This employer has claimed their Employer Profile and is engaged in the Glassdoor community. 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. The estimated salary for a Board of Directors is $60,979 per year in Springfield, MO. Fees Earned or Paid in Cash: This is the amount of fixed retainers and meeting fees and paid in the form of cash. The estimated additional pay is $14,277 per year. All proxy statements are public filings made available to the general public by the SEC. Our strong results come from empowering our people. It also assists the Board of Directors in response to stockholder concerns regarding environmental, social, human rights, political, and public policy matters. The Executive Committee of Shell plc is led by Chief Executive Officer (CEO) Wael Sawan. Director since 2018. c/o Office of the Corporate Secretary Because we understand that the well-being of people everywhere depends on energy. In the absence of such designation, the members of the Committee may designate the Chairperson by majority vote of the full Committee membership. Chevron announced that it is cutting up to 7,000 jobs, or 11 percent of its workforce. $190,000 was received as fees earned or paid in cash, 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. The consolidated input is reviewed at a meeting in executive session with all independent Directors after which the chairpersons present the results of the review to the CEO. Any such communication may be made on a confidential or anonymous basis, but all communications should contain sufficiently specific information to permit the Audit Committee to pursue the matter. How accurate is this most likely Total Pay range (base + additional) of $300K-$510K/yr? 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. 3,998 reviews 7 salaries reported. 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. CONTACT INFO 5B, Folusho Alade Str., Awuse Est., Opebi, Ikeja, Lagos TEL: (+234) 01 4538694 MOBILE . San Ramon, California 94583-0806. 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. degree from Harvard University and a Ph.D. in Economics from the University of Oxford. Jim was appointed President of Solar Turbines and Vice President of . Chevron and its employees have a worldwide reputation for conducting business with honesty and integrity. Fees Earned or Paid in Cash: This is the amount of fixed retainers and meeting fees and paid in the form of cash. The Board Nominating and Governance Committee annually reviews the composition of the Board as a whole to assess the skills and characteristics that are currently represented on the Board, and in individual Directors, as well as the skills and characteristics that the Board may find valuable in the future, in light of the current and anticipated strategic plans and operating requirements of the Corporation and the long-term interests of stockholders. 475:1. Our strong results come from empowering our people. Learn about salