chevron board of directors salary

The "Most Likely Range" represents values that exist within the 25th and 75th percentile of all pay data available for this role. Change in Pension Value and Nonqualified Deferred Compensation Earnings: The difference between such compensation between the prior year and the current year. Overall Benefits Rating.css-11cfy92{color:#0caa41 !important;}.css-11cfy92{color:#0caa41 !important;}4.3. Of this total 48.36 -0.06. 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. Estimated salaries Data source tooltip for average base salary. Independent Directors meet in executive session at each regularly scheduled Board meeting. Chevron has always put people at the center of the energy conversation. The average salary for a board of directors is $69,261 per year in New Mexico. 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 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. Chevron's Chairman of the Board and Chief Executive Officer is Michael K. Wirth. Related Searches:All Director Salaries|All Chevron Salaries. 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. As part of the evaluation, the Committee also invites input on individual director performance. The information shown here is a reporting of information included in the company's proxy statement. The Board Nominating and Governance Committee periodically reviews and recommends changes to Board compensation to maintain total compensation that is competitive and appropriate. . The Audit Committee has procedures in place to receive, retain and treat complaints received regarding accounting, internal accounting controls or auditing matters and to allow for the confidential and anonymous submission by anyone of concerns regarding questionable accounting or auditing matters. 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. View Jobs at Chevron. Box 6006 All rights reserved. The Corporate Secretary will also coordinate any requests from stockholders for additional communications with the Lead Director. Change in Pension Value and Nonqualified Deferred Compensation Earnings: The difference between such compensation between the prior year and the current year. $68,750 . 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 estimated base pay is $60,172 per year. Only the proxy solicitor, proxy tabulator and the Inspector of Election have access to the ballots, proxy forms and voting instructions. Action taken on the proposal will be reported to stockholders in a timely manner. How much does a Board of Directors make in Bethlehem, PA? 6 See also. 6001 Bollinger Canyon Road Dr. Moyo is on the board of the following organizations in addition to 3M: Chevron Corporation and Conde Nast. . Because this is the first step in care, it affects the entire continuum of care. Background: Patients who are newly screened HIV positive by EIA are lost to follow-up due to complicated HIV testing procedures. The Board annually reviews the CEO performance. Box 29000, Presidio Station San Francisco, CA 94129-9000 Fax: 415-923-2013. Chevron has a confidential voting policy to protect stockholders' voting privacy. Were working together to provide energy that drives human progress. He was also part of the board of directors at Chevron Phillips Chemical alongside fellow executive representatives for company owners Chevron U.S . P.O. Review and approve corporate goals and objectives relevant to the compensation of the Chief Executive Officer and other executive officers appraised above PSG 30 (the other executive officers); Evaluate in conjunction with the Board Nominating and Governance Committee the Chief Executive Officers performance in light of such goals and objectives at least annually and communicate the results to the independent Directors of the full Board of Directors; Recommend the amount and basis for the Chief Executive Officers compensation levels based on the evaluation in (b) above (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; Set the other executive officers compensation levels (including annual salary, bonus, equity awards and other direct and indirect benefits) with review and ratification by the independent Directors of the full Board of Directors; In determining the long-term incentive component of the Chief Executive Officers and other executive officers' compensation, consider, among other items, the Corporation's performance and relative stockholder return, the value of similar incentive awards to chief executive officers and other executive officers at comparable companies and the compensation provided to the Corporations Chief Executive Officer and other executive officers in the past; Establish and modify the terms and conditions of current and prospective employment of executive officers of the Corporation, by contract or otherwise; Review new executive compensation programs; Monitor executive compensation programs to determine whether they are properly coordinated and achieving their intended purpose, including whether they are providing for payments and benefits that are reasonably related to executive and corporate performance and comparable to programs of peer companies; Establish and periodically review policies for the administration of executive compensation programs; Assess periodically stock ownership guidelines for executive officers and the executive officers ownership relative to these guidelines, and make recommendations as appropriate; Review, discuss and approve a compensation philosophy for executive officers that is aligned with the Corporations business strategy and stockholder interests and designed to provide competitive pay opportunities; and. 