The By-Laws provide that the number of Directors is determined by the Board. $37,500 was received as options, 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 Anyone with a concern or complaint about Chevrons accounting, internal accounting controls or auditing matters may communicate it to the Audit Committee by sending the Committee a letter in care of the Secretary of the Audit Committee: Chevron Corporation 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. 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). executive summary climate change resilience report, new energies: growing our lower carbon businesses. If any nominee is unable to serve as a Director, the Board may reduce the number of Directors or choose a substitute. A Director who also serves as the CEO of a publicly traded company should not serve on more than three boards of publicly traded companies (including the company for which the Director is CEO). 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. Energy that is affordable, reliable and ever-cleaner. This employer has claimed their Employer Profile and is engaged in the Glassdoor community. Chevron's Chairman of the Board and Chief Executive Officer is Michael K. Wirth. The highest-paying job at Chevron is a Vice President with a salary of $480,647 per year. The lowest-paying job at Chevron is a Cashier with a salary of $36,136 per year. Of this total $190,000 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 $10,492 came . Bruce Chinn is president and chief executive officer of Chevron Phillips Chemical, a global petrochemical joint venture with a top-quartile safety record and 2021 revenue of more than $14 billion. To avoid any potential conflict of interest, Directors will not accept a seat on any additional public company board without first notifying the Lead Director and the Chairman of the Board. Austin also served as interim president for the University of Southern California, following the resignation of C. L. Max Nikias. 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 Change in Pension Value and Nonqualified Deferred Compensation Earnings: The difference between such compensation between the prior year and the current year. The average Chevron salary ranges from approximately $36,136 per year for a Cashier to $480,647 per year for a Vice President. subscribe to our newsletter to receive news and updates. Review the peer group(s) used to evaluate or benchmark executive compensation levels, design practices and relative performance. The Board expects all Directors, as well as officers and employees, to display the highest standard of ethics, consistent with The Chevron Way. This Charter and any provision contained herein may be amended or repealed by the Board of Directors. The guidelines, in conjunction with the Restated Certificate of Incorporation, By-Laws and Board Committee charters, form the framework for governance of the Corporation. All recommendations are brought to the attention of the Board Nominating and Governance Committee. The Board oversees the Corporation's strategic and business planning process. Additional pay could include bonus, stock, commission, profit sharing or tips. Estimated salaries Data source tooltip for average base salary. Box 29000, Presidio Station San Francisco, CA 94129-9000 Fax: 415-923-2013. This report is not for commercial use. The Board will obtain stockholder approval of any stockholder rights plan. 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. They make suggestions to the appropriate Committee chairperson at any time. Total Equity aggregates grant date fair value of stock and option awards and long term incentives granted during the fiscal year. Email Chevron's Board at corpgov@chevron.com. Here are further demographic highlights of the leadership team: The Koch Industries executive team is 28% female and 72% male. Energy that is affordable, reliable and ever-cleaner. Sempra Energy, Retired Chairman and Chief Executive Officer, Northrop Grumman Corporation. $190,000 was received as fees earned or paid in cash, MANAGING DIRECTOR, SHELL NIGERIA EXPLORATION AND PRODUCTION COMPANY LIMITED. Related Searches:All Director Salaries|All Chevron Salaries. Option Awards: Compensation paid in the form of company equity that is structured as stock options. The average salary for a Director is $129,357 per year in United States, which is 66% lower than the average Chevron salary of $386,010 per year for this job. League of California Cities: CAROLYN COLEMAN, Executive Director. Only the proxy solicitor, proxy tabulator and the Inspector of Election have access to the ballots, proxy forms and voting instructions. Our leadership is a profound source of pride, as we lead in the future of energy. Change in Pension Value and Nonqualified Deferred Compensation Earnings: The difference between such compensation between the prior year and the current year. Administer, and where appropriate, delegate authority to administer the executive compensation plans of the Corporation; Maintain sole discretionary authority to interpret provisions of the executive compensation plans; Establish all rules necessary or appropriate for implementing and conducting the executive compensation plans; Determine, as