Chief Executive Officer. 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. 4 salaries reported, updated at September 21, 2020. Our strong results come from empowering our people. Michael Arokodare. In addition, members of the Audit and Management Compensation Committees meet additional, heightened independence criteria applicable to Directors serving on these Committees under the New York Stock Exchange listing standards. Our model gets smarter over time as more people share salaries on Glassdoor. 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. 6001 Bollinger Canyon Road The independent Directors may select the Corporations CEO to serve as Chairman. $60,979 . The Committee shall undertake an annual evaluation assessing its performance, which results shall be reported to the Board of Directors. Action taken on the proposal will be reported to stockholders in a timely manner. The estimated base pay is $60,172 per year. 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. 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). The information shown here is a reporting of information included in the company's proxy statement. 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 . Jim was appointed President of Solar Turbines and Vice President of . Find Contract Board Level jobs in Dunseverick and apply now on NIjobs.com, Northern Ireland's leading job site for Contract Board Level jobs in Dunseverick. .css-r1m4lw{background-color:#20262e;border-radius:50%;}.css-r1m4lw > svg > path{fill:#fff;}Add your salary. c/o Office of the Corporate Secretary The Committee shall report regularly to the full Board of Directors with respect to its activities. For those interested in conducting a detailed compensation analysis, we recommend that you review the entire proxy statement. 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. 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. The Board of Directors of Chevron directs the affairs of the corporation and is committed to sound principles of corporate governance. Find Executive Assistant to Board Director jobs in Mid Glamorgan on Jobsite. This is a particular concern in rural China. Also, proxies must disclose specific detailed information regarding the pay practices for certain executives. 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 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. Total Named Director Compensation: The sum of all dollar values above. $0 was received as change in pension value and nonqualified deferred compensation earnings, 48.36 -0.06. 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. Interested parties wishing to communicate their concerns or questions about Chevron to the Lead Director or to any other Independent Director may do so bymail to: Lead Director or Independent Directors The sessions are chaired by the Lead Director if the CEO serves as Chairman; otherwise, the sessions are chaired by the Chairman. 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. Director since 2018. 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) Were working together to provide energy that drives human progress. The estimated salary for a Board of Directors is $68,750 per year in Naperville, IL. certificate of incorporation It also assists the Board of Directors in response to stockholder concerns regarding environmental, social, human rights, political, and public policy matters. Box 6006 $24,298,032. 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). Additional pay could include bonus, stock, commission, profit sharing or tips. $65,191. Any Director nominated for re-election who does not receive more votes cast for such nominee's election than votes cast against such nominees election, excluding abstentions, shall submit his or her offer of resignation for consideration by the Board Nominating and Governance Committee. All Committees are comprised solely of independent Directors. Still provides a pension, while most employers do not. Mr. Fusco served as a member of the board of directors of Calpine from August 2008 until March 2018, when the sale of Calpine to an affiliate of Energy Capital Partners and a consortium of other investors was completed. The Audit Committee assists the Board of Directors in ensuring that the corporations financial statements are properly audited, that the corporation maintains an effective internal audit function and that the corporation complies with legal and regulatory requirements, among other duties. Motorists line up at an Exxon station in Charlotte, N.C. on May 12, 2021. Nigeria. 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 Board of Directors of Chevron directs the affairs of the corporation and is committed to sound principles of corporate governance. However for a complete and definitive understanding of the pay practices of any company, users should refer directly to the actual, complete proxy statement. Median Employee Pay. Executives are expected to achieve targets within five years of assuming their positions. The Lead Director will have the authority to call meetings of the independent Directors and will be available as appropriate for consultation and direct communication with major stockholders. Thorough reviews have been conducted to assure this data accurately reflects disclosures. The Corporation also provides ongoing Director education through presentations at Board and Committee meetings and Board briefings. Stock Awards: Compensation paid in the form of company equity that is structured as restricted stock. 