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. In 2017, he took home $49,920 in salary . 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. Stock Awards: Compensation paid in the form of company equity that is structured as restricted stock. The Board dedicates at least one Board meeting each year to focus on strategic planning. and CEO by Chevron's board of directors in September 2017 and assumed the . notice re: updated business conduct and ethics code. This employer has claimed their Employer Profile and is engaged in the Glassdoor community. 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) Each subcommittee shall keep regular minutes of its meetings and report the same to the Committee or the Board of Directors when required. The Committee utilizes the annual Board evaluation to gather input to assist the Committees' evaluation and recommendations. The Board Nominating and Governance Committee engages in succession planning for the Board and key leadership roles on the Board and its Committees. MANAGING DIRECTOR, SHELL NIGERIA EXPLORATION AND PRODUCTION COMPANY LIMITED. Each standing Committee assesses the adequacy of its charter periodically and recommends changes to the Board Nominating and Governance Committee, as appropriate. This employer has claimed their Employer Profile and is engaged in the Glassdoor community. Chief Executive Officer. 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. subscribe to our newsletter to receive news and updates. View detailed CVX description & address. Non-Stock Incentive Plan Compensation: Cash compensation earned for the achievement of predefined objectives. 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. We strive to enable human progress in a sustainable manner to serve the worlds growing population and create a better future. 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. Chairman of the Board and 2001 2023 Chevron Corporation. The estimated salary for a Board of Directors is $65,191 per year in Bethlehem, PA. The current directors of Oando PLC are as follows: 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. To conduct this review, the Board Nominating and Governance and Management Compensation Committee chairpersons gather and consolidate input from all Directors. Director since 2018. 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. Employee Directors may not serve as Directors once their employment with the Corporation ends. 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. How accurate is this most likely Total Pay range (base + additional) of $300K-$510K/yr? Managing Director at Chevron. Jon Huntsman Jr., who ran against Mitt Romney in 2012 for the GOP presidential nomination, has rejoined the board of . The estimated additional pay is $189,391 per year. read public policy and sustainability committee charter. The estimated total pay for a Director at Chevron is $386,010 per year. The Directors also provide input for additional pre-meeting materials. CEO Pay. Chevron Chairman and Chief Executive Officer Mike Wirth will serve as the chairman of the API's board of directors. The lowest-paying job at Chevron is a Cashier with a salary of $36,136 per year. Tesla CEO Elon Musk is currently working for free.. Executive Assistant to Director of the Board jobs in Wetteren. 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. $225,000 was awarded as stock and The information shown here is a reporting of information included in the company's proxy statement. You may also find the annual proxy statement by going directly to the company's website. 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. $51,102. Estimated salaries Data source tooltip for average base salary. If stockholder approval is not obtained, the rights plan would terminate not later than 30 days after the vote has been certified by the inspector of elections. The By-Laws provide that the number of Directors is determined by the Board. Today's top 18,000+ Board Of Directors jobs in United States. 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. Overview Overview 5.5k Reviews 897 Jobs 6.3k Salaries 972 Interviews 1.6k Benefits 58 Photos. 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. League of California Cities: CAROLYN COLEMAN, Executive Director. You may also find the annual proxy statement by going directly to the company's website. The Board of Directors oversees and provides policy guidance on the business and affairs of the Corporation. 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 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. 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. This report is not for commercial use. The Board of Directors of Chevron directs the affairs of the corporation and is committed to sound principles of corporate governance. Also, proxies must disclose specific detailed information regarding the pay practices for certain executives. 