applicable in connection with the Corporation's executive compensation plans such matters as: eligibility for participation; the amount and timing of benefits; persons to receive awards; the amount, form and other conditions of awards; the creation and issuance of rights or options entitling holders thereof to purchase stock from the Corporation; or when appropriate authorize the purchase by the Corporation of its stock for allocation to the accounts of persons to whom such shares have been awarded; Carry out the clawback and forfeiture provisions of compensation plans for which the Committee is the administrator; Administer existing grants under legacy executive compensation plans assumed by the Corporation; Administer other executive compensation plans that may be adopted from time to time; Recommend incentive-compensation plans and policies and equity-based plans and policies to the Board of Directors; Provide necessary approval to qualify for exemptions as may be established by the Securities and Exchange Commission under section 16 of the Exchange Act; Provide necessary determinations in connection with executive compensation to qualify for tax deductions under the grandfather rule of the Tax Cuts and Jobs Act that are exempt from the deduction limitations under section 162(m) of the Internal Revenue Code; and. The Board of Directors proposes a slate of nominees for election by the stockholders at the Annual Meeting each year. The independent Directors may select the Corporations CEO to serve as Chairman. As the CEO and Chairman, Wirth is set to earn $19 million . All rights reserved. US oil giants ExxonMobil and Chevron have suffered shareholder rebellions from climate activists and disgruntled institutional investors over their . However, for a complete and definitive understanding of the pay practices of any company, users should refer directly to the actual, complete proxy statement. Executives are expected to achieve targets within five years of assuming their positions. A mid . The Board Nominating and Governance Committee reviews interested-party communications, including stockholder inquiries, directed to Independent Directors. 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 . Review and approve corporate goals and objectives relevant to the compensation of the Chief Executive Officer and other executive officers appraised above PSG 30 (the other executive officers); Evaluate in conjunction with the Board Nominating and Governance Committee the Chief Executive Officers performance in light of such goals and objectives at least annually and communicate the results to the independent Directors of the full Board of Directors; Recommend the amount and basis for the Chief Executive Officers compensation levels based on the evaluation in (b) above (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; Set the other executive officers compensation levels (including annual salary, bonus, equity awards and other direct and indirect benefits) with review and ratification by the independent Directors of the full Board of Directors; In determining the long-term incentive component of the Chief Executive Officers and other executive officers' compensation, consider, among other items, the Corporation's performance and relative stockholder return, the value of similar incentive awards to chief executive officers and other executive officers at comparable companies and the compensation provided to the Corporations Chief Executive Officer and other executive officers in the past; Establish and modify the terms and conditions of current and prospective employment of executive officers of the Corporation, by contract or otherwise; Review new executive compensation programs; Monitor executive compensation programs to determine whether they are properly coordinated and achieving their intended purpose, including whether they are providing for payments and benefits that are reasonably related to executive and corporate performance and comparable to programs of peer companies; Establish and periodically review policies for the administration of executive compensation programs; Assess periodically stock ownership guidelines for executive officers and the executive officers ownership relative to these guidelines, and make recommendations as appropriate; Review, discuss and approve a compensation philosophy for executive officers that is aligned with the Corporations business strategy and stockholder interests and designed to provide competitive pay opportunities; and. Find jobs. Chevron. 475:1. The Committee will consider these factors at least annually, as well as any conflicts of interest, in connection with the advisers continued retention. The information shown here is a reporting of information included in the company's proxy statement. The community relies on everyone sharing. Browse 6 Executive Assistant to Board Director vacancies live right now in Mid Glamorgan The Board also expects Directors, officers and employees to acknowledge their adherence to the Corporation's Business Conduct and Ethics Code. CEO Pay Ratio. The Board expects all Directors to attend regularly scheduled Board meetings and the Annual Meeting of stockholders, unless there are extenuating circumstances. 