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. All Other Compensation: Compensation that is paid in the form of perquisites, such as expense reimbursement. . The Board Nominating and Governance Committee reviews interested-party communications, including stockholder inquiries, directed to Independent Directors. The Board and each Board Committee conduct a self-evaluation annually. The Board Nominating and Governance Committee and the Board review these Corporate Governance Guidelines and related corporate governance documents at least annually and revise as appropriate. 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. Thorough reviews have been conducted to assure this data accurately reflects disclosures. The Board will obtain stockholder approval of any stockholder rights plan. Lancaster Choice Energy: JASON CAUDLE, City Manager. Non-Stock Incentive Plan Compensation: Cash compensation earned for the achievement of predefined objectives. This employer has claimed their Employer Profile and is engaged in the Glassdoor community. How much does a Board of Directors make in Naperville, IL? Know Your Worth. The Directors also provide input for additional pre-meeting materials. Copyright 2008-2023, Glassdoor, Inc. "Glassdoor" and logo are registered trademarks of Glassdoor, Inc. Our leadership is a profound source of pride, as we lead in the future of energy. (ExxonMobil, Royal Dutch Shell, BP and Chevron), as well as (iii) through change in the Tier 1 + Tier 2 indicator1. The Board of Directors oversees and provides policy guidance on the business and affairs of the Corporation. The Board Nominating and Governance Committee periodically assesses the guidelines and Directors' ownership relative to these guidelines, and makes recommendations as appropriate. . 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. Other Compensation covers all compensation-like awards that don't fit in any of these other standard categories. A chairperson of the Committee (the Chairperson) may be designated by the Board of Directors based upon recommendations by the Board Nominating and Governance Committee, if any. The Board oversees the Corporation's strategic and business planning process. Salary, bonuses, stock options, stock awards and other compensation information for top executives at CHEVRON CORP. . Our culture is built upon the principles of responsibility, trust and integrity. Chairman of the Board and Chief Executive Officer, For its 2021 fiscal year, CHEVRON CORP, listed the following CEO pay ratio data on its annual proxy statement to the SEC. New Board Of Directors jobs added daily. 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. This employer has claimed their Employer Profile and is engaged in the Glassdoor community. How much do Chevron employees make? Because this is the first step in care, it affects the entire continuum of care. $0 was received as non-stock incentive plan compensation, The average Chevron hourly pay ranges from approximately $17 per hour for a Cashier to $184 per hour for a Director. CHEVRON CORP income statements for executive base pay and bonus are filed yearly with the SEC in the edgar filing system. Chevron Corporation is an American multinational energy corporation predominantly in oil and gas. The Chairperson shall determine the agenda and shall have unlimited access to management and information. Chevron employees rate the overall compensation and benefits package 4/5 stars. As the CEO and Chairman, Wirth is set to earn $19 million . Chevron Chairman and Chief Executive Officer Mike Wirth will serve as the chairman of the API's board of directors. The information shown here is a reporting of information included in the company's proxy statement. Board Committee members shall be appointed annually by the Board upon the recommendation from the Board Nominating and Governance Committee. Between Annual Meetings, the Board may select one or more Directors to serve until the next Annual Meeting. Energy that is affordable, reliable and ever-cleaner. This information is according to proxy statements filed for the 2021 fiscal year. The Board and each Board Committee have the right at any time to retain outside financial, legal or other advisors. Non-employee Directors may not stand for re-election after reaching age 74. View Jobs at Chevron. Chevron and its employees have a worldwide reputation for conducting business with honesty and integrity. Review the peer group(s) used to evaluate or benchmark executive compensation levels, design practices and relative performance. First published on Wed 26 May 2021 10.05 EDT. CHEVRON CORP annual reports of executive compensation and pay are most commonly found in the Def 14a documents. 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. Is this useful? Coronavirus Tips Working and Protection. Managing Director at Chevron. The Corporate Secretary will compile the communications, summarize lengthy or repetitive communications and forward to the Lead Director or the independent Directors. 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. Stockholders may recommend a nominee by writing to the Corporate Secretary specifying the nominees name and the qualifications for Board membership. 2001 2023 Chevron Corporation. Attn: Secretary, Board Audit Committee .css-r1m4lw{background-color:#20262e;border-radius:50%;}.css-r1m4lw > svg > path{fill:#fff;}Add your salary. Israel. San Ramon, California 94583-0806. 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. WASHINGTON, February 2, 2022 - The American Petroleum Institute (API) today announced that Chevron Chairman and CEO Mike Wirth will serve as chairman of API's Board of Directors for a two-year term. As a member of Board of Directors at CHEVRON CORP , John B. Frank made $385,492 in total compensation. All Committees report regularly to the full Board of Directors with respect to their activities. Leadership. . Our strong results come from empowering our people. The estimated base pay is $196,619 per year. The Board has also established stock ownership guidelines for executive officers of the Corporation. Documents included in this section provide ways for investors to understand the foundation of our corporate governance. San Ramon, CA 94583, Email Chevron's Board at corpgov@chevron.com. Option Awards: Compensation paid in the form of company equity that is structured as stock options. The Board of Directors of Chevron directs the affairs of the corporation and is committed to sound principles of corporate governance. 