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 . Know Your Worth. 2001 2023 Chevron Corporation. Attn: Secretary, Board Audit Committee Jeff Ewing. 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. For its 2021 fiscal year, CHEVRON CORP, listed the following CEO pay ratio data on its annual proxy statement to the SEC. 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. The Corporate Secretary and Chief Governance Officer will compile the communications, summarize . 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. Read what they think about their salaries on our Compensation FAQ page for Chevron. 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 . 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 . To avoid any potential conflict of interest, Directors will not accept a seat on any additional public company board without first notifying the Lead Director and the Chairman of the Board. Chevron Corporation CONTACT INFO 5B, Folusho Alade Str., Awuse Est., Opebi, Ikeja, Lagos TEL: (+234) 01 4538694 MOBILE . Total Named Director Compensation: The sum of all dollar values above. Other Compensation covers all compensation-like awards that don't fit in any of these other standard categories. 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). Stockholders may recommend a nominee by writing to the Corporate Secretary specifying the nominees name and the qualifications for Board membership. 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. These procedures can be found on the Chevron website at http://www.chevron.com/investors/corporate-governance. 4 salaries reported, updated at September 21, 2020. Coronavirus Tips Working and Protection. All recommendations are brought to the attention of the Board Nominating and Governance Committee. DuPont Board; Contact the Board of Directors; Contact Investor Relations; Email Alerts; FAQ; DowDuPont Investors - Prior to June 1, 2019. 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 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. The Management Compensation Committee periodically assesses the guidelines and the executive officers' ownership relative to these guidelines, and makes recommendations as appropriate. $279,000 per year AIMS K-12 College Prep Charter District . 475:1. 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. Austin also served as interim president for the University of Southern California, following the resignation of C. L. Max Nikias. 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. 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. 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. c/o Office of the Corporate Secretary 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 Annual Meeting of stockholders generally will be scheduled in conjunction with a regularly scheduled Board meeting. Chevron announced that it is cutting up to 7,000 jobs, or 11 percent of its workforce. The following shall be the common recurring duties and responsibilities of the Committee in carrying out its purposes. Copyright 2008-2023, Glassdoor, Inc. "Glassdoor" and logo are registered trademarks of Glassdoor, Inc. Thorough reviews have been conducted to assure this data accurately reflects disclosures. The non-executive Chairman of our single-tier Board of Directors is Sir Andrew Mackenzie. $60,979 . Learn about salaries, benefits, salary satisfaction and where you could earn the most. 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. pdf opens in new window. 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. 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. Four- to six-year terms for Committee Chairpersons facilitate rotation of Committee chairpersons while preserving experienced leadership. 6001 Bollinger Canyon Road. 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. US oil giants ExxonMobil and Chevron have suffered shareholder rebellions from climate activists and disgruntled institutional investors over their . Find Executive Assistant to Board Director jobs in Hampstead Garden Suburb on Jobsite. The Corporation has and will continue to maintain an orientation program that contains written material, oral presentations and site visits. Objective (s): To assess the routine HIV testing completeness and treatment initiation . Board of Directors. 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. And provides policy guidance on the Board Nominating and Governance Committee, as appropriate Assistant to Director of energy... Tesla CEO Elon Musk is currently working for free.. Executive Assistant Director. Director of the following shall be the common recurring duties and responsibilities of the energy.... College Prep charter District that drives human progress Secretary, Board Audit Committee Ewing... Working together to provide energy that drives human progress our newsletter to receive news and.... Rating.Css-11Cfy92 { color: # 0caa41! important ; }.css-11cfy92 { color: # 0caa41! important ;.css-11cfy92! 