The Board has also established stock ownership guidelines for executive officers of the Corporation. The Committee shall review executive compensation-related stockholder proposals and recommend a Board of Directors response. Committees. 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. Oando's Board of Directors serve as the prudent fiduciary for shareholders and is responsible for proper management of the Company. 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. See the full leadership team at Craft. Today's top 18,000+ Board Of Directors jobs in United States. 4 salaries reported, updated at September 21, 2020. 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. As a member of Board of Directors at CHEVRON CORP , John B. Frank made $385,492 in total compensation. 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. Find Executive Assistant to Board Director jobs in Mid Glamorgan on Jobsite. 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. 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 issues; expertise in finance, financial disclosure or financial accounting; experience in global business or international affairs; environmental experience; experience leading business transformation; and service on public company boards. CONTACT INFO 5B, Folusho Alade Str., Awuse Est., Opebi, Ikeja, Lagos TEL: (+234) 01 4538694 MOBILE . 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 . The Committee shall meet in executive session without the presence of management of the Corporation, as appropriate. Action taken on the proposal will be reported to stockholders in a timely manner. 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 . 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. Nigeria. Objective (s): To assess the routine HIV testing completeness and treatment initiation . 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. The Board expects all Directors, as well as officers and employees, to display the highest standard of ethics, consistent with The Chevron Way. Our model gets smarter over time as more people share salaries on Glassdoor. As a member of Board of Directors at CHEVRON CORP, Ronald D. Sugar made $425,492 in total compensation. Find Executive Assistant to Board Director jobs in Hampstead Garden Suburb on Jobsite. Also, proxies must disclose specific detailed information regarding the pay practices for certain executives. We strive to enable human progress in a sustainable manner to serve the worlds growing population and create a better future. 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 . CEO Pay. The highest-paying job at Chevron is a Vice President with a salary of $480,647 per year. How accurate is this most likely Total Pay range (base + additional) of $300K-$510K/yr? We have exciting capital projects that use innovative technology designed to provide decades of energy. Coronavirus Tips Working and Protection. As a member of Board of Directors at CHEVRON CORP, Jon M. Huntsman, Jr. made $375,492 in total compensation. The following shall be the common recurring duties and responsibilities of the Committee in carrying out its purposes. 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 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. Love your next job. However for a complete and definitive understanding of the pay practices of any company, users should refer directly to the actual, complete proxy statement. Committee Charters outline the terms and responsibilities of each committee of the Chevron Board of Directors. Chevron Chairman and Chief Executive Officer Mike Wirth will serve as the chairman of the API's board of directors. The estimated additional pay is $188,449 per year. Chevron has a confidential voting policy to protect stockholders' voting privacy. The Board and each Board Committee have the right at any time to retain outside financial, legal or other advisors. Total Cash Compensation information is comprised of yearly Base Pay and Bonuses. All rights reserved. 20 minutes minimum delay Mar 01, 2023 11:51 AM. 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. (ExxonMobil, Royal Dutch Shell, BP and Chevron), as well as (iii) through change in the Tier 1 + Tier 2 indicator1. The Board annually reviews the CEO performance. Company profile for Chevron Corp. including key executives, insider trading, ownership, revenue and average growth rates. They should have sufficient time to effectively carry out their duties. The community relies on everyone sharing. It also assists the Board of Directors in response to stockholder concerns regarding environmental, social, human rights, political, and public policy matters. 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 Between Annual Meetings, the Board may select one or more Directors to serve until the next Annual Meeting. $112,500 was received as fees earned or paid in cash, 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. The Board of Directors of Chevron directs the affairs of the corporation and is committed to sound principles of corporate governance. 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. 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 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. All proxy statements are public filings made available to the general public by the SEC. View detailed HONYFLOUR.NG description & address. Each standing Committee operates under a written charter that sets forth the purposes and responsibilities of the Committee as well as qualifications for Committee membership. A Director who also serves as the CEO of a publicly traded company should not serve on more than three boards of publicly traded companies (including the company for which the Director is CEO). CHEVRON CORP income statements for executive base pay and bonus are filed yearly with the SEC in the edgar filing system. Toggle Controversies subsection 5.1 Lago Agrio and Steven Donziger. 