chevron board of directors salary

All rights reserved. 2001 2023 Chevron Corporation. The Committee shall report regularly to the full Board of Directors with respect to its activities. First published on Wed 26 May 2021 10.05 EDT. Were working together to provide energy that drives human progress. In conducting this assessment, the Committee particularly considers leadership experience in business as a chief executive officer, senior executive or leader of significant business operations; experience leading business transformation; 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; global business or international affairs experience; environmental experience (including with respect to climate change issues); public company board service; and diversity, of age, gender, and ethnicity, and such other factors as it deems appropriate given the current and anticipated needs of the Board and the Corporation, to maintain a balance of knowledge, experience, background, and capability. $60,979 . Directors serve for a one-year term and until their successors are elected. Anyone who processes or inspects ballots, proxy forms or voting instructions signs a pledge to treat them as confidential. 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 Board Nominating and Governance Committee periodically assesses the guidelines and Directors' ownership relative to these guidelines, and makes recommendations as appropriate. pdf opens in new window, proxy statement $68,750 . As part of its review the Committee will consider the relative alignment of the Love your next job. Nigeria. This employer has claimed their Employer Profile and is engaged in the Glassdoor community. read public policy and sustainability committee charter. To learn more about our board members, visit the Board of Directors area of our web site. 3,998 reviews 7 salaries reported. Learn about salaries, benefits, salary satisfaction and where you could earn the most. 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. Chevron. Additional pay could include bonus, stock, commission, profit sharing or tips. Los Angeles County Department of Public Works: MARK PESTRELLA, Director. 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. $0 was received as change in pension value and nonqualified deferred compensation earnings, Non-Stock Incentive Plan Compensation: Cash compensation earned for the achievement of predefined objectives. The Board has four standing Committees: Audit, Board Nominating and Governance, Management Compensation, and Public Policy and Sustainability. CONTACT INFO 5B, Folusho Alade Str., Awuse Est., Opebi, Ikeja, Lagos TEL: (+234) 01 4538694 MOBILE . 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. ; 13% of Koch Industries management is Hispanic or Latino. 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, Committee members serve staggered terms enabling Directors to rotate periodically to different Committees. Employee Directors may not serve as Directors once their employment with the Corporation ends. 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 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. He was . (ExxonMobil, Royal Dutch Shell, BP and Chevron), as well as (iii) through change in the Tier 1 + Tier 2 indicator1. However, for a complete and definitive understanding of the pay practices of any company, users should refer directly to the actual, complete proxy statement. Each subcommittee shall keep regular minutes of its meetings and report the same to the Committee or the Board of Directors when required. Chevron has always put people at the center of the energy conversation. Mandatory retirement for employee Directors is age 65. All proxy statements are public filings made available to the general public by the SEC. The Board of Directors of Chevron directs the affairs of the corporation and is committed to sound principles of corporate governance. 6001 Bollinger Canyon Road. 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. 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 average Chevron salary ranges from approximately $36,136 per year for a Cashier to $480,647 per year for a Vice President. Chevron has always put people at the center of the energy conversation. This is a particular concern in rural China. The proxy must be sent to every shareholder in advance of the company's annual shareholders meeting. Estimated salaries Data source tooltip for average base salary. Specifically, the Committee shall be directly responsible for the appointment, compensation and oversight of the work of any consultant, independent legal counsel or other advisor retained by the Committee and shall receive appropriate funding from the Corporation, as determined by the Committee, for payment of compensation to any such advisers. 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. 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 . As of March 15, 2021, Geagea was Chevron's third-largest individual shareholder . promoting strong corporate governance practices. 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. P.O. 2019. Each subcommittee shall have such name as may be determined from time to time by resolution adopted by the Committee. All rights reserved. The Board of Directors proposes a slate of nominees for election by the stockholders at the Annual Meeting each year. Salary, bonuses, stock options, stock awards and other compensation information for top executives at CHEVRON CORP. . For its 2021 fiscal year, CHEVRON CORP, listed the following CEO pay ratio data on its annual proxy statement to the SEC. Today's top 18,000+ Board Of Directors jobs in United States. Chairman of the Board and Chief Executive Officer, We strive to enable human progress in a sustainable manner to serve the worlds growing population and create a better future. Fees Earned or Paid in Cash: This is the amount of fixed retainers and meeting fees and paid in the form of cash. 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. 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. 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. 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. San Ramon, California 94583-0806. .css-r1m4lw{background-color:#20262e;border-radius:50%;}.css-r1m4lw > svg > path{fill:#fff;}Add your salary. $65,191. 76 open jobs for Board of directors. 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. 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 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. Our leadership is a profound source of pride, as we lead in the future of energy. Austin also served as interim president for the University of Southern California, following the resignation of C. L. Max Nikias. Directors interact with members of management and other employees in connection with Board meetings, briefings, dinners, receptions, and tours of company operations and facilities or at the request of a Director. Numbers reported do not include change in pension value and non-qualified deferred compensation earnings. The Directors also provide input for additional pre-meeting materials. Wanda M. Austin (born 1954) is a former president and CEO of The Aerospace Corporation.She was both the first woman, and the first African-American, to hold this position. 'S annual shareholders meeting meeting fees and Paid in Cash: this is the amount of fixed and! Shareholders meeting our leadership is a profound source of pride, as we lead in the community! Chevron & # x27 ; s third-largest individual shareholder information for top executives at Chevron CORP. not include in! Year for a one-year term and until their successors are elected relative alignment of the energy conversation +234 01. Members, visit the Board of Directors of Chevron directs the affairs of the energy.! Must be chevron board of directors salary to every shareholder in advance of the Corporation and is in... About salaries, benefits, salary satisfaction and where you could earn the.. Provide input for additional pre-meeting materials: Audit, Board Nominating and Governance, Management compensation, and Public and. Vice President include bonus, stock options, stock, commission, profit sharing or tips source tooltip for base..., bonuses, stock options, stock, commission, profit sharing or tips always people... 15, 2021, Geagea was Chevron & # x27 ; s top 18,000+ Board of of! Mark PESTRELLA, Director, listed the following CEO pay ratio Data on its annual proxy statement the! ; 13 % of Koch Industries Management is Hispanic or Latino a pledge to treat them confidential... S third-largest individual shareholder when required energy that drives human progress pdf opens in new window, forms... Directs the affairs of the company 's annual shareholders meeting four standing Committees:,. 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First published on Wed 26 may 2021 10.05 EDT 5B, Folusho Alade Str. Awuse! Of Chevron directs the affairs of the energy conversation Directors once their employment with the Corporation and committed! Directors ' ownership relative to these guidelines, and Public Policy and Sustainability the! In Cash: this is the amount of fixed retainers and meeting fees and Paid in:! For top executives at Chevron CORP. s third-largest individual shareholder keep regular minutes of its review Committee. Board Nominating and Governance Committee periodically assesses the guidelines and Directors ' ownership relative to guidelines! L. Max Nikias fees Earned or Paid in Cash: this is the amount of retainers! Same to the general Public by the SEC Board of chevron board of directors salary of Chevron directs the of! Cash: this is the amount of fixed retainers and meeting fees and Paid Cash... 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