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 Committee shall perform such other activities and functions related to executive compensation as may be assigned from time to time by the Board of Directors, including, but not limited to, reviewing and discussing, the Corporations strategies and supporting processes for executive retention and diversity and preparing or causing to be prepared any reports or other disclosure required with respect to the Committee by any applicable proxy or other rules of the Securities and Exchange Commission or any applicable listing standards. 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. For those interested in conducting a detailed compensation analysis, we recommend that you review the entire proxy statement. degree from Harvard University and a Ph.D. in Economics from the University of Oxford. He joined Texaco Cameroon in 1987 and was seconded to Texaco Nigeria Limited in 1998, where he held various positions of increasing responsibility within the organization (Texaco - ChevronTexaco-Chervron West-Africa) till 2008 when he was appointed Managing Director of Chevron Ivory Cost in Abidjan. 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. 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. $225,000 was awarded as stock and We strive to enable human progress in a sustainable manner to serve the worlds growing population and create a better future. 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. This Charter and any provision contained herein may be amended or repealed by the Board of Directors. certificate of incorporation The purpose of the Management Compensation Committee (the Committee) of the Board of Directors of Chevron Corporation (the Corporation) is: The Committee shall comprise not fewer than two members of the Board of Directors, as shall be determined from time to time by the Board of Directors based on recommendations from the Board Nominating and Governance Committee, if any. To perform such other duties and responsibilities enumerated in and consistent with this Charter. 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. CEO Pay. Maybe. Of this total The board of directors is made up of seven men and two women who have come under fire in recent months due to an alleged lack of independence. Each standing Committee assesses the adequacy of its charter periodically and recommends changes to the Board Nominating and Governance Committee, as appropriate. Chevron announced that it is cutting up to 7,000 jobs, or 11 percent of its workforce. 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. MANAGING DIRECTOR, SHELL NIGERIA EXPLORATION AND PRODUCTION COMPANY LIMITED. Austin also served as interim president for the University of Southern California, following the resignation of C. L. Max Nikias. Action taken on the proposal will be reported to stockholders in a timely manner. For those interested in conducting a detailed compensation analysis, we recommend that you review the entire proxy statement. 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. 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 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. The average salary for a board of directors is $47,245 per year in Little Rock, AR. 5 Controversies. You may also find the annual proxy statement by going directly to the company's website. Executives are expected to achieve targets within five years of assuming their positions. The Board also expects Directors, officers and employees to acknowledge their adherence to the Corporation's Business Conduct and Ethics Code. The independent Directors select the Chairman of the Board annually. 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. 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. Board of Directors in CHEVRON CORP. For its 2021 fiscal year, CHEVRON CORP, listed the following board members on its annual proxy statement to the SEC. Because we understand that the well-being of people everywhere depends on energy. The Committee shall meet in executive session without the presence of management of the Corporation, as appropriate. Change in Pension Value and Nonqualified Deferred Compensation Earnings: The difference between such compensation between the prior year and the current year. Find Executive Assistant to Board Director jobs in Hampstead Garden Suburb on Jobsite. 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. 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. The Board dedicates at least one Board meeting each year to focus on strategic planning. This information is according to proxy statements filed for the 2021 fiscal year. These procedures can be found on the Chevron website at http://www.chevron.com/investors/corporate-governance. In the absence of such designation, the members of the Committee may designate the Chairperson by majority vote of the full Committee membership. The Corporate Secretary and Chief Governance Officer will compile the communications, summarize lengthy or repetitive communications received and report onresponsessent. 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. 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. We have exciting capital projects that use innovative technology designed to provide decades of energy. 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. 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. The estimated additional pay is $188,449 per year. As a member of Board of Directors at CHEVRON CORP , Donald B. 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. The estimated total pay for a Director at Chevron is $386,010 per year. Anyone who processes or inspects ballots, proxy forms or voting instructions signs a pledge to treat them as confidential. Stock Awards: Compensation paid in the form of company equity that is structured as restricted stock. 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. Learn about salaries, benefits, salary satisfaction and where you could earn the most. 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. You may also find the annual proxy statement by going directly to the company's website. $0 was received as change in pension value and nonqualified deferred compensation earnings, This report is not for commercial use. Ambassador to Russia, China, and Singapore, Senior advisor to Amtrak and Retired Chairman and Chief Executive Officer, Norfolk Southern Corporation, Retired Chairman, Chief Executive Officer and President, 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. The Board annually reviews the CEO performance. 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