The Board expects all Directors, as well as officers and employees, to display the highest standard of ethics, consistent with The Chevron Way. Of this total $112,500 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, $37,500 was received as . 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. If any nominee is unable to serve as a Director, the Board may reduce the number of Directors or choose a substitute. 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. For its 2021 fiscal year, CHEVRON CORP, listed the following CEO pay ratio data on its annual proxy statement to the SEC. They should have business acumen and broad experience and expertise at the policy-making level in one or more of the areas of particular consideration below and should be able to provide insights and practical wisdom based on their experience or expertise. 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. 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. The Board is made up of eleven (11) individuals from diverse academic and professional backgrounds of which six (6) are non-executive directors. All Other Compensation: Compensation that is paid in the form of perquisites, such as expense reimbursement. USAA. This report is not for commercial use. 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. For those interested in conducting a detailed compensation analysis, we recommend that you review the entire proxy statement. We strive to enable human progress in a sustainable manner to serve the worlds growing population and create a better future. 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. How much do Chevron employees make? Former Member, Rural Human Services Board of Directors 1987-2004 Former Member, Humboldt State University President's Advisory Board 1983-1996 Community Service The lowest-paying job at Chevron is a Cashier with a salary of $36,136 per year. Email Chevron's Board at corpgov@chevron.com. ; 71% of the management team is White. Our strong results come from empowering our people. Interested parties wishing to communicate their concerns or questions about Chevron to the Lead Director or to any other Independent Director may do so bymail to: Lead Director or Independent Directors It also assists the Board of Directors in response to stockholder concerns regarding environmental, social, human rights, political, and public policy matters. 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. 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). Total Named Director Compensation: The sum of all dollar values above. The Committee shall review executive compensation-related stockholder proposals and recommend a Board of Directors response. Company profile for Chevron Corp. including key executives, insider trading, ownership, revenue and average growth rates. Chevron and its employees have a worldwide reputation for conducting business with honesty and integrity. c/o Office of the Corporate Secretary 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. 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. .css-r1m4lw{background-color:#20262e;border-radius:50%;}.css-r1m4lw > svg > path{fill:#fff;}Add your salary. It monitors overall corporate performance, the integrity of the Corporation's financial controls and the effectiveness of its legal compliance and enterprise risk management programs. Find jobs. The Board Nominating and Governance Committee periodically reviews and recommends changes to Board compensation to maintain total compensation that is competitive and appropriate. Know Your Worth. The Committee shall undertake an annual evaluation assessing its performance, which results shall be reported to the Board of Directors. 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. Jon Huntsman Jr., who ran against Mitt Romney in 2012 for the GOP presidential nomination, has rejoined the board of . 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 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. Ford taps Jon Huntsman Jr., former diplomat to Russia, for board of directors. 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 sessions are chaired by the Lead Director if the CEO serves as Chairman; otherwise, the sessions are chaired by the Chairman. 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. Directors are encouraged and provided opportunities to talk directly to any member of management or any other employee regarding any questions or concerns the Director may have. This information is according to proxy statements filed for the 2021 fiscal year. pdf opens in new window, by-laws How much does a Board of Directors make in Bethlehem, PA? Company profile for Honeywell Flour Mills PLC including key executives, insider trading, ownership, revenue and average growth rates. For its 2021 fiscal year, CHEVRON CORP, listed the following board members on its annual proxy statement to the SEC. The Committee recommends changes to improve the Board, the Board Committees and individual Director effectiveness. Our strong results come from empowering our people. Talking about his salary, in 2018, he was paid $1.5 million per month; as a total, he reportedly received $15 million including compensation, stock awards and more as an annual payment. Attn: Secretary, Board Audit Committee The entire Committee or any individual Committee member may be removed from office with or without cause by the affirmative vote of a majority of the Board of Directors. We have exciting capital projects that use innovative technology designed to provide decades of energy. Coronavirus Tips Working and Protection. We strive to enable human progress in a sustainable manner to serve the worlds growing population and create a better future. In addition, members of the Audit and Management Compensation Committees meet additional, heightened independence criteria applicable to Directors serving on these Committees under the New York Stock Exchange listing standards. 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 estimated total pay for a Director at Chevron is $385,179 per year. The average salary for a board of directors is $47,245 per year in Little Rock, AR. P.O. How accurate is this most likely Total Pay range (base + additional) of $300K-$510K/yr? The Board of Directors of Chevron directs the affairs of the corporation and is committed to sound principles of corporate governance. Below is a summary of our committee structure and membership information. The Board expects all Directors and executive officers to display confidence in the Corporation by ownership of a significant amount of stock. The independent Directors may select the Corporations CEO to serve as Chairman. 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 Update - Fatgbems IBB Abeokuta Water Contamination Incident. League of California Cities: CAROLYN COLEMAN, Executive Director. The estimated base pay is $196,730 per year. Additional pay could include bonus, stock, commission, profit sharing or tips. Love your next job. The Board's Audit Committee periodically reviews compliance with this Code. Because this is the first step in care, it affects the entire continuum of care. 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. Our leadership is a profound source of pride, as we lead in the future of energy. Sempra Energy, Retired Chairman and Chief Executive Officer, Northrop Grumman Corporation. 2001 2023 Chevron Corporation. Chevron announced that it is cutting up to 7,000 jobs, or 11 percent of its workforce. read management compensation committee charter. He was . performance," while Chevron's web site states that board oversight is among the "foundational elements" of the company's "climate -related governance." 8. Great health benefit plan, but certain medical consultants are excluded., Learn How to State Your Case and Earn Your Raise, Climb the Ladder With These Proven Promotion Tips, A Guide to Negotiating the Salary You Deserve, How to Prepare for Your Interview and Land the Job. Los Angeles County Department of Public Works: MARK PESTRELLA, Director. 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. Tesla CEO Elon Musk is currently working for free.. Jeff Ewing. 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. 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. Total Named Director Compensation: The sum of all dollar values above. Four- to six-year terms for Committee Chairpersons facilitate rotation of Committee chairpersons while preserving experienced leadership. Were working together to provide energy that drives human progress. ; 13% of Koch Industries management is Hispanic or Latino. The Board Nominating and Governance Committee periodically assesses the guidelines and Directors' ownership relative to these guidelines, and makes recommendations as appropriate. These guidelines have been adopted by the Chevron Board of Directors. The following shall be the common recurring duties and responsibilities of the Committee in carrying out its purposes. Name. Read what they think about their salaries on our Compensation FAQ page for Chevron. Maybe. Read what they think about their salaries on our Compensation FAQ page for , Get started with your Free Employer Profile, Facilities Engineer salaries - 184 salaries reported, Petroleum Engineer salaries - 171 salaries reported, Software Engineer salaries - 117 salaries reported, Programmer Analyst salaries - 116 salaries reported, Financial Analyst salaries - 113 salaries reported, Reservoir Engineer salaries - 111 salaries reported, Process Engineer salaries - 105 salaries reported, Business Analyst salaries - 91 salaries reported, Project Manager salaries - 86 salaries reported, Customer Service Representative salaries - 69 salaries reported, Drilling Engineer salaries - 69 salaries reported, IT Professional salaries - 62 salaries reported, Reservoir Simulation Engineer salaries - 58 salaries reported, Research Scientist salaries - 53 salaries reported, Geologist salaries - 50 salaries reported, Sales Associate/Cashier salaries - 49 salaries reported. Chevron has always put people at the center of the energy conversation. 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. The Committee utilizes the annual Board evaluation to gather input to assist the Committees' evaluation and recommendations. Thorough reviews have been conducted to assure this data accurately reflects disclosures. . In conducting this assessment, the Committee particularly considers leadership experience in business as a chief executive officer, senior executive or leader of significant business operations; experience leading business transformation; expertise in science, technology, engineering, research, or academia; extensive knowledge of governmental, regulatory, legal, or public policy issues; expertise in finance, financial disclosure, or financial accounting; global business or international affairs experience; environmental experience (including with respect to climate change issues); public company board service; and diversity, of age, gender, and ethnicity, and such other factors as it deems appropriate given the current and anticipated needs of the Board and the Corporation, to maintain a balance of knowledge, experience, background, and capability. Chevron Corporation Objective (s): To assess the routine HIV testing completeness and treatment initiation . 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. Approve equity compensation plans not subject to stockholder approval under applicable listing standards. 3,998 reviews 7 salaries reported. 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. 475:1. A mid . 3.8. 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. If stockholder approval is not obtained, the rights plan would terminate not later than 30 days after the vote has been certified by the inspector of elections. . Overall Benefits Rating.css-11cfy92{color:#0caa41 !important;}.css-11cfy92{color:#0caa41 !important;}4.3. Chevron has always put people at the center of the energy conversation. This employer has claimed their Employer Profile and is engaged in the Glassdoor community. Non-Stock Incentive Plan Compensation: Cash compensation earned for the achievement of predefined objectives. Non-employee Directors may not stand for re-election after reaching age 74. While the average employee salary at Chevron is $50,184, there is a big variation in pay depending on the role. Change in Pension Value and Nonqualified Deferred Compensation Earnings. 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. Get a free, personalized salary estimate based on today's job market. Fees Earned or Paid in Cash: This is the amount of fixed retainers and meeting fees and paid in the form of cash. Coronavirus Tips Working and Protection, For its 2021 fiscal year, CHEVRON CORP, listed the following executives on its annual proxy statement to the SEC. Total Cash Compensation information is comprised of yearly Base Pay and Bonuses. Each independent Director generally serves on one or two Committees. 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 independent Directors select the Chairman of the Board annually. In addition, each member shall qualify as a non-employee director as such term is defined in section 16 of the Securities Exchange Act of 1934, as amended (the Exchange Act), and the rules and regulations promulgated thereunder, or any successor provisions thereto, and unless otherwise determined by the Board of Directors, each member shall qualify as an "outside director" within the meaning of Section 162(m) of the Internal Revenue Code of 1986 (as amended) to the extent deemed necessary to qualify for transition relief under Section 162(m) and the regulations proposed or promulgated thereunder or any successor provisions thereto. Learn about salaries, benefits, salary satisfaction and where you could earn the most. The Board of Directors oversees and provides policy guidance on the business and affairs of the Corporation. In 2017, he took home $49,920 in salary . Your input helps Glassdoor refine our pay estimates over time. Ford creates top role for ex-presidential candidate Jon Huntsman with $1M salary. 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. Of this total The Board Nominating and Governance Committee reviews and approves the election of any employee Director to outside, for-profit board positions. 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. Austin also served as interim president for the University of Southern California, following the resignation of C. L. Max Nikias. 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 . Chevron may also be known as or be related to Chevron, Chevron Corp, Chevron Corporation, Chevron Technology Ventures LLC, Pacific Coast Oil Co. [1] (1879-1906) Standard Oil of California (1906-1984) [2], chevron usa, chevron phillips chemical company, chevron refinery, chevron texaco, Unocal Corporation and Union Oil Company of California. 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. Were working together to provide energy that drives human progress. These procedures can be found on the Chevron website at http://www.chevron.com/investors/corporate-governance. pdf opens in new window, proxy statement New Board Of Directors jobs added daily. Committees. Allfour standing Boardcommittees are composed entirely of independent directors. The Board also expects Directors, officers and employees to acknowledge their adherence to the Corporation's Business Conduct and Ethics Code. The Management Compensation Committee periodically assesses the guidelines and the executive officers' ownership relative to these guidelines, and makes recommendations as appropriate. All Committees are comprised solely of independent Directors. 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. The Corporation has and will continue to maintain an orientation program that contains written material, oral presentations and site visits. 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. Stockholders may recommend a nominee by writing to the Corporate Secretary specifying the nominees name and the qualifications for Board membership. San Ramon, CA 94583, Email Chevron's Board at corpgov@chevron.com. Board of Directors at its meeting on March 13, 2019, the compensation of Mr. Patrick Pouyann . This Charter and any provision contained herein may be amended or repealed by the Board of Directors. Also, proxies must disclose specific detailed information regarding the pay practices for certain executives. 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. Stock Awards: Compensation paid in the form of company equity that is structured as restricted stock. This is a particular concern in rural China. First published on Wed 26 May 2021 10.05 EDT. Background: Patients who are newly screened HIV positive by EIA are lost to follow-up due to complicated HIV testing procedures. 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. $279,000 per year AIMS K-12 College Prep Charter District . The Chairman in coordination with the Lead Director sets the schedule for Board meetings and determines the timing and length of the meetings of the Board. Option Awards: Compensation paid in the form of company equity that is structured as stock options. 6 See also. . As a member of Board of Directors at CHEVRON CORP, The Board of Directors proposes a slate of nominees for election by the stockholders at the Annual Meeting each year. Option Awards: Compensation paid in the form of company equity that is structured as stock options. Nigeria. Numbers reported do not include change in pension value and non-qualified deferred compensation earnings. As a member of Board of Directors at CHEVRON CORP , John B. Frank made $385,492 in total compensation. $0 was received as 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. Browse 197 Executive Assistant to Board Director vacancies live right now in Hampstead Garden Suburb . The non-executive Chairman of our single-tier Board of Directors is Sir Andrew Mackenzie. 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. Up to 7,000 jobs, or 11 percent of its workforce Chevron Board of Directors its... 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