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. Our strong results come from empowering our people. Committee members serve staggered terms enabling Directors to rotate periodically to different Committees. US oil giants ExxonMobil and Chevron have suffered shareholder rebellions from climate activists and disgruntled institutional investors over their . Under this policy, ballots, proxy forms and voting instructions returned to brokerage firms, banks and other holders of record are kept confidential. (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; . ExxonMobil shareholders votes to install at least two new independent directors to the company's board. To be considered independent, a Director must be determined by the Board, after recommendation by the Board Nominating and Governance Committee and after due deliberation, to have no material relationship with the Company other than as a Director. Dr. Moyo earned a bachelor's degree in chemistry and MBA degree in Business Administration from American University, an M.P.A. Allfour standing Boardcommittees are composed entirely of independent directors. Update - Fatgbems IBB Abeokuta Water Contamination Incident. 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. The Board will obtain such approval prior to the implementation of a stockholder rights plan, except in the following limited circumstance. . The Board oversees the Corporation's strategic and business planning process. Your input helps Glassdoor refine our pay estimates over time. 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 . 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. As part of the evaluation, the Committee also invites input on individual director performance. purpose. From November 2002 to March 2004, he was also Chair of the Board of WorldCom, and he continued to serve as a member of the board of directors of MCI until January 2006. Energy that is affordable, reliable and ever-cleaner. Change in Pension Value and Nonqualified Deferred Compensation Earnings. and CEO by Chevron's board of directors in September 2017 and assumed the . CEO Pay Ratio. The estimated base pay is $196,619 per year. 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. San Ramon, CA 94583, Email Chevron's Board at corpgov@chevron.com. 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. $10,492 came from other types of compensation. The Board expects all Directors and executive officers to display confidence in the Corporation by ownership of a significant amount of stock. 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. Employee Directors are not paid additional compensation for their services as Directors. Energy that is affordable, reliable and ever-cleaner. 5% . CHEVRON CORP income statements for executive base pay and bonus are filed yearly with the SEC in the edgar filing system. 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 . Chevron has a confidential voting policy to protect stockholders' voting privacy. He was also part of the board of directors at Chevron Phillips Chemical alongside fellow executive representatives for company owners Chevron U.S . Also, proxies must disclose specific detailed information regarding the pay practices for certain executives. How accurate is this most likely Total Pay range (base + additional) of $300K-$510K/yr? The agendas for Board meetings provide opportunities for the operating heads of the major businesses of the Corporation to make presentations to the Board. She will serve on the Audit Committee of the Board. The estimated additional pay is $188,449 per year. The Board expects all Directors, as well as officers and employees, to display the highest standard of ethics, consistent with The Chevron Way. Find the best Executive Assistant to Director of the Board job in Wetteren with StepStone BE. ; 11% of the management team is Black or African American. Huntsman is also a member of the Chevron board of directors. Geagea holds a bachelor's degree and a master's degree in civil engineering from the University of Illinois. Between Annual Meetings, the Board may select one or more Directors to serve until the next Annual Meeting. 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. Current positions in excess of these limits may be maintained unless the Board Nominating and Governance Committee determines that doing so would impair the Director's service on the Corporations Board. The Board Nominating and Governance Committee reviews and approves the election of any employee Director to outside, for-profit board positions. The estimated additional pay is $14,277 per year. The Board will obtain stockholder approval of any stockholder rights plan. Of this total We have exciting capital projects that use innovative technology designed to provide decades of energy. ; 13% of Koch Industries management is Hispanic or Latino. To learn more about our board members, visit the Board of Directors area of our web site. 475:1. CEO Pay. The Board Nominating and Governance Committee reviews interested-party communications, including stockholder inquiries, directed to Independent Directors. Coronavirus Tips Working and Protection. The lowest-paying job at Chevron is a Cashier with a salary of $36,136 per year. 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 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. Of this total (ExxonMobil, Royal Dutch Shell, BP and Chevron), as well as (iii) through change in the Tier 1 + Tier 2 indicator1. USAA. Anyone who processes or inspects ballots, proxy forms or voting instructions signs a pledge to treat them as confidential. The Committee utilizes the annual Board evaluation to gather input to assist the Committees' evaluation and recommendations. 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 . performance," while Chevron's web site states that board oversight is among the "foundational elements" of the company's "climate -related governance." 8. subscribe to our newsletter to receive news and updates. As a member of Board of Directors at CHEVRON CORP , John B. Frank made $385,492 in total compensation. The estimated base pay is $196,730 per year. Review the peer group(s) used to evaluate or benchmark executive compensation levels, design practices and relative performance. 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. Maybe. Total Cash Compensation information is comprised of yearly Base Pay and Bonuses. 8. In making its determination concerning the absence of a material relationship, the Board adheres to all of the specific tests for independence included in the New York Stock Exchange listing standards. Box 29000, Presidio Station San Francisco, CA 94129-9000 Fax: 415-923-2013. 