The world's second-richest person hasn't taken a cash salary since 2019 - when he was paid just $23,760 to comply with the minimum wage laws . Estimated salaries Data source tooltip for average base salary. 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. It also assists the Board of Directors in response to stockholder concerns regarding environmental, social, human rights, political, and public policy matters. 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 Corporate Secretary and Chief Governance Officer will compile the communications, summarize lengthy or repetitive communications received and report onresponsessent. 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. Change in Pension Value and Nonqualified Deferred Compensation Earnings: The difference between such compensation between the prior year and the current year. 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). He was also part of the board of directors at Chevron Phillips Chemical alongside fellow executive representatives for company owners Chevron U.S . The guidelines, in conjunction with the Restated Certificate of Incorporation, By-Laws and Board Committee charters, form the framework for governance of the Corporation. Director since 2018. Between Annual Meetings, the Board may select one or more Directors to serve until the next Annual Meeting. $65,191. CHEVRON CORP annual reports of executive compensation and pay are most commonly found in the Def 14a documents. For those interested in conducting a detailed compensation analysis, we recommend that you review the entire proxy statement. Chevron has always put people at the center of the energy conversation. Committee members serve staggered terms enabling Directors to rotate periodically to different Committees. Chairman of the Board and $51,102. 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 Board oversees management and plans for the succession of key executives. Dr. Moyo earned a bachelor's degree in chemistry and MBA degree in Business Administration from American University, an M.P.A. The estimated total pay for a Operator at Chevron is $74,449 per year. $68,750 . Also, proxies must disclose specific detailed information regarding the pay practices for certain executives. Corporations compensation policies and practices with stockholders interests. Salary, bonuses, stock options, stock awards and other compensation information for top executives at CHEVRON CORP. . Chevron. Chairman of the Board and Chief Executive Officer, Below is a summary of our committee structure and membership information. subscribe to our newsletter to receive news and updates. Board of Directors at its meeting on March 13, 2019, the compensation of Mr. Patrick Pouyann . The Corporation has and will continue to maintain an orientation program that contains written material, oral presentations and site visits. The Chevron board opposed the measure, saying that the company was supporting an approach to achieve the goals of the Paris agreement, the landmark treaty on climate change, "as efficiently and . The Board Nominating and Governance Committee reviews interested-party communications, including stockholder inquiries, directed to Independent Directors. 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. How accurate is this most likely Total Pay range (base + additional) of $300K-$510K/yr? As part of the evaluation, the Committee also invites input on individual director performance. The information shown here is a reporting of information included in the company's proxy statement. 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 Board expects all Directors and executive officers to display confidence in the Corporation by ownership of a significant amount of stock. Total Named Director Compensation: The sum of all dollar values above. As a member of Board of Directors at CHEVRON CORP, Ronald D. Sugar made $425,492 in total compensation. Overview Overview 5.5k Reviews 897 Jobs 6.3k Salaries 972 Interviews 1.6k Benefits 58 Photos. Browse 6 Executive Assistant to Board Director vacancies live right now in Mid Glamorgan 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. All recommendations are brought to the attention of 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. 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. View Jobs at Chevron. 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. A worker with the title team leader salary at Chevron can earn an average yearly salary of $151,958. Jon Huntsman Jr., who ran against Mitt Romney in 2012 for the GOP presidential nomination, has rejoined the board of . 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. Box 29000, Presidio Station San Francisco, CA 94129-9000 Fax: 415-923-2013. Thorough reviews have been conducted to assure this data accurately reflects disclosures. The Business Conduct and Ethics Code is required reading for all directors and employees. 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. Dr. Moyo is on the board of the following organizations in addition to 3M: Chevron Corporation and Conde Nast. All Committees are comprised solely of independent Directors. 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. Overall Benefits Rating.css-11cfy92{color:#0caa41 !important;}.css-11cfy92{color:#0caa41 !important;}4.3. certificate of incorporation Under this policy, ballots, proxy forms and voting instructions returned to brokerage firms, banks and other holders of record are kept confidential. Update - Fatgbems IBB Abeokuta Water Contamination Incident. $0 was received as change in pension value and nonqualified deferred compensation earnings, Coronavirus Tips Working and Protection. Ronald D. Sugar made $425,492 in total compensation. Review the peer group(s) used to evaluate or benchmark executive compensation levels, design practices and relative performance. The estimated salary for a Board of Directors is $68,750 per year in Naperville, IL. Love your next job. The Board Nominating and Governance Committee reviews interested-party communications, including stockholder inquiries, directed to Independent Directors. Change in Pension Value and Nonqualified Deferred Compensation Earnings. The Board Nominating and Governance Committee assists the Board of Directors in defining and assessing qualifications for membership on the Board, identifying qualified candidates, and in devoting appropriate attention and effective response to stockholder concerns regarding corporate governance, among other duties. 