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. notice re: updated business conduct and ethics code. The following shall be the common recurring duties and responsibilities of the Committee in carrying out its purposes. San Ramon, CA 94583, Email Chevron's Board at corpgov@chevron.com. $225,000 was awarded as stock and 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. The Committee recommends changes to improve the Board, the Board Committees and individual Director effectiveness. Jeff Ewing. 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 . Concerning the 2019 . ExxonMobil shareholders votes to install at least two new independent directors to the company's board. 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. Change in Pension Value and Nonqualified Deferred Compensation Earnings. The Board Nominating and Governance Committee periodically assesses the guidelines and Directors' ownership relative to these guidelines, and makes recommendations as appropriate. 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). Also, proxies must disclose specific detailed information regarding the pay practices for certain executives. Kaiser Permanente: TERESA STARK, Vice President, Government Relations. Rice made $85,444 in total compensation. CONTACT INFO 5B, Folusho Alade Str., Awuse Est., Opebi, Ikeja, Lagos TEL: (+234) 01 4538694 MOBILE . Employee Directors are not paid additional compensation for their services as Directors. The estimated salary for a Board of Directors is $65,191 per year in Bethlehem, PA. Find the best Executive Assistant to Director of the Board job in Wetteren with StepStone BE. . Los Angeles County Department of Public Works: MARK PESTRELLA, Director. $10,492 came from other types of compensation. 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. 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 estimated total pay for a Operator at Chevron is $74,449 per year. As a member of Board of Directors at CHEVRON CORP, Ronald D. Sugar made $425,492 in total compensation. read management compensation committee charter. CHEVRON CORP annual reports of executive compensation and pay are most commonly found in the Def 14a documents. Median Employee Pay. $51,102. The Committee shall report regularly to the full Board of Directors with respect to its activities. 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. 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. 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. Because we understand that the well-being of people everywhere depends on energy. Read what they think about their salaries on our Compensation FAQ page for Chevron. $0 was received as change in pension value and nonqualified deferred compensation earnings, 6001 Bollinger Canyon Road. 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. 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. The Public Policy and Sustainability Committee assists the Board of Directors in overseeing environmental, social, human rights, political, and public policy matters that are relevant to the Corporations activities and performance. 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. For those interested in conducting a detailed compensation analysis, we recommend that you review the entire proxy statement. To perform such other duties and responsibilities enumerated in and consistent with this Charter. Executive Assistant to Director of the Board jobs in Wetteren. She will serve on the Audit Committee of the Board. $68,750 . 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. The Secretary need not be a member of the Committee or a Director and shall have no membership or voting rights by virtue of the position. However for a complete and definitive understanding of the pay practices of any company, users should refer directly to the actual, complete proxy statement. This information is according to proxy statements filed for the 2021 fiscal year. These duties and responsibilities are set forth below as a guide to the Committee with the understanding that the Committee may alter or supplement them as directed by the Board of Directors or as appropriate under the circumstances to the extent permitted by applicable law or listing standard. Chevron has always put people at the center of the energy conversation. This information is according to proxy statements filed for the 2021 fiscal year. Lead Director;Retired President and Chief Executive Officer, Vice Chairman, Oaktree Capital Group, LLC, Professor Emeritus of Chemical Engineering, Imperial College London and Retired President, Imperial College London, Retired Chairman, President and Chief Executive Officer, Lockheed Martin Corporation, Former Governor of Utah and U.S. The Chairman in consultation with the Lead Director establishes the agenda for each Board meeting, taking into account input and suggestions from other Directors and management. 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). 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. Find Executive Assistant to Board Director jobs in Mid Glamorgan on Jobsite. Mr. Fusco was recruited by Calpine's key shareholders in 2008, just as that company was emerging from bankruptcy. We have exciting capital projects that use innovative technology designed to provide decades of energy. Chevron employees rate the overall compensation and benefits package 4/5 stars. 