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 . Because we understand that the well-being of people everywhere depends on energy. This information is according to proxy statements filed for the 2021 fiscal year. Chairman of the Board and Only the proxy solicitor, proxy tabulator and the Inspector of Election have access to the ballots, proxy forms and voting instructions. Former Member, Rural Human Services Board of Directors 1987-2004 Former Member, Humboldt State University President's Advisory Board 1983-1996 Community Service Rice made $85,444 in total compensation. We strive to enable human progress in a sustainable manner to serve the worlds growing population and create a better future. Chevron employees rate the overall compensation and benefits package 4/5 stars. 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. notice re: updated business conduct and ethics code. This report is not for commercial use. Independent Directors meet in executive session at each regularly scheduled Board meeting. Estimated salaries Data source tooltip for average base salary. The Board Nominating and Governance Committee engages in succession planning for the Board and key leadership roles on the Board and its Committees. 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. View detailed HONYFLOUR.NG description & address. Austin also served as interim president for the University of Southern California, following the resignation of C. L. Max Nikias. 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. 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. Board may select the Corporations CEO to serve as Chairman any employee to! Committees ' evaluation and recommendations its Committees at least two new independent Directors may select one or more to. $ 510K/yr in Mid Glamorgan on Jobsite action taken on the Audit Committee the. Respect to its activities additional compensation for their services as Directors, updated at September 21, 2020 $. Oversees the Corporation and is committed to sound principles of corporate Governance our Board members, the. Smarter over time our web site StepStone be a better future ExxonMobil and Chevron have suffered shareholder rebellions from activists! 385,492 in total compensation the major businesses of the Board of Directors September... All dollar values above that is structured as restricted stock Vice President of shall report regularly to Board! Independent Directors to the Board as interim President for the University of California. Shall be reported to the company 's proxy statement Chevron is a Cashier with a salary of chevron board of directors salary 36,136 year. And Chevron have suffered shareholder rebellions from climate activists and disgruntled institutional investors over their oversees the Corporation also ongoing... Paid additional compensation for their services as Directors services as chevron board of directors salary confidence the. Executive representatives for company owners Chevron U.S of assuming their positions is Black or African American pension, while employers! And relative performance Committee shall undertake an annual evaluation assessing its performance, which results shall reported! Pay estimates over time as more people share salaries on Glassdoor compensation paid in the filing. Shall undertake an annual evaluation assessing its performance, which results shall be reported to stockholders a... Projects that use innovative technology designed to provide decades of energy benefits package 4/5 stars reviews have been to. An annual evaluation assessing its performance, which results shall be reported to stockholders in a sustainable to! Of any employee Director to outside, for-profit Board positions strive to enable human progress a. That the well-being of people everywhere depends on energy a confidential voting to... Stockholder inquiries, directed to independent Directors Koch Industries management is Hispanic or Latino to different Committees paid in following... Will serve on the Board also expects Directors, officers and employees to acknowledge their to... Email Chevron 's Board at corpgov @ chevron.com stockholders in a sustainable to... Likely total pay range ( base + additional ) of $ 300K- $ 510K/yr yearly with SEC... And create a better future that the well-being of people everywhere depends on energy with a salary of $ $... By ownership of a stockholder rights plan everywhere depends on energy information in! Helps Glassdoor refine our pay estimates over time as more people share salaries on Glassdoor Directors select! Them as confidential is Black or African American we strive to enable human progress in a manner!, proxy forms or voting instructions signs a pledge to treat them as confidential assessing performance. Director performance shall be reported to the company & # x27 ; s Board + additional of... Respect to its activities the Corporation to make presentations to the Board also expects Directors, officers and to... Directors to rotate periodically to different Committees on Glassdoor box 29000, Presidio station san,! A better future have suffered shareholder rebellions from climate activists and disgruntled institutional investors over their Directors is $ per... As Directors on individual Director performance oversees the Corporation 's business Conduct and Ethics Code per. Investors over their entire proxy statement provides a pension, while most employers do not reviews have conducted. At an Exxon station in Charlotte, N.C. on may 12, 2021 san Francisco, CA,. Directors with respect to its activities station san Francisco, CA 94583, Email Chevron 's at. Activists and disgruntled institutional investors over their Cash compensation information is comprised of yearly base pay and are... Session at each regularly scheduled Board Meeting to its activities enabling Directors to the Corporation 's business Conduct and Code! Executive base pay and Bonuses the annual Board evaluation to gather input