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 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. Because we understand that the well-being of people everywhere depends on energy. How much does a Board of Directors make in Bethlehem, PA? The proxy solicitor and the proxy tabulator will disclose information taken from the ballots, proxy forms and voting instructions only in the event of a proxy contest or as otherwise required by law. 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. The Board and each Board Committee have the right at any time to retain outside financial, legal or other advisors. We have exciting capital projects that use innovative technology designed to provide decades of energy. 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. The proceedings and deliberations of the Board and its Committees are confidential. The independent Directors select the Chairman of the Board annually. To read more about any of the committees click on the committee name listed at the top of the table. 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. $10,492 came from other types of compensation. We have exciting capital projects that use innovative technology designed to provide decades of energy. As a member of Board of Directors at CHEVRON CORP , John B. Frank made $385,492 in total compensation. Non-employee Directors receive compensation that is competitive, links rewards to business results and stockholder returns, and facilitates increased ownership of the Corporation's stock. The Board of Directors of Chevron directs the affairs of the corporation and is committed to sound principles of corporate governance. This report is not for commercial use. To learn more about our board members, visit the Board of Directors area of our web site. The proxy must be sent to every shareholder in advance of the company's annual shareholders meeting. Change in Pension Value and Nonqualified Deferred Compensation Earnings. 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 . You may also find the annual proxy statement by going directly to the company's website. Estimated salaries Data source tooltip for average base salary. The Board Nominating and Governance Committee identifies, investigates and recommends prospective directors to the Board with the goal of creating a balance of knowledge, experience and diversity aligned with the long-term interest of stockholders. New Board Of Directors jobs added daily. ELOHOR AIBONI. 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 . 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 . The following shall be the common recurring duties and responsibilities of the Committee in carrying out its purposes. 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. Employee Directors are not paid additional compensation for their services as Directors. The estimated salary for a Board of Directors is $60,979 per year in Springfield, MO. Total Equity aggregates grant date fair value of stock and option awards and long term incentives granted during the fiscal year. San Ramon, CA 94583. 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. Jeff Ewing. Chevron Chairman and Chief Executive Officer Mike Wirth will serve as the chairman of the API's board of directors. 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. Directors should have the highest professional and personal ethics and values, consistent with The Chevron Way and the Business Conduct and Ethics Code, and a commitment to building stockholder value. 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. Glassdoor provides our best prediction for total pay in today's job market, along with other types of pay like cash bonuses, stock bonuses, profit sharing, sales commissions, and tips. 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. Committees. Fees Earned or Paid in Cash: This is the amount of fixed retainers and meeting fees and paid in the form of cash. Nigeria. The sessions are chaired by the Lead Director if the CEO serves as Chairman; otherwise, the sessions are chaired by the Chairman. 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 lowest-paying job at Chevron is a Cashier with a salary of $36,136 per year. First published on Wed 26 May 2021 10.05 EDT. 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. Independent Directors meet in executive session at each regularly scheduled Board meeting. Mandatory retirement for employee Directors is age 65. . Non-Stock Incentive Plan Compensation: Cash compensation earned for the achievement of predefined objectives. 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. 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. 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. Toggle Controversies subsection 5.1 Lago Agrio and Steven Donziger. Browse 197 Executive Assistant to Board Director vacancies live right now in Hampstead Garden Suburb The Board expects all Directors, as well as officers and employees, to display the highest standard of ethics, consistent with The Chevron Way. . 4.5 Current Board of directors. The Board will reconsider any stockholder proposal not supported by the Board that receives a majority of the votes cast at the Annual Meeting at which a quorum is present. 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. Allfour standing Boardcommittees are composed entirely of independent directors. Board of Directors. ExxonMobil shareholders votes to install at least two new independent directors to the company's board. Four- to six-year terms for Committee Chairpersons facilitate rotation of Committee chairpersons while preserving experienced leadership. Mr. Fusco was recruited by Calpine's key shareholders in 2008, just as that company was emerging from bankruptcy. 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. $0 was received as non-stock incentive plan compensation, 8. This information is according to proxy statements filed for the 2021 fiscal year. Additional pay could include bonus, stock, commission, profit sharing or tips. As provided in Chevrons By-Laws, candidates for Directors are elected annually by a majority vote in an uncontested election and by a plurality vote in a contested election. 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