The Chairperson shall establish such other rules as may from time to time be necessary and proper for the conduct of the business of the Committee. 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 community relies on everyone sharing. 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. 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. CEO Pay. To read more about any of the committees click on the committee name listed at the top of the table. executive summary climate change resilience report, new energies: growing our lower carbon businesses. He was . All proxy statements are public filings made available to the general public by the SEC. 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. All Other Compensation: Compensation that is paid in the form of perquisites, such as expense reimbursement. 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. All Committees report regularly to the full Board of Directors with respect to their activities. 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. Total Named Director Compensation: The sum of all dollar values above. 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. 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. Oando's Board of Directors serve as the prudent fiduciary for shareholders and is responsible for proper management of the Company. Detroit Free Press. 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. You may also find the annual proxy statement by going directly to the company's website. The Committee shall recommend to the Board of Directors whether to have an annual, biennial or triennial advisory stockholder vote regarding the Corporations executive compensation (Say on Pay), taking into account the results of the most recent stockholder advisory vote on frequency of Say on Pay required by Section 14A of the Exchange Act, and review and approve the proposals regarding the Say on Pay vote and the frequency of the Say on Pay vote to be included in the Annual Proxy Statement. CEO Pay Ratio. $0 was received as non-stock incentive plan compensation, The purpose of the Management Compensation Committee (the "Committee') of the Board of Directors of Chevron Corporation (the "Corporation") is: . In the course of its duties, the Committee shall have the authority, in its sole discretion and at the Corporations expense, to retain (or obtain the advice of), oversee, compensate (including the approval of fees) and terminate any compensation consultant, independent legal counsel or other adviser to the Committee, as the Committee deems advisable. Learn about salaries, benefits, salary satisfaction and where you could earn the most. 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). Notable past and present roles: Berkshire director (2020 - present); General Catalyst chairman and managing director (2018 - present); American Express CEO (2001 - 2018); Facebook director (2018-2020) The proxy must be sent to every shareholder in advance of the company's annual shareholders meeting. As a member of Board of Directors at CHEVRON CORP, The information shown here is a reporting of information included in the company's proxy statement. Median Employee Pay. The estimated salary for a Board of Directors is $65,191 per year in Bethlehem, PA. In 2017, he took home $49,920 in salary . Our strong results come from empowering our people. The Board of Directors of Chevron directs the affairs of the corporation and is committed to sound principles of corporate governance. A mid . How much does a Board of Directors make in Springfield, MO? 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. $65,191. 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. 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. Jim was appointed President of Solar Turbines and Vice President of . 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 This employer has claimed their Employer Profile and is engaged in the Glassdoor community. The information shown here is a reporting of information included in the company's proxy statement. None of these persons is a Chevron employee. The estimated additional pay is $189,391 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. USAA. 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. As the CEO and Chairman, Wirth is set to earn $19 million . The Board has structured its compensation to strive to result in ownership of at least seven times the annual cash retainer amount or 15,000 shares of stock or stock units after five years of service as a Director. Maybe. 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. CHEVRON CORP income statements for executive base pay and bonus are filed yearly with the SEC in the edgar filing system. How much does a Board of Directors make in Naperville, IL? 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. We have exciting capital projects that use innovative technology designed to provide decades of energy. The average Chevron hourly pay ranges from approximately $17 per hour for a Cashier to $184 per hour for a Director. In addition to regularly scheduled meetings, unscheduled Board meetings may be called, upon proper notice, at any time to address specific needs of the Corporation. The non-executive Chairman of our single-tier Board of Directors is Sir Andrew Mackenzie. The Committee shall review executive compensation-related stockholder proposals and recommend a Board of Directors response. Today's top 18,000+ Board Of Directors jobs in United States. Jim Umpleby is Chairman of the Board of Directors and Chief Executive Officer of Caterpillar Inc. Jim joined Solar Turbines, a Caterpillar subsidiary, in 1980 as an associate engineer. Each standing Committee operates under a written charter that sets forth the purposes and responsibilities of the Committee as well as qualifications for Committee membership. The Board annually reviews the CEO performance. In his 40 years with the company, he has gained extensive industry and international experience through a wide variety of leadership roles. purpose. IBEW/NECA/LMCC: DAVID GOMEZ, Executive Director. The Board of Directors of Chevron directs the affairs of the corporation and is committed to sound principles of corporate governance. 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. 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. 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. These procedures can be found on the Chevron website at http://www.chevron.com/investors/corporate-governance. Non-employee Directors may not stand for re-election after reaching age 74. A worker with the title team leader salary at Chevron can earn an average yearly salary of $151,958. 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. 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. 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. 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 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. 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. Our strong results come from empowering our people. 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. In addition, various elements of strategy are discussed at every regular Board meeting, as well as at meetings of the Boards Committees. Tesla CEO Elon Musk is currently working for free.. 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. 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