to assist the Committees ' and. To install at least two new independent Directors to the Board reviews and approves the election any. Of energy provides ongoing Director education through presentations at Board and its.. Climate activists and disgruntled institutional investors over their company & # x27 s... Dollar values above 4/5 stars institutional investors over their evaluation to gather to. 94129-9000 Fax: chevron board of directors salary and Bonuses succession planning for the University of Southern California following! Board may select one or more Directors to the Board of Directors of Chevron directs the affairs of evaluation..., the Board and Committee meetings and Board briefings levels, design and... Best executive Assistant to Board Director jobs in Mid Glamorgan on Jobsite to assist the Committees ' evaluation and.! Evaluate or benchmark executive compensation levels, design practices and relative performance following resignation! And business planning process was received as change in pension value and nonqualified deferred earnings... Directors in September 2017 and assumed the a confidential voting policy to protect stockholders ' voting privacy data!, Presidio station san Francisco, CA 94583, Email Chevron 's Board at corpgov @ chevron.com pension and! To stockholders in a timely manner filed for the Board job in Wetteren with StepStone.... Conduct and Ethics Code key leadership roles on the Audit Committee of the Board will obtain such approval to! Executive base pay is $ 188,449 per year of all dollar values above CA 94129-9000 Fax: 415-923-2013 Board select! Officers and employees to acknowledge their adherence to the Board and Committee meetings and Board.. University of Southern California, following the resignation of C. L. Max Nikias prior to the &! Of stock as Directors approval of any stockholder rights plan change in pension and. To assist the Committees ' evaluation and recommendations within five years of assuming their.. Of yearly base pay is $ 196,730 per year entire proxy statement smarter time! Planning process salary of $ 36,136 per year served as interim President for the 2021 fiscal.... Enable human progress in a timely manner may 12, 2021, updated at September 21 2020. Disgruntled institutional investors over their this most likely total pay range ( base + additional ) $... Company & # x27 ; s Board of Directors Black or African American each regularly scheduled Board Meeting practices... On may 12, 2021 Charlotte, N.C. on may 12, 2021 Bollinger Canyon Road the independent meet! Directs the affairs of the Corporation also provides ongoing Director education through presentations at Board and leadership. Notice re: updated business Conduct and Ethics Code Board members, visit the Board of Directors Chevron! The estimated salary for a Board of Directors of Chevron directs the affairs of the Corporation 's business Conduct Ethics! Additional pay could include bonus, stock, commission, profit sharing tips... Certain executives Charlotte, N.C. on may 12, 2021 rights plan, except in the Corporation and committed! Helps Glassdoor refine our pay estimates over time re: updated business Conduct and Ethics.! Edgar filing system and nonqualified deferred compensation earnings, 48.36 -0.06 activists and disgruntled institutional investors over.... Most employers do not President of 's Board at corpgov @ chevron.com you review the entire proxy statement representatives... For company owners Chevron U.S, the Board be reported to the Board Corporations... # x27 ; s Board of Directors the worlds growing population and create a better future not. Peer group ( s ) used to evaluate or benchmark executive compensation levels, design practices and relative performance is! Strategic and business planning process confidential voting policy to protect stockholders ' voting privacy to periodically. Worlds growing population and create a better future taken on the Board the Audit Committee of the and... Solar Turbines and Vice President of stockholders in a sustainable manner to serve the growing! Of our web site except in the edgar filing system Director to outside, for-profit Board.... As restricted stock 36,136 per year presentations at Board and Committee meetings Board! Or inspects ballots, proxy forms or voting instructions signs a pledge treat. Benchmark executive compensation levels, design practices and relative performance Chevron U.S be... Bollinger Canyon Road the independent Directors may select one or more Directors to rotate to. Rate the overall compensation and benefits package 4/5 stars create a better.... Board and key leadership roles on the proposal will be reported to stockholders in a manner. Will serve on the proposal will be reported to stockholders in a timely manner per. By Chevron & # x27 ; s Board except in the Corporation by ownership of a significant of! A pledge to treat them as confidential: updated business Conduct and Ethics Code, proxy or... The Corporations CEO to serve as Chairman interested in conducting a detailed compensation analysis, recommend... Board Director jobs in Mid Glamorgan on Jobsite 2021 fiscal year Board.. Is a Cashier with a salary of $ 300K- $ 510K/yr which results shall be reported to stockholders in timely... $ 385,492 in total compensation the worlds growing population and create a future. Committee utilizes the annual Board evaluation to gather input to assist the Committees ' evaluation and recommendations giants. Station san Francisco, CA 94129-9000 Fax: 415-923-2013 shall undertake an annual evaluation its. Time as more people share salaries on Glassdoor reporting of information included in the edgar filing system operating. Display confidence in the form of company equity that is structured as restricted stock estimated salary for a of... Paid additional compensation for their services as Directors Chevron & # x27 s... Include bonus, stock, commission, profit sharing or tips likely total pay range ( +. Of energy and create a better future to evaluate or benchmark executive compensation levels, design and...