The Committee shall undertake an annual evaluation assessing its performance, which results shall be reported to the Board of Directors. Anyone who processes or inspects ballots, proxy forms or voting instructions signs a pledge to treat them as confidential. 2021 MAR. Chevron Corporation is an American multinational energy corporation predominantly in oil and gas. $0 was received as change in pension value and nonqualified deferred compensation earnings, Board of Directors. We have exciting capital projects that use innovative technology designed to provide decades of energy. 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. 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. 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. The Public Policy and Sustainability Committee assists the Board of Directors in overseeing environmental, social, human rights, political, and public policy matters that are relevant to the Corporations activities and performance. Rice made $85,444 in total compensation. executive summary climate change resilience report, new energies: growing our lower carbon businesses. 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 guidelines, in conjunction with the Restated Certificate of Incorporation, By-Laws and Board Committee charters, form the framework for governance of the Corporation. 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. 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). To avoid any potential conflict of interest, Directors will not accept a seat on any additional public company board without first notifying the Lead Director and the Chairman of the Board. 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. 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 . Each independent Director generally serves on one or two Committees. 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. Copyright 2008-2023, Glassdoor, Inc. "Glassdoor" and logo are registered trademarks of Glassdoor, Inc. 76 open jobs for Board of directors. Each member shall meet the New York Stock Exchange (the NYSE) standards of independence for Directors and compensation committee members, as determined by the Board of Directors. $51,102. San Ramon, CA 94583. The estimated total pay for a Director at Chevron is $385,179 per year. She will serve on the Audit Committee of the Board. The Board also expects Directors, officers and employees to acknowledge their adherence to the Corporation's Business Conduct and Ethics Code. How much does a Board of Directors make in Naperville, IL? This report is not for commercial use. Search Board of directors jobs. An early career Member of the Board of Directors with 1-4 years of experience earns an average total compensation (includes tips, bonus, and overtime pay) of $42,500 based on 9 salaries. 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 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. This is generally a year-round process culminating in full meeting Board reviews of the Corporation's updated Corporate Strategic Plan, its business plan, the next year's capital expenditures budget plus key financial and supplemental objectives. Directors serve for a one-year term and until their successors are elected. Email Chevron's Board at corpgov@chevron.com. All proxy statements are public filings made available to the general public by the SEC. $0 was received as change in pension value and nonqualified deferred compensation earnings, 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. Committee Charters outline the terms and responsibilities of each committee of the Chevron Board of Directors. Change in Pension Value and Nonqualified Deferred Compensation Earnings. Dr. Moyo earned a bachelor's degree in chemistry and MBA degree in Business Administration from American University, an M.P.A. San Ramon, CA 94583, Email Chevron's Board at corpgov@chevron.com. 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. 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. 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. Company profile for Chevron Corp. including key executives, insider trading, ownership, revenue and average growth rates. 3,998 reviews 7 salaries reported. 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. A majority of the Board consists of independent Directors, as defined by the New York Stock Exchange. To learn more about our board members, visit the Board of Directors area of our web site. 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. Subscribe to our newsletter to receive news & updates. Were working together to provide energy that drives human progress. 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 . The estimated additional pay is $189,391 per year. Today's top 18,000+ Board Of Directors jobs in United States. Nigeria. Employee Directors may not serve as Directors once their employment with the Corporation ends. Any Committee member may resign effective upon giving oral or written notice to the Chairman of the Board of Directors, the Corporate Secretary or the Board of Directors (unless the notice specifies a later time for the effectiveness of such resignation). 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. 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. The Directors also provide input for additional pre-meeting materials. Coronavirus Tips Working and Protection, For its 2021 fiscal year, CHEVRON CORP, listed the following executives on its annual proxy statement to the SEC. Each subcommittee shall have such name as may be determined from time to time by resolution adopted by the Committee. In addition to regularly scheduled meetings, unscheduled Board meetings may be called, upon proper notice, at any time to address specific needs of the 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 Management Compensation Committee periodically assesses the guidelines and the executive officers' ownership relative to these guidelines, and makes recommendations as appropriate. Committee members serve staggered terms enabling Directors to rotate periodically to different Committees. While the average employee salary at Chevron is $50,184, there is a big variation in pay depending on the role. The Board dedicates at least one Board meeting each year to focus on strategic planning. These guidelines have been adopted by the Chevron Board of Directors. The Committee may appoint a Secretary whose duties and responsibilities shall be to keep full and complete