Each Director will maintain the confidentiality of all proprietary, privileged or otherwise protected information about the Corporation and other entities that the Director obtains in connection with his or her service as a Director, except where the disclosure is authorized or required by law. The highest-paying job at Chevron is a Vice President with a salary of $480,647 per year. 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 Chevron and its employees have a worldwide reputation for conducting business with honesty and integrity. The Executive Committee of Shell plc is led by Chief Executive Officer (CEO) Wael Sawan. The Board Nominating and Governance Committee periodically reviews and recommends changes to Board compensation to maintain total compensation that is competitive and appropriate. The Corporation has and will continue to maintain an orientation program that contains written material, oral presentations and site visits. Ronald D. Sugar made $425,492 in total compensation. All Committees are comprised solely of independent Directors. Thorough reviews have been conducted to assure this data accurately reflects disclosures. San Ramon, CA 94583, Email Chevron's Board at corpgov@chevron.com. The proxy must be sent to every shareholder in advance of the company's annual shareholders meeting. The Board dedicates at least one Board meeting each year to focus on strategic planning. notice re: updated business conduct and ethics code. 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. $37,500 was received as options, The proceedings and deliberations of the Board and its Committees are confidential. Employee Directors may not serve as Directors once their employment with the Corporation ends. The estimated additional pay is $14,277 per year. Only the proxy solicitor, proxy tabulator and the Inspector of Election have access to the ballots, proxy forms and voting instructions. 2021 MAR. 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 expects all Directors to attend regularly scheduled Board meetings and the Annual Meeting of stockholders, unless there are extenuating circumstances. The Board will obtain stockholder approval of any stockholder rights plan. 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. Learn about salaries, benefits, salary satisfaction and where you could earn the most. Learn about salaries, benefits, salary satisfaction and where you could earn the most. 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The members of the Committee shall be appointed by the Board of Directors upon the recommendation of the Board Nominating and Governance Committee. pdf opens in new window, by-laws 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. 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. 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). Chevron employees attributed a compensation and benefits rating of 4.0/5 stars to their company. The Board also expects Directors, officers and employees to acknowledge their adherence to the Corporation's Business Conduct and Ethics Code. Is this useful? .css-r1m4lw{background-color:#20262e;border-radius:50%;}.css-r1m4lw > svg > path{fill:#fff;}Add your salary. Chairman of the Board and 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. 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. 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. 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. Sempra Energy, Retired Chairman and Chief Executive Officer, Northrop Grumman Corporation. As a member of Board of Directors at CHEVRON CORP, Ronald D. Sugar made $425,492 in total compensation. We have exciting capital projects that use innovative technology designed to provide decades of energy. 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. Find Executive Assistant to Board Director jobs in Mid Glamorgan on Jobsite. Toggle Controversies subsection 5.1 Lago Agrio and Steven Donziger. Anyone who processes or inspects ballots, proxy forms or voting instructions signs a pledge to treat them as confidential. Name. Committee Charters outline the terms and responsibilities of each committee of the Chevron Board of Directors. Board of Directors in CATERPILLAR INC. For its 2021 fiscal year, CATERPILLAR INC, listed the following board members on its annual proxy statement to the SEC. The average salary for a board of directors is $47,245 per year in Little Rock, AR. 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 "Most Likely Range" represents values that exist within the 25th and 75th percentile of all pay data available for this role. As a member of Board of Directors at CHEVRON CORP, Email Chevron's Board at corpgov@chevron.com. The Committee will consider these factors at least annually, as well as any conflicts of interest, in connection with the advisers continued retention. Annually, the Lead Director will lead the independent Directors review of candidates for all senior management positions to assess the candidates who are available for these positions and understand the development plans being utilized to strengthen the skills and qualifications of the candidates. 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. How much do Chevron employees make? Dr. Moyo earned a bachelor's degree in chemistry and MBA degree in Business Administration from American University, an M.P.A. You may also find the annual proxy statement by going directly to the company's website. 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. Our model gets smarter over time as more people share salaries on Glassdoor. Fees Earned or Paid in Cash: This is the amount of fixed retainers and meeting fees and paid in the form of cash. Thorough reviews have been conducted to assure this data accurately reflects disclosures. The average Chevron hourly pay ranges from approximately $17 per hour for a Cashier to $184 per hour for a 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. View Jobs at Chevron. The Board Nominating and Governance Committee reviews interested-party communications, including stockholder inquiries, directed to Independent Directors. Tesla CEO Elon Musk is currently working for free.. 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. 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. Also, proxies must disclose specific detailed information regarding the pay practices for certain executives. $10,492 came from other types of compensation. performance," while Chevron's web site states that board oversight is among the "foundational elements" of the company's "climate -related governance." 8. For those interested in conducting a detailed compensation analysis, we recommend that you review the entire proxy statement. San Ramon, California 94583-0806. She was both the first woman, and the first African-American, to hold this position. Chevron has always put people at the center of the energy conversation. Total Named Director Compensation: The sum of all dollar values above. 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. Our strong results come from empowering our people. 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. The Committee shall meet in executive session without the presence of management of the Corporation, as appropriate. Israel. The Board expects all Directors, as well as officers and employees, to display the highest standard of ethics, consistent with The Chevron Way. 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. certificate of incorporation The estimated base pay is $196,730 per year. Ford creates top role for ex-presidential candidate Jon Huntsman with $1M salary. Motorists line up at an Exxon station in Charlotte, N.C. on May 12, 2021. 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). To learn more about our board members, visit the Board of Directors area of our web site. 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. USAA. $225,000 was awarded as stock and DuPont Board; Contact the Board of Directors; Contact Investor Relations; Email Alerts; FAQ; DowDuPont Investors - Prior to June 1, 2019. All rights reserved. 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. 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. A mid . 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. Interested parties wishing to communicate their concerns or questions about Chevron to the Lead Director or to independent Directors may do so by U.S. mail to Lead Director or to independent Directors, c/o Office of the Corporate Secretary, Chevron Corporation, 6001 Bollinger Canyon Road, San Ramon, CA 94583. This is a particular concern in rural China. Because we understand that the well-being of people everywhere depends on energy. 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 . Because we understand that the well-being of people everywhere depends on energy. The Board of Directors proposes a slate of nominees for election by the stockholders at the Annual Meeting each year. 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. The proxy must be sent to every shareholder in advance of the company's annual shareholders meeting. Coronavirus Tips Working and Protection. To conduct this review, the Board Nominating and Governance and Management Compensation Committee chairpersons gather and consolidate input from all Directors. Stockholders may recommend a nominee by writing to the Corporate Secretary specifying the nominees name and the qualifications for Board membership. 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. Employee Directors are not paid additional compensation for their services as Directors. pdf opens in new window, corporate governance guidelines The Corporate Secretary and Chief Governance Officer will compile the communications, summarize . $65,191. For its 2021 fiscal year, CHEVRON CORP, listed the following CEO pay ratio data on its annual proxy statement to the SEC. Chevron has always put people at the center of the energy conversation. This report is not for commercial use. Today's top 18,000+ Board Of Directors jobs in United States. 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 . Detroit Free Press. 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. ; 11% of the management team is Black or African American. subscribe to our newsletter to receive news and updates. . View detailed CVX description & address. The average Chevron salary ranges from approximately $36,136 per year for, Chevron employees attributed a compensation and benefits rating of 4.0/5 stars to their company. Copyright 2008-2023, Glassdoor, Inc. "Glassdoor" and logo are registered trademarks of Glassdoor, Inc. Any independent Director can request that an executive session be scheduled. . 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. 5% . Other executives include Pierre R. Breber, Vice President and Chief Financial Officer; Rhonda J. Morris, Vice President and Chief Human Resources Officer and 30 others. For its 2021 fiscal year, CHEVRON CORP, listed the following board members on its annual proxy statement to the SEC. Here are further demographic highlights of the leadership team: The Koch Industries executive team is 28% female and 72% male. ; 13% of Koch Industries management is Hispanic or Latino. Were working together to provide energy that drives human progress. The estimated total pay for a Operator at Chevron is $74,449 per year. 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. Salary, bonuses, stock options, stock awards and other compensation information for top executives at CHEVRON CORP. . All rights reserved. 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