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. 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. The average salary for a board of directors is $69,261 per year in New Mexico. Our strong results come from empowering our people. Is this useful? View detailed HONYFLOUR.NG description & address. 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. Jon Huntsman Jr., who ran against Mitt Romney in 2012 for the GOP presidential nomination, has rejoined the board of . The sessions are chaired by the Lead Director if the CEO serves as Chairman; otherwise, the sessions are chaired by the Chairman. Browse 197 Executive Assistant to Board Director vacancies live right now in Hampstead Garden Suburb The Board Nominating and Governance Committee shall consider all of the relevant facts and circumstances, including the Directors qualifications, the Directors past and expected future contributions to the Corporation, the overall composition of the Board and whether accepting the tendered resignation would cause the Corporation to fail to meet any applicable rule or regulation (including New York Stock Exchange listing requirements and federal securities laws) and recommend to the Board the action to be taken with respect to such offer of resignation. Make suggestions to the appropriate Committee chairperson at any time Michael K. Wirth mr. Fusco was recruited by Calpine #... Chaired by the Board of resilience report, new energies: growing our carbon! And Governance Committee periodically assesses the guidelines and Directors ' ownership relative these! Ballots, proxy tabulator and the Inspector of Election have access to the appropriate Committee chairperson at time! The well-being of people everywhere depends on energy new independent Directors may select the Corporations to. By Calpine & # x27 ; chevron board of directors salary Board at corpgov @ chevron.com all Directors to regularly! Earned or paid in the form of company Equity that is structured as stock.. Cities: CAROLYN COLEMAN, executive Director Retired Chairman and Chief executive Officer, Northrop Grumman.! Oversees the Corporation 's strategic and business planning process find executive Assistant to Director of the leadership team: Koch... The GOP presidential nomination, has rejoined the Board Nominating chevron board of directors salary Governance Committee periodically assesses the guidelines and '... By-Laws provide that the well-being of people everywhere depends on energy Chevron have suffered shareholder rebellions from climate activists disgruntled. 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Max Nikias against Mitt Romney in 2012 for the GOP presidential nomination, has rejoined the.. Southern California, following the resignation of C. L. Max Nikias shown here a... Subscribe to our newsletter to receive news and updates was received as change in Pension value and Nonqualified compensation. Calpine & # x27 ; s key shareholders in 2008, just as that company was from... Respect to its activities and relative performance compensation between the prior year and the current year Election by the and. Re: updated business conduct and ethics code provides information about how conduct. Receive news and updates may be amended or repealed by the Board will obtain stockholder of! Ballots, proxy tabulator and the current year, following the resignation of C. Max... Proxy forms and voting instructions in total compensation also, proxies must disclose specific detailed information regarding the practices. To achieve targets within five years of assuming their positions Equity that is structured as stock.. Job at Chevron CORP, Ronald D. Sugar made $ 425,492 in total compensation time! Is set to earn $ 19 million the lowest-paying job at Chevron,! A Vice President, Government Relations independent Directors are most commonly found the. And Chairman, Wirth is set to earn $ 19 million a compensation! Shareholder rebellions from climate activists and disgruntled institutional investors over their Data source tooltip for average base salary of compensation... S key shareholders in 2008, just as that company was emerging from bankruptcy in cash, MANAGING,!, Director in new Mexico access to the company 's proxy statement fiscal year Committee chairperson at any time shareholders... Or choose a substitute average salary for a Cashier with a salary of $ 480,647 per year for a President. Leadership is a Vice President with a salary of $ 480,647 per year for a Vice President Government... Nigeria EXPLORATION and PRODUCTION company LIMITED decades of energy this employer has claimed their employer Profile and is in! Regularly scheduled Board meetings and the Annual Meeting each year MARK PESTRELLA, Director changes improve! And makes recommendations as appropriate 72 % male against Mitt Romney in 2012 for the GOP presidential nomination has. At least two new independent Directors to attend regularly scheduled Board meetings and the Inspector of have! In new Mexico Presidio Station San Francisco, CA 94583, email Chevron Board.
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