records of the proceedings of the Committee and to perform all other duties as may from time to time be assigned to him or her by the Committee, or otherwise at the direction of a Committee member. She was both the first woman, and the first African-American, to hold this position. As a member of Board of Directors at CHEVRON CORP, 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. The Committee shall perform such other activities and functions related to executive compensation as may be assigned from time to time by the Board of Directors, including, but not limited to, reviewing and discussing, the Corporations strategies and supporting processes for executive retention and diversity and preparing or causing to be prepared any reports or other disclosure required with respect to the Committee by any applicable proxy or other rules of the Securities and Exchange Commission or any applicable listing standards. Chevron announced that it is cutting up to 7,000 jobs, or 11 percent of its workforce. 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. Four- to six-year terms for Committee Chairpersons facilitate rotation of Committee chairpersons while preserving experienced leadership. Background: Patients who are newly screened HIV positive by EIA are lost to follow-up due to complicated HIV testing procedures. Non-Stock Incentive Plan Compensation: Cash compensation earned for the achievement of predefined objectives. Our strong results come from empowering our people. 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. 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 . 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. The Corporate Secretary and Chief Governance Officer will compile the communications, summarize lengthy or repetitive communications received and report onresponsessent. The estimated salary for a Board of Directors is $68,750 per year in Naperville, IL. The Board and each Board Committee conduct a self-evaluation annually. He was also part of the board of directors at Chevron Phillips Chemical alongside fellow executive representatives for company owners Chevron U.S . 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. 2 salaries reported, updated at April 1, 2022. 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. Executive Assistant to Director of the Board jobs in Wetteren. The Board Nominating and Governance Committee shall consider all of the relevant facts and circumstances, including the Directors qualifications, the Directors past and expected future contributions to the Corporation, the overall composition of the Board and whether accepting the tendered resignation would cause the Corporation to fail to meet any applicable rule or regulation (including New York Stock Exchange listing requirements and federal securities laws) and recommend to the Board the action to be taken with respect to such offer of resignation. Objective (s): To assess the routine HIV testing completeness and treatment initiation . 5 Controversies. Jon Huntsman Jr., who ran against Mitt Romney in 2012 for the GOP presidential nomination, has rejoined the board of . To perform such other duties and responsibilities enumerated in and consistent with this Charter. The Board and each Board Committee have the right at any time to retain outside financial, legal or other advisors. promoting strong corporate governance practices. A mid . As a member of Board of Directors at CHEVRON CORP, Jon M. Huntsman, Jr. made $375,492 in total compensation. ; 11% of the management team is Black or African American. All Other Compensation: Compensation that is paid in the form of perquisites, such as expense reimbursement. The Corporate Secretary will compile the communications, summarize lengthy or repetitive communications and forward to the Lead Director or the independent Directors. Love your next job. 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. $10,492 came from other types of compensation. 4.5 Current Board of 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. Browse 197 Executive Assistant to Board Director vacancies live right now in Hampstead Garden Suburb 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. Concerning the 2019 . Between Annual Meetings, the Board may select one or more Directors to serve until the next Annual Meeting. Chevron's Board committeemembership is shown below. $0 was received as non-stock incentive plan compensation, 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. Geagea holds a bachelor's degree and a master's degree in civil engineering from the University of Illinois. To read more about any of the committees click on the committee name listed at the top of the table. 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. Get the right Board of directors job with company ratings & salaries. Oando's Board of Directors serve as the prudent fiduciary for shareholders and is responsible for proper management of the Company. 48.36 -0.06. Estimated salaries Data source tooltip for average base salary. Our culture is built upon the principles of responsibility, trust and integrity. Mr. Capellas left MCI as planned in early January 2006 upon its acquisition by Verizon Communications Inc. The highest-paying job at Chevron is a Vice President with a salary of $480,647 per year. 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. Mandatory retirement for employee Directors is age 65. 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 employees attributed a compensation and benefits rating of 4.0/5 stars to their company. SAN RAMON, Calif., Dec. 2, 2020 - Chevron Corporation (NYSE: CVX) announced that Marillyn A. Hewson has been elected to Chevron's board of directors, effective on January 1, 2021. Independent Directors meet in executive session at each regularly scheduled Board meeting. 2001 2023 Chevron Corporation. 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. You may also find the annual proxy statement by going directly to the company's website. The Committee shall meet as often as may be deemed necessary or appropriate, in the judgment of the Chairperson, either in person or telephonically, and at such times and places as the Chairperson determines. Approve equity compensation plans not subject to stockholder approval under applicable listing standards. 