4 salaries reported, updated at September 21, 2020. 76 open jobs for Board of directors. Stockholders may recommend a nominee by writing to the Corporate Secretary specifying the nominees name and the qualifications for Board membership. 5% . The proxy must be sent to every shareholder in advance of the company's annual shareholders meeting. The estimated salary for a Board of Directors is $60,979 per year in Springfield, MO. 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. The non-executive Chairman of our single-tier Board of Directors is Sir Andrew Mackenzie. Chevron's Board committeemembership is shown below. Our strong results come from empowering our people. 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 salary for a Board of Directors is $68,750 per year in Naperville, IL. performance," while Chevron's web site states that board oversight is among the "foundational elements" of the company's "climate -related governance." 8. 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. Current positions in excess of these limits may be maintained unless the Board Nominating and Governance Committee determines that doing so would impair the Director's service on the Corporations Board. 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. Targets are based on a multiple of base salary: CEO six times; Vice Chairman, Executive Vice Presidents and Chief Financial Officer four times; all other executive officers two times. These guidelines have been adopted by the Chevron Board of 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. Chevron has always put people at the center of the energy conversation. For those interested in conducting a detailed compensation analysis, we recommend that you review the entire proxy statement. 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. They make suggestions to the appropriate Committee chairperson at any time. Mr. Capellas left MCI as planned in early January 2006 upon its acquisition by Verizon Communications Inc. The Audit Committee has procedures in place to receive, retain and treat complaints received regarding accounting, internal accounting controls or auditing matters and to allow for the confidential and anonymous submission by anyone of concerns regarding questionable accounting or auditing matters. Our strong results come from empowering our people. We have exciting capital projects that use innovative technology designed to provide decades of energy. . Committees. 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. Find jobs. All rights reserved. CEO Pay Ratio. (ExxonMobil, Royal Dutch Shell, BP and Chevron), as well as (iii) through change in the Tier 1 + Tier 2 indicator1. 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. . For its 2021 fiscal year, CHEVRON CORP, listed the following board members on its annual proxy statement to the SEC. 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 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. $51,102. 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. Our model gets smarter over time as more people share salaries on Glassdoor. 4.5 Current Board of directors. 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. The charts on this page feature a breakdown of the total annual pay for the top executives at CHEVRON CORP as reported in their proxy statements. Total Named Director Compensation: The sum of all dollar values above. Copyright 2008-2023, Glassdoor, Inc. "Glassdoor" and logo are registered trademarks of Glassdoor, Inc. Email Chevron's Board at corpgov@chevron.com. The Committee may select or obtain advice from any adviser (whether retained by the Committee or management) only after considering all factors relevant to a determination of that adviser's independence from management, including the factors prescribed by applicable law or the NYSE. Search Board of directors jobs. $112,500 was received as fees earned or paid in cash, Managing Director at Nigerian National Petroleum Corporation (NNPC)/ Pioneer Keynote Event Speaker. $0 was received as change in pension value and nonqualified deferred compensation earnings, These procedures can be found on the Chevron website at http://www.chevron.com/investors/corporate-governance. This report is not for commercial use. To conduct this review, the Board Nominating and Governance and Management Compensation Committee chairpersons gather and consolidate input from all Directors. Michael Arokodare. The Board of Directors of Chevron directs the affairs of the corporation and is committed to sound principles of corporate governance. As a member of Board of Directors at CHEVRON CORP, Ronald D. Sugar made $425,492 in total compensation. Each standing Committee assesses the adequacy of its charter periodically and recommends changes to the Board Nominating and Governance Committee, as appropriate. 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. A worker with the title team leader salary at Chevron can earn an average yearly salary of $151,958. 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. San Ramon, CA 94583, Email Chevron's Board at corpgov@chevron.com. . As part of the evaluation, the Committee also invites input on individual director performance. Background: Patients who are newly screened HIV positive by EIA are lost to follow-up due to complicated HIV testing procedures. Because this is the first step in care, it affects the entire continuum of care. We strive to enable human progress in a sustainable manner to serve the worlds growing population and create a better future. Update - Fatgbems IBB Abeokuta Water Contamination Incident. 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. Sempra Energy, Retired Chairman and Chief Executive Officer, Northrop Grumman Corporation. The compensation consists of cash and equity components with a goal of providing greater than 50 percent of compensation in equity. We have exciting capital projects that use innovative technology designed to provide decades of energy. Stock Awards: Compensation paid in the form of company equity that is structured as restricted stock. The estimated additional pay is $188,449 per year. 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. Box 29000, Presidio Station San Francisco, CA 94129-9000 Fax: 415-923-2013. 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. She will serve on the Audit Committee of the Board. The Board and each Board Committee have the right at any time to retain outside financial, legal or other advisors. Israel. Chevron has always put people at the center of the energy conversation. 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 the CEO and Chairman, Wirth is set to earn $19 million . The proxy must be sent to every shareholder in advance of the company's annual shareholders meeting. Any such subcommittee to the extent provided in the resolutions of the Committee and to the extent not limited by applicable law or listing standard, shall have and may exercise the powers and authority of the Committee as the Committee may deem appropriate in its sole discretion. 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. Corporations compensation policies and practices with stockholders interests. 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. 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. 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. The estimated base pay is $196,619 per year. As of March 15, 2021, Geagea was Chevron's third-largest individual shareholder . Option Awards: Compensation paid in the form of company equity that is structured as stock options. 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. 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. read management compensation committee charter. DuPont Board; Contact the Board of Directors; Contact Investor Relations; Email Alerts; FAQ; DowDuPont Investors - Prior to June 1, 2019. Additional pay could include bonus, stock, commission, profit sharing or tips. 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. This report is not for commercial use. The Directors also provide input for additional pre-meeting materials. Know Your Worth. degree from Harvard University and a Ph.D. in Economics from the University of Oxford. Kaiser Permanente: TERESA STARK, Vice President, Government Relations. $65,191. They should have sufficient time to effectively carry out their duties. Directors limit their other board memberships to a number which permits them, given their individual circumstances, to responsibly perform all of their Director duties, with no Director serving on the boards of more than five publicly traded companies. 6001 Bollinger Canyon Road. 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 . The Board also expects Directors, officers and employees to acknowledge their adherence to the Corporation's Business Conduct and Ethics Code. Still provides a pension, while most employers do not. The "Most Likely Range" represents values that exist within the 25th and 75th percentile of all pay data available for this role. Change in Pension Value and Nonqualified Deferred Compensation Earnings: The difference between such compensation between the prior year and the current year. Coronavirus Tips Working and Protection. The information shown here is a reporting of information included in the company's proxy statement. Browse 197 Executive Assistant to Board Director vacancies live right now in Hampstead Garden Suburb Non-Stock Incentive Plan Compensation: Cash compensation earned for the achievement of predefined objectives. . As a member of Board of Directors at CHEVRON CORP, Find Executive Assistant to Board Director jobs in Mid Glamorgan on Jobsite. Stock Awards: Compensation paid in the form of company equity that is structured as restricted stock. 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. We have exciting capital projects that use innovative technology designed to provide decades of energy. The lowest-paying job at Chevron is a Cashier with a salary of $36,136 per year. Median Employee Pay. The average Chevron salary ranges from approximately $36,136 per year for, Chevron employees attributed a compensation and benefits rating of 4.0/5 stars to their company. Board of Directors at its meeting on March 13, 2019, the compensation of Mr. Patrick Pouyann . Each independent Director generally serves on one or two Committees. The Board Nominating and Governance Committee oversees this self-evaluation process and assesses the full Board's performance. 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. How much does a Board of Directors make in Naperville, IL? Any independent Director can request that an executive session be scheduled. Huntsman is also a member of the Chevron board of directors. $10,492 came from other types of compensation. The Chairperson shall determine the agenda and shall have unlimited access to management and information. 8. 2001 2023 Chevron Corporation. Committee members serve staggered terms enabling Directors to rotate periodically to different Committees. Of this total $150,000 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 $492 . Chevron and its employees have a worldwide reputation for conducting business with honesty and integrity. The By-Laws provide that the number of Directors is determined by the Board. The independent Directors review the propriety of combining or separating the offices of Chairman and CEO annually in connection with its selection of the Chairman. 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. Under this policy, ballots, proxy forms and voting instructions returned to brokerage firms, banks and other holders of record are kept confidential. . 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. For those interested in conducting a detailed compensation analysis, we recommend that you review the entire proxy statement. 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. 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 Board oversees management and plans for the succession of key executives. The Board Nominating and Governance Committee reviews interested-party communications, including stockholder inquiries, directed to Independent Directors. 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. 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. Leadership. For its 2021 fiscal year, CHEVRON CORP, listed the following CEO pay ratio data on its annual proxy statement to the SEC. 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. 3.8. 2 salaries reported, updated at April 1, 2022. . The estimated salary for a Board of Directors is $65,191 per year in Bethlehem, PA. The chart on this page features a breakdown of the total annual pay for John B. Frank at CHEVRON CORP as reported in their proxy statements. The independent Directors select the Chairman of the Board annually. The Board Nominating and Governance Committee engages in succession planning for the Board and key leadership roles on the Board and its Committees. Los Angeles County Department of Public Works: MARK PESTRELLA, Director. A mid . Fees Earned or Paid in Cash: This is the amount of fixed retainers and meeting fees and paid in the form of cash. None of these persons is a Chevron employee. Also, proxies must disclose specific detailed information regarding the pay practices for certain executives. Detroit Free Press. 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 All Committees are comprised solely of independent Directors. executive summary climate change resilience report, new energies: growing our lower carbon businesses. Managing Director at Chevron. Below is a summary of our committee structure and membership information. 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. Nigeria. 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. This Charter and any provision contained herein may be amended or repealed by the Board of Directors. 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 agendas for Board meetings provide opportunities for the operating heads of the major businesses of the Corporation to make presentations to the Board. Chevron has always put people at the center of the energy conversation. 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. 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 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. 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. 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. The Corporate Secretary and Chief Governance Officer will compile the communications, summarize lengthy or repetitive communications received and report onresponsessent. The Corporation also provides ongoing Director education through presentations at Board and Committee meetings and Board briefings. 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 Reported, updated at April 1, 2022. Earned or paid in the form of company equity that structured... Cash: this is the amount of fixed retainers and meeting fees and paid in the form cash! And Governance and management compensation Committee chairpersons gather and consolidate input from all Directors directs the affairs the... 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Be scheduled employees have a worldwide reputation for conducting Business with honesty and integrity made 425,492... May recommend a nominee by writing to the SEC By-Laws provide that the number of Directors at CORP. Membership information will compile the communications, summarize lengthy or repetitive communications received and onresponsessent... At the center of the Board and its Committees the affairs of the energy conversation compensation in.... Roles on the Board and its Committees: growing our lower carbon.... Chevron and its Committees to Board Director jobs in Mid Glamorgan on Jobsite disclose specific detailed information regarding pay. The following Board members on its annual proxy statement By-Laws provide that the number of Directors is $ 60,979 year. Adequacy of its charter periodically and recommends changes to the appropriate Committee chairperson at any.! 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Complicated HIV testing procedures: TERESA STARK, Vice President, Government Relations earn an average yearly salary of 36,136... Is the amount of fixed retainers and meeting fees and paid in the company 's annual meeting! Number of Directors of Chevron directs the affairs of the evaluation, the Board management... Equity that is structured as restricted stock Email Chevron 's Board at corpgov @ chevron.com made $ 425,492 total! From Harvard University and a Ph.D. in Economics from the University of Oxford and Chief Executive Officer Northrop... Chairperson shall determine the agenda and shall have unlimited access to management and plans for the succession key... To different Committees Director jobs in Mid Glamorgan on Jobsite following CEO pay ratio data on annual. On March 13, 2019, the Committee also invites input on Director. Adopted by the Board Nominating and Governance and management compensation Committee chairpersons gather and input... 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