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 . Former Member, Rural Human Services Board of Directors 1987-2004 Former Member, Humboldt State University President's Advisory Board 1983-1996 Community Service CHEVRON CORP annual reports of executive compensation and pay are most commonly found in the Def 14a documents. Committee members serve staggered terms enabling Directors to rotate periodically to different Committees. Total Named Director Compensation: The sum of all dollar values above. pdf opens in new window. Managing Director at Nigerian National Petroleum Corporation (NNPC)/ Pioneer Keynote Event Speaker. 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 . $0 was received as change in pension value and nonqualified deferred compensation earnings, In 2017, he took home $49,920 in salary . P.O. John B. Frank made $385,492 in total compensation. 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. 6001 Bollinger Canyon Road 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 Nominating and Governance Committee reviews interested-party communications, including stockholder inquiries, directed to Independent Directors. Browse 6 Executive Assistant to Board Director vacancies live right now in Mid Glamorgan 5% . Board of Directors at its meeting on March 13, 2019, the compensation of Mr. Patrick Pouyann . All proxy statements are public filings made available to the general public by the SEC. Chevron has always put people at the center of the energy conversation. As the CEO and Chairman, Wirth is set to earn $19 million . . . 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. Israel. 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. The estimated salary for a Board of Directors is $68,750 per year in Naperville, IL. 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. Non-employee Directors may not stand for re-election after reaching age 74. The Board oversees the Corporation's strategic and business planning process. The Committee recommends changes to improve the Board, the Board Committees and individual Director effectiveness. The Management Compensation Committee periodically assesses the guidelines and the executive officers' ownership relative to these guidelines, and makes recommendations as appropriate. $112,500 was received as fees earned or paid in cash, 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. 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 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. Also, on 7 th May 2018, Wirth sold 130,000 shares of Chevron 's stock and received $16.6 million. The Board of Directors of Chevron directs the affairs of the corporation and is committed to sound principles of corporate governance. 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. Other Compensation covers all compensation-like awards that don't fit in any of these other standard categories. Still provides a pension, while most employers do not. 20 minutes minimum delay Mar 01, 2023 11:51 AM. $24,298,032. The estimated base pay is $60,172 per year. Non-Stock Incentive Plan Compensation: Cash compensation earned for the achievement of predefined objectives. The proceedings and deliberations of the Board and its Committees are confidential. 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. 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 estimated additional pay is $188,449 per year. They should have sufficient time to effectively carry out their duties. The Board's size is assessed at least annually by the Board Nominating and Governance Committee and changes are recommended to the Board when appropriate. $10,492 came from other types of compensation. Chevron's Board committeemembership is shown below. 2021 MAR. Guided by our vision and values, The Chevron Way, our Board of Directors and Corporate Officers are committed to demonstrating the highest standard of ethics. The Board expects all Directors, as well as officers and employees, to display the highest standard of ethics, consistent with The Chevron Way. 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. Is this useful? 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. The Board expects all Directors, as well as officers and employees, to display the highest standard of ethics, consistent with The Chevron Way. . 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. While the average employee salary at Chevron is $50,184, there is a big variation in pay depending on the role. To learn more about our board members, visit the Board of Directors area of our web site. $0 was received as non-stock incentive plan compensation, This employer has claimed their Employer Profile and is engaged in the Glassdoor community. Nigeria. Mr. Fusco was recruited by Calpine's key shareholders in 2008, just as that company was emerging from bankruptcy. The estimated total pay for a Director at Chevron is $385,179 per year. The Board Nominating and Governance Committee periodically reviews and recommends changes to Board compensation to maintain total compensation that is competitive and appropriate. Ford taps Jon Huntsman Jr., former diplomat to Russia, for board of directors. Know Your Worth. 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. Review the peer group(s) used to evaluate or benchmark executive compensation levels, design practices and relative performance. 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. IBEW/NECA/LMCC: DAVID GOMEZ, Executive Director. 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. 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. 48.36 -0.06. The Corporate Secretary and Chief Governance Officer will compile the communications, summarize lengthy or repetitive communications received and report onresponsessent. 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. New Board Of Directors jobs added daily. Learn about salaries, benefits, salary satisfaction and where you could earn the most. Energy that is affordable, reliable and ever-cleaner. View Jobs at Chevron. Browse 197 Executive Assistant to Board Director vacancies live right now in Hampstead Garden Suburb Change in Pension Value and Nonqualified Deferred Compensation Earnings: The difference between such compensation between the prior year and the current year. The Corporation maintains a list of continuing director education opportunities and all directors are encouraged to periodically attend, at Company expense, director continuing education programs offered by various organizations. A relationship arising solely from a Director's ownership of an equity or limited partnership interest in a party that engages in a transaction with Chevron, so long as the Director's ownership interest does not exceed two percent of the total equity or partnership interest in that other party. 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. Strategy, Policy & Development, executive summary climate change resilience report, new energies: growing our lower carbon businesses. Chevron has always put people at the center of the energy conversation. Jim was appointed President of Solar Turbines and Vice President of . Overview Overview 5.5k Reviews 897 Jobs 6.3k Salaries 972 Interviews 1.6k Benefits 58 Photos. 60,172 per year received as non-stock Incentive Plan compensation: Cash compensation for... Group ( s ) used to evaluate or benchmark executive compensation levels, practices! 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