6 See also. Additional pay could include bonus, stock, commission, profit sharing or tips. This report is not for commercial use. The Committee utilizes the annual Board evaluation to gather input to assist the Committees' evaluation and recommendations. Estimated salaries Data source tooltip for average base salary. You may also find the annual proxy statement by going directly to the company's website. Estimated salaries Data source tooltip for average base salary. All Committees report regularly to the full Board of Directors with respect to their activities. The estimated additional pay is $14,277 per year. Option Awards: Compensation paid in the form of company equity that is structured as stock options. Total Equity aggregates grant date fair value of stock and option awards and long term incentives granted during the fiscal year. Our model gets smarter over time as more people share salaries on Glassdoor. Previously, Mr. Capellas was President of Hewlett-Packard Company . Option Awards: Compensation paid in the form of company equity that is structured as stock options. 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. Energy that is affordable, reliable and ever-cleaner. In his 40 years with the company, he has gained extensive industry and international experience through a wide variety of leadership roles. Each standing Committee is chaired by an independent Director who determines the agenda, the frequency and length of the meetings and who has unlimited access to management, information and outside advisors, as necessary and appropriate. Fees Earned or Paid in Cash: This is the amount of fixed retainers and meeting fees and paid in the form of cash. All rights reserved. For those interested in conducting a detailed compensation analysis, we recommend that you review the entire proxy statement. The following shall be the common recurring duties and responsibilities of the Committee in carrying out its purposes. 6001 Bollinger Canyon Road. This employer has claimed their Employer Profile and is engaged in the Glassdoor community. 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 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. The information shown here is a reporting of information included in the company's proxy statement. Still provides a pension, while most employers do not. 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. 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. $190,000 was received as fees earned or paid in cash, 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. 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. Because we understand that the well-being of people everywhere depends on energy. Fatgbems Group Managing Director Gets Southern Youth Assembly Leadership Award. The average salary for a board of directors is $69,261 per year in New Mexico. As a member of Board of Directors at CHEVRON CORP , John B. Frank made $385,492 in total compensation. All Other Compensation: Compensation that is paid in the form of perquisites, such as expense reimbursement. The Committee will consider these factors at least annually, as well as any conflicts of interest, in connection with the advisers continued retention. Chevron and its employees have a worldwide reputation for conducting business with honesty and integrity. Any independent Director can request that an executive session be scheduled. read management compensation committee charter. The Committee shall recommend to the Board of Directors whether to have an annual, biennial or triennial advisory stockholder vote regarding the Corporations executive compensation (Say on Pay), taking into account the results of the most recent stockholder advisory vote on frequency of Say on Pay required by Section 14A of the Exchange Act, and review and approve the proposals regarding the Say on Pay vote and the frequency of the Say on Pay vote to be included in the Annual Proxy Statement. 475:1. View detailed CVX description & address. purpose. 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. For those interested in conducting a detailed compensation analysis, we recommend that you review the entire proxy statement. 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. For its 2021 fiscal year, CHEVRON CORP, listed the following board members on its annual proxy statement to the SEC. . 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. SAN RAMON, Calif. & AMES, Iowa, February 28, 2022--Chevron Corporation (NYSE: CVX) and Renewable Energy Group, Inc. (NASDAQ: REGI) ("REG") announced today a definitive agreement under which . The Board expects all Directors, as well as officers and employees, to display the highest standard of ethics, consistent with The Chevron Way. 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. The Corporation does not have a retirement plan for non-employee Directors. 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. . Here are further demographic highlights of the leadership team: The Koch Industries executive team is 28% female and 72% male. 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. Overview Overview 5.5k Reviews 897 Jobs 6.3k Salaries 972 Interviews 1.6k Benefits 58 Photos. The Board Nominating and Governance Committee periodically assesses the guidelines and Directors' ownership relative to these guidelines, and makes recommendations as appropriate. The By-Laws provide that the number of Directors is determined by the Board. Non-Stock Incentive Plan Compensation: Cash compensation earned for the achievement of predefined objectives. The Board Nominating and Governance Committee reviews interested-party communications, including stockholder inquiries, directed to Independent Directors. Find Executive Assistant to Board Director jobs in Mid Glamorgan on Jobsite. 5% . The Committee shall review executive compensation-related stockholder proposals and recommend a Board of Directors response. The Committee shall report regularly to the full Board of Directors with respect to its activities. Median Employee Pay. All Committees are comprised solely of independent Directors. These procedures can be found on the Chevron website at http://www.chevron.com/investors/corporate-governance. 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. Browse 6 Executive Assistant to Board Director vacancies live right now in Mid Glamorgan To discharge responsibilities as delegated by the Board of Directors of the Corporation (the Board of Directors) relating to compensation of the Corporations executives; To assist the Board of Directors in establishing incentive compensation and equity-based plans and to administer such plans; and.
