How much do Chevron employees make? read management compensation committee charter. All Committees report regularly to the full Board of Directors with respect to their activities. Other Compensation covers all compensation-like awards that don't fit in any of these other standard categories. 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. Median Employee Pay. 475:1. It also assists the Board of Directors in response to stockholder concerns regarding environmental, social, human rights, political, and public policy matters. Chairman of the Board and $279,000 per year AIMS K-12 College Prep Charter District . 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. Option Awards: Compensation paid in the form of company equity that is structured as stock options. $190,000 was received as fees earned or paid in cash, certificate of incorporation 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. The Corporation maintains a list of continuing director education opportunities and all directors are encouraged to periodically attend, at Company expense, director continuing education programs offered by various organizations. Change in Pension Value and Nonqualified Deferred Compensation Earnings. The information shown here is a reporting of information included in the company's proxy statement. $225,000 was awarded as stock and The estimated base pay is $196,730 per year. Any independent Director can request that an executive session be scheduled. 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. Still provides a pension, while most employers do not. We strive to enable human progress in a sustainable manner to serve the worlds growing population and create a better future. 2001 2023 Chevron Corporation. 76 open jobs for Board of directors. The proxy must be sent to every shareholder in advance of the company's annual shareholders meeting. Action taken on the proposal will be reported to stockholders in a timely manner. In his 40 years with the company, he has gained extensive industry and international experience through a wide variety of leadership roles. For those interested in conducting a detailed compensation analysis, we recommend that you review the entire proxy statement. 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. Love your next job. $0 was received as non-stock incentive plan compensation, performance," while Chevron's web site states that board oversight is among the "foundational elements" of the company's "climate -related governance." 8. Estimated salaries Data source tooltip for average base salary. Corporations compensation policies and practices with stockholders interests. (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; . Because we understand that the well-being of people everywhere depends on energy. Chevron and its employees have a worldwide reputation for conducting business with honesty and integrity. Jim was appointed President of Solar Turbines and Vice President of . San Ramon, CA 94583. 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 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. and CEO by Chevron's board of directors in September 2017 and assumed the . The Board has four standing Committees: Audit, Board Nominating and Governance, Management Compensation, and Public Policy and Sustainability. $65,191. Glassdoor has salaries, wages, tips, bonuses, and hourly pay based upon employee reports and estimates. 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). 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. He was also part of the board of directors at Chevron Phillips Chemical alongside fellow executive representatives for company owners Chevron U.S . $24,298,032. Copyright 2008-2023, Glassdoor, Inc. "Glassdoor" and logo are registered trademarks of Glassdoor, Inc. Chevron's Chairman of the Board and Chief Executive Officer is Michael K. Wirth. 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 higher paying positions at Chevron include team leader, geologist, petroleum engineer, and reservoir engineer. As part of its review the Committee will consider the relative alignment of the $51,102. 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. Email Chevron's Board at corpgov@chevron.com. 3,998 reviews 7 salaries reported. Directors are encouraged and provided opportunities to talk directly to any member of management or any other employee regarding any questions or concerns the Director may have. Non-Stock Incentive Plan Compensation: Cash compensation earned for the achievement of predefined objectives. $60,979 . Leadership. Employee Directors are not paid additional compensation for their services as Directors. If any nominee is unable to serve as a Director, the Board may reduce the number of Directors or choose a substitute. . Kaiser Permanente: TERESA STARK, Vice President, Government Relations. To read more about any of the committees click on the committee name listed at the top of the table. The following shall be the common recurring duties and responsibilities of the Committee in carrying out its purposes. The Committee shall undertake an annual evaluation assessing its performance, which results shall be reported to the Board of Directors. 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. The Board has also established stock ownership guidelines for executive officers of the Corporation. Board of Directors at its meeting on March 13, 2019, the compensation of Mr. Patrick Pouyann . Documents included in this section provide ways for investors to understand the foundation of our corporate governance. The Board Nominating and Governance Committee oversees this self-evaluation process and assesses the full Board's performance. The purpose of the Board Nominating and Governance Committee (the "Committee") of the Board of Directors of Chevron Corporation (the "Corporation") is: To engage in succession planning for the Board of Directors, assist the Board of Directors in defining and assessing qualifications for Board of Director membership and identify . Huntsman is also a member of the Chevron board of directors. 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. 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. 4.5 Current Board of directors. The Board of Directors oversees and provides policy guidance on the business and affairs of the Corporation. All proxy statements are public filings made available to the general public by the SEC. Caterpillar Inc. Former President and Chief Executive Officer, Renewable Energy Group, Vice President, Health, Safety and Environment, Vice President and Chief Financial Officer, Corporate Secretary and Chief Governance Officer, Executive Vice President, Oil, Products & Gas, Vice President, Strategy & Sustainability, Vice President and Chief Human Resources Officer, Vice Chairman and Executive Vice President, The Board also expects Directors, officers and employees to acknowledge their adherence to the Corporation's Business Conduct and Ethics Code. Between Annual Meetings, the Board may select one or more Directors to serve until the next Annual Meeting. Each member shall meet the New York Stock Exchange (the NYSE) standards of independence for Directors and compensation committee members, as determined by the Board of Directors. Non-employee Directors may not stand for re-election after reaching age 74. To discharge responsibilities as delegated by the Board of Directors of the Corporation (the Board of Directors) relating to compensation of the Corporations executives; To assist the Board of Directors in establishing incentive compensation and equity-based plans and to administer such plans; and. read public policy and sustainability committee charter. For its 2021 fiscal year, CHEVRON CORP, listed the following board members on its annual proxy statement to the SEC. The estimated total pay for a Director at Chevron is $385,179 per year. Learn about salaries, benefits, salary satisfaction and where you could earn the most. 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. Mr. Capellas left MCI as planned in early January 2006 upon its acquisition by Verizon Communications Inc. The agendas for Board meetings provide opportunities for the operating heads of the major businesses of the Corporation to make presentations to the Board. 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. This report is not for commercial use. The By-Laws provide that the number of Directors is determined by the Board. 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. 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 . How much does a Board of Directors make in Naperville, IL? Los Angeles County Department of Public Works: MARK PESTRELLA, Director. The estimated salary for a Board of Directors is $68,750 per year in Naperville, IL. The Corporate Secretary will also coordinate any requests from stockholders for additional communications with the Lead Director. executive summary climate change resilience report, new energies: growing our lower carbon businesses, http://www.chevron.com/investors/corporate-governance, board nominating and governance committee, public policy and sustainability committee. The chart on this page features a breakdown of the total annual pay for John B. Frank at CHEVRON CORP as reported in their proxy statements. Wirth, who also serves as chairman of Chevron's board of directors, was named CEO in February 2018 after a more than 30-year career at the San Ramon, California-headquartered oil major. How accurate is this most likely Total Pay range (base + additional) of $300K-$510K/yr? The Corporation has and will continue to maintain an orientation program that contains written material, oral presentations and site visits. Estimated salaries Data source tooltip for average base salary. He was . This report is not for commercial use. Any such communication may be made on a confidential or anonymous basis, but all communications should contain sufficiently specific information to permit the Audit Committee to pursue the matter. The Committee shall review executive compensation-related stockholder proposals and recommend a Board of Directors response. Browse 6 Executive Assistant to Board Director vacancies live right now in Mid Glamorgan Find Executive Assistant to Board Director jobs in Hampstead Garden Suburb on Jobsite. Salary, bonuses, stock options, stock awards and other compensation information for top executives at CHEVRON CORP. . Total Named Director Compensation: The sum of all dollar values above. The proxy must be sent to every shareholder in advance of the company's annual shareholders meeting. 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. Also, proxies must disclose specific detailed information regarding the pay practices for certain executives. 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. Jeff Ewing. 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 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 . Chevron employees attributed a compensation and benefits rating of 4.0/5 stars to their company. 8. $10,492 came from other types of compensation. Chevron may also be known as or be related to Chevron, Chevron Corp, Chevron Corporation, Chevron Technology Ventures LLC, Pacific Coast Oil Co. 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