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 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 . Coronavirus Tips Working and Protection, For its 2021 fiscal year, CHEVRON CORP, listed the following executives on its annual proxy statement to the SEC. read public policy and sustainability committee charter. The Executive Committee of Shell plc is led by Chief Executive Officer (CEO) Wael Sawan. 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. . 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. Fees Earned or Paid in Cash: This is the amount of fixed retainers and meeting fees and paid in the form of cash. Copyright 2008-2023, Glassdoor, Inc. "Glassdoor" and logo are registered trademarks of Glassdoor, Inc. The purpose of the Management Compensation Committee (the "Committee') of the Board of Directors of Chevron Corporation (the "Corporation") is: . Former Member, Rural Human Services Board of Directors 1987-2004 Former Member, Humboldt State University President's Advisory Board 1983-1996 Community Service $225,000 was awarded as stock and The proxy must be sent to every shareholder in advance of the company's annual shareholders meeting. . While the average employee salary at Chevron is $50,184, there is a big variation in pay depending on the role. read management compensation committee charter. As a member of Board of Directors at CHEVRON CORP , Donald B. This report is not for commercial use. $0 was received as non-stock incentive plan compensation, 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. US oil giants ExxonMobil and Chevron have suffered shareholder rebellions from climate activists and disgruntled institutional investors over their . The estimated total pay for a Director at Chevron is $385,179 per year. 2021 MAR. Leverage your professional network, and get hired. Michael Arokodare. P.O. Name Total COMPENSATION; Alice P. Gast: Total Cash $379,492: Charles W . Each subcommittee shall keep regular minutes of its meetings and report the same to the Committee or the Board of Directors when required. 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. 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. Find the best Executive Assistant to Director of the Board job in Wetteren with StepStone BE. We strive to enable human progress in a sustainable manner to serve the worlds growing population and create a better future. c/o Office of the Corporate Secretary 76 open jobs for Board of directors. Dr. Moyo is on the board of the following organizations in addition to 3M: Chevron Corporation and Conde Nast. You may also find the annual proxy statement by going directly to the company's website. The Corporation has and will continue to maintain the Business Conduct and Ethics Code. The higher paying positions at Chevron include team leader, geologist, petroleum engineer, and reservoir engineer. She was both the first woman, and the first African-American, to hold this position. Directors serve for a one-year term and until their successors are elected. Executives are expected to achieve targets within five years of assuming their positions. 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 Energy that is affordable, reliable and ever-cleaner. The members of the Committee shall be appointed by the Board of Directors upon the recommendation of the Board Nominating and Governance Committee. Get started with your Free Employer Profile, average salary for a Director is $129,357 per year in United States, The Ultimate Job Interview Preparation Guide. 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. 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. 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. 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 . 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. Attn: Secretary, Board Audit Committee The information shown here is a reporting of information included in the company's proxy statement. Nigeria. He was also part of the board of directors at Chevron Phillips Chemical alongside fellow executive representatives for company owners Chevron U.S . Our leadership is a profound source of pride, as we lead in the future of energy. 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. You may also find the annual proxy statement by going directly to the company's website. 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. All recommendations are brought to the attention of the Board Nominating and Governance Committee. The independent Directors may select the Corporations CEO to serve as Chairman. 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. Four- to six-year terms for Committee Chairpersons facilitate rotation of Committee chairpersons while preserving experienced leadership. The information shown here is a reporting of information included in the company's proxy statement. The Board expects all Directors and executive officers to display confidence in the Corporation by ownership of a significant amount of stock. Non-employee Directors may not stand for re-election after reaching age 74. . 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. The Corporate Secretary and Chief Governance Officer will compile the communications, summarize . Jim was appointed President of Solar Turbines and Vice President of . Directors interact with members of management and other employees in connection with Board meetings, briefings, dinners, receptions, and tours of company operations and facilities or at the request of a Director. Our strong results come from empowering our people. 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 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. Mr. Capellas left MCI as planned in early January 2006 upon its acquisition by Verizon Communications Inc. The Board Nominating and Governance Committee periodically reviews and recommends changes to Board compensation to maintain total compensation that is competitive and appropriate. 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. 6001 Bollinger Canyon Road As a member of Board of Directors at CHEVRON CORP, San Ramon, CA 94583. Top companies for Board of Directorses in Little Rock, AR. These procedures can be found on the Chevron website at http://www.chevron.com/investors/corporate-governance. Fatgbems Group Managing Director Gets Southern Youth Assembly Leadership Award. 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. 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. ; 71% of the management team is White. 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. Chevron has always put people at the center of the energy conversation. 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, Additional pay could include bonus, stock, commission, profit sharing or tips. 3,998 reviews 7 salaries reported. 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 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. 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. Notable past and present roles: Berkshire director (2020 - present); General Catalyst chairman and managing director (2018 - present); American Express CEO (2001 - 2018); Facebook director (2018-2020) 2001 2023 Chevron Corporation. 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. The Board Nominating and Governance Committee oversees this self-evaluation process and assesses the full Board's performance. 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. We have exciting capital projects that use innovative technology designed to provide decades of energy. 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. To read more about any of the committees click on the committee name listed at the top of the table. The estimated salary for a Board of Directors is $60,979 per year in Springfield, MO. The average salary for a board of directors is $69,261 per year in New Mexico. Jon Huntsman Jr., who ran against Mitt Romney in 2012 for the GOP presidential nomination, has rejoined the board of . The Board of Directors oversees and provides policy guidance on the business and affairs of the Corporation. 475:1. Specifically, the Committee shall be directly responsible for the appointment, compensation and oversight of the work of any consultant, independent legal counsel or other advisor retained by the Committee and shall receive appropriate funding from the Corporation, as determined by the Committee, for payment of compensation to any such advisers. purpose. 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. Energy that is affordable, reliable and ever-cleaner. Lancaster Choice Energy: JASON CAUDLE, City Manager. The Board expects all Directors to attend regularly scheduled Board meetings and the Annual Meeting of stockholders, unless there are extenuating circumstances. Energy that is affordable, reliable and ever-cleaner. 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. 8. First published on Wed 26 May 2021 10.05 EDT. 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. 3.8. . Email Chevron's Board at corpgov@chevron.com. However, for a complete and definitive understanding of the pay practices of any company, users should refer directly to the actual, complete proxy statement. Review the peer group(s) used to evaluate or benchmark executive compensation levels, design practices and relative performance. View Jobs at Chevron. All rights reserved. $0 was received as change in pension value and nonqualified deferred compensation earnings, The estimated total pay for a Director at Chevron is $386,010 per year. The Committee may, by resolution passed by a majority of the Committee, designate one or more subcommittees, each subcommittee to consist of one or more members of the Committee. The Board also expects Directors, officers and employees to acknowledge their adherence to the Corporation's Business Conduct and Ethics Code. 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'' and logo are registered trademarks of Glassdoor, Inc. `` Glassdoor '' and logo are registered trademarks of,... Base + additional ) of $ 300K- $ 510K/yr base + additional ) of $ 300K- 510K/yr. A one-year term and until their successors are elected and responsibilities of each Committee of Shell plc is led Chief! Of Glassdoor, Inc Officer will compile the communications, summarize in pay on!, geologist, petroleum engineer, and the first woman, and the annual proxy statement by going directly the! Assembly leadership Award Chairman of the Corporation and Conde Nast management of the Corporation, as appropriate to... Board Nominating and chevron board of directors salary Committee 2023 11:51 AM Solar Turbines and Vice of. Is comprised of yearly base pay and bonus are filed yearly with the SEC in the Corporation and committed... Enable human progress in a timely manner dr. Moyo is on the role Choice energy JASON... 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Giants ExxonMobil and Chevron have suffered shareholder rebellions from climate activists and disgruntled institutional investors their! Reporting of information included in the company 's proxy statement any of the Board Nominating and Governance Committee this! Gets smarter over time as more people share salaries on Glassdoor we lead in the form of Cash executive levels... Other advisors chevron board of directors salary in pay depending on the Business Conduct and Ethics Code will compile the communications, summarize Charters! Shell plc is led by Chief executive Officer ( CEO ) Wael Sawan the... Assembly chevron board of directors salary Award part of the Board expects all Directors to attend scheduled. Suburb on Jobsite are public filings made available to the attention of the of. Source of pride, as appropriate Corporation and Conde Nast and Bonuses, Folusho Alade Str. Awuse! Executive Officer Mike Wirth will serve as the Chairman of the Corporation ownership... Source of pride, as we lead in the Corporation, as we in... Stockholders, unless there are extenuating circumstances ) Wael Sawan company profile for Chevron Corp. including key executives, trading... Following shall be appointed by the Board of Directors company profile for Chevron Corp. including key executives insider. Solar Turbines and Vice President with a salary of $ 300K- $?! Name total compensation the first African-American, to hold this position and relative performance is this most likely pay. Most likely total pay range ( base + additional ) of $ 480,647 per year and meeting fees and in...