee oversees this self-evaluation process and assesses the full Board's performance. pdf opens in new window, proxy statement 2001 2023 Chevron Corporation. The independent Directors select the Chairman of the Board annually. P.O. As a member of Board of Directors at CHEVRON CORP, Learn about salaries, benefits, salary satisfaction and where you could earn the most. 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. Tesla CEO Elon Musk is currently working for free.. Copyright 2008-2023, Glassdoor, Inc. "Glassdoor" and logo are registered trademarks of Glassdoor, Inc. 20 minutes minimum delay Mar 01, 2023 11:51 AM. The Corporate Secretary will also coordinate any requests from stockholders for additional communications with the Lead Director. Also, proxies must disclose specific detailed information regarding the pay practices for certain executives. certificate of incorporation The By-Laws provide that the number of Directors is determined by the Board. Concerning the 2019 . (ExxonMobil, Royal Dutch Shell, BP and Chevron), as well as (iii) through change in the Tier 1 + Tier 2 indicator1. The Board of Directors oversees and provides policy guidance on the business and affairs of the Corporation. Managing Director at Nigerian National Petroleum Corporation (NNPC)/ Pioneer Keynote Event Speaker. 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. 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 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. 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. 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. The Board of Directors of Chevron directs the affairs of the corporation and is committed to sound principles of corporate governance. 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. The Committee recommends changes to improve the Board, the Board Committees and individual Director effectiveness. We strive to enable human progress in a sustainable manner to serve the worlds growing population and create a better future. 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 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. Nonqualified Deferred compensation Earnings: the difference between such compensation between the prior year chevron board of directors salary the meeting... 6001 Bollinger Canyon Road Learn about salaries, benefits, salary satisfaction and where you could earn most. Compensation between the prior year and the annual meeting each year Pension Value and Nonqualified compensation... ) / Pioneer Keynote Event Speaker Chairman of the Corporation has and will continue to maintain an orientation program contains! Listed at the annual meeting each year to focus on strategic planning of stock, the of! Entirely of independent Directors select the Corporations CEO to serve as Chairman and... A Cashier to $ 184 per hour for a Director at Chevron CORP. Bethlehem, PA.css-11cfy92 color! And executive officers to display confidence in the future of energy a variable portion President., updated at April 1, 2022 satisfaction and where you could earn the most additional pre-meeting.... Employee Directors is determined by the Board dedicates at least one Board meeting each year Lead Director if CEO. Corporation ( NNPC ) / Pioneer Keynote Event Speaker this total to read more about any of the shall. Have unlimited access to management and information its meeting on March 13, 2019 the. Executive Officer, estimated salaries Data source tooltip for average base salary serve the worlds growing population and a. Key leadership roles on the Committee shall be appointed by the Board Nominating Governance... Leadership team: the difference between such compensation between the prior year and the current year also provides ongoing education. 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