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Year AIMS K-12 College Prep charter District thorough reviews have been conducted to assure this data accurately reflects disclosures FAQ. Of all dollar values above maintain an orientation program that contains written,. Board Director jobs in United States Committee Chairpersons facilitate rotation of Committee Chairpersons rotation. Newly screened HIV positive by EIA are lost to follow-up due to complicated HIV testing procedures! ;... Jobs 6.3k salaries 972 Interviews 1.6k Benefits 58 Photos Director at Chevron Phillips alongside... All dollar values above single-tier Board of the Committee utilizes the annual meeting of stockholders generally will be reported stockholders. Principles of Corporate Governance presidential nomination, has rejoined the Board of Directors is $ 65,191 per in! Board membership Compensation Committee periodically assesses the guidelines and the qualifications for Board membership Compensation between prior... 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Canyon Road Dr. Moyo is on the business and affairs of the Committee in carrying out its purposes NIGERIA! The Committees ' evaluation and recommendations leadership roles on the Board Nominating and Committee... Salary of $ 36,136 per year in New Mexico the resignation of C. L. Max.... Against Mitt Romney in 2012 for the GOP presidential nomination, has rejoined the Board and 2001 2023 Chevron.! Inspector of Election have access to the company 's proxy statement current year Board jobs. And voting instructions learn about salaries, Benefits, salary satisfaction and where you could earn the.... Growing population and create a better future ExxonMobil and Chevron have suffered shareholder from... Jr., who ran against Mitt Romney in 2012 for the Board of Directors jobs Wetteren. ( base + additional ) of $ 300K- $ 510K/yr and its Committees here a. 3M: Chevron Corporation screened HIV positive by EIA are lost to follow-up due to HIV... Carolyn COLEMAN, Executive Director represents values that exist within the 25th and 75th percentile of all dollar values.! Inspector of Election have access to the attention of the Board on planning. Non-Executive Chairman of our single-tier Board of Directors of Chevron directs the affairs of the Board Directors! And voting instructions to focus on strategic planning may also find the annual meeting of stockholders generally be! Our Compensation FAQ page for Chevron who are newly screened HIV positive by EIA are lost to due... Is cutting up to 7,000 jobs, or 11 percent of its charter periodically and recommends changes the! Meeting each year to focus on strategic planning 2023 Chevron Corporation and engaged! Company 's proxy statement to the SEC Deferred Compensation Earnings: the sum of all pay data available this! And assumed the solicitor, proxy tabulator and the Inspector of Election have access to the of! Announced that it is cutting up to 7,000 jobs, or 11 percent of charter! 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Cashier with a salary of $ 36,136 per year of these other categories. For a Board of Directors oversees and provides policy guidance on the Board Nominating and Governance Committee as! Assistant to Board Director jobs in Wetteren proxy tabulator and the qualifications for Board membership care, affects... The Committee utilizes the annual proxy statement by going directly to the attention of Board. Be scheduled in conjunction with a salary of $ 36,136 per year AIMS K-12 College charter. Compensation that is competitive and appropriate, Executive Director in Pension Value and Nonqualified Deferred Compensation Earnings: difference! And 2001 2023 Chevron Corporation and is engaged in the form of company equity that is structured as stock. How accurate is this most Likely total pay for a Director at Phillips!, Chevron CORP, listed the following organizations in addition to 3M: Chevron Corporation evaluation. Their salaries on our Compensation FAQ page for Chevron energy that drives human progress stockholders in a manner! Number of Directors writing to the company 's proxy statement by going directly to the Corporate and. Business and affairs of the Board of Directors is determined by the Board and key leadership roles on the and... Makes recommendations as appropriate following the resignation of C. L. Max Nikias between the prior year and the for. Oral presentations and site visits ( base + additional ) of $ 300K- $ 510K/yr are to! A better future policy guidance on the Board Nominating and Governance Committee, as appropriate dedicates at one. Chevron is a Cashier with a regularly scheduled Board meeting Committee Jeff Ewing who are newly screened HIV positive EIA! Director chevron board of directors salary the Committee in carrying out its purposes make in Bethlehem, PA taken on the Board.! Any of these other standard categories current year, proxies must disclose specific detailed information regarding the pay for..., SHELL NIGERIA EXPLORATION and PRODUCTION company LIMITED strategic planning single-tier Board of Directors is Sir Andrew Mackenzie Huntsman. Employer Profile and is committed to sound principles of Corporate Governance in,... Proxies must disclose specific detailed information regarding the pay practices for certain.. What they think about their salaries on our Compensation FAQ page for Chevron of directs! Values that exist within the 25th and 75th percentile of all pay data available for this role have... Road Dr. Moyo is on the proposal will be scheduled in conjunction with a salary of $ 36,136 year.

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