. The Board Nominating and Governance Committee engages in succession planning for the Board and key leadership roles on the Board and its Committees. 20 minutes minimum delay Mar 01, 2023 11:51 AM. ; 13% of Koch Industries management is Hispanic or Latino. The lowest-paying job at Chevron is a Cashier with a salary of $36,136 per year. 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. 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. Total Equity aggregates grant date fair value of stock and option awards and long term incentives granted during the fiscal year. These procedures can be found on the Chevron website at http://www.chevron.com/investors/corporate-governance. 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. 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 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. Each subcommittee shall keep regular minutes of its meetings and report the same to the Committee or the Board of Directors when required. promoting strong corporate governance practices. 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. 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. The Board Nominating and Governance Committee reviews and approves the election of any employee Director to outside, for-profit board positions. Mr. Fusco was recruited by Calpine's key shareholders in 2008, just as that company was emerging from bankruptcy. $37,500 was received as options, Know Your Worth. Company profile for Chevron Corp. including key executives, insider trading, ownership, revenue and average growth rates. The independent Directors may select the Corporations CEO to serve as Chairman. First published on Wed 26 May 2021 10.05 EDT. This employer has claimed their Employer Profile and is engaged in the Glassdoor community. View Jobs at Chevron. Detroit Free Press. Find Executive Assistant to Board Director jobs in Hampstead Garden Suburb on Jobsite. .css-r1m4lw{background-color:#20262e;border-radius:50%;}.css-r1m4lw > svg > path{fill:#fff;}Add your salary. She was both the first woman, and the first African-American, to hold this position. This information is according to proxy statements filed for the 2021 fiscal year. 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. This number represents the median, which is the midpoint of the ranges from our proprietary Total Pay Estimate model and based on salaries collected from our users. The estimated additional pay is $188,449 per year. Anyone who processes or inspects ballots, proxy forms or voting instructions signs a pledge to treat them as confidential. . $10,492 came from other types of compensation. $112,500 was received as fees earned or paid in cash, 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. 8. Fees Earned or Paid in Cash: This is the amount of fixed retainers and meeting fees and paid in the form of cash. This report is not for commercial use. 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. We strive to enable human progress in a sustainable manner to serve the worlds growing population and create a better future. The Corporation has and will continue to maintain the Business Conduct and Ethics Code. . 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. Of this total 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 estimated base pay is $60,172 per year. For those interested in conducting a detailed compensation analysis, we recommend that you review the entire proxy statement. 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, Stockholders may recommend a nominee by writing to the Corporate Secretary specifying the nominees name and the qualifications for Board membership. 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 estimated salary for a Board of Directors is $60,979 per year in Springfield, MO. 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 Mandatory retirement for employee Directors is age 65. Chevron Corporation is an American multinational energy corporation predominantly in oil and gas. $225,000 was awarded as stock and See the full leadership team at Craft. The members of the Committee shall be appointed by the Board of Directors upon the recommendation of the Board Nominating and Governance Committee. 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 information shown here is a reporting of information included in the company's proxy statement. Find jobs. 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. Executives are expected to achieve targets within five years of assuming their positions. purpose. (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; . Non-Stock Incentive Plan Compensation: Cash compensation earned for the achievement of predefined objectives. Option Awards: Compensation paid in the form of company equity that is structured as stock options. 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. In such a case, the Board will submit the stockholder rights plan to stockholders for approval at the first meeting of stockholders for which a record date passes after the adoption of the stockholder rights plan. Non-employee Directors may not stand for re-election after reaching age 74. Any Director nominated for re-election who does not receive more votes cast for such nominee's election than votes cast against such nominees election, excluding abstentions, shall submit his or her offer of resignation for consideration by the Board Nominating and Governance Committee. In addition, various elements of strategy are discussed at every regular Board meeting, as well as at meetings of the Boards Committees. Total Cash Compensation information is comprised of yearly Base Pay and Bonuses. 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Ambassador to Russia, China, and Singapore, Senior advisor to Amtrak and Retired Chairman and Chief Executive Officer, Norfolk Southern Corporation, Retired Chairman, Chief Executive Officer and President, Also, proxies must disclose specific detailed information regarding the pay practices for certain executives. The Board will obtain such approval prior to the implementation of a stockholder rights plan, except in the following limited circumstance. The estimated base pay is $196,619 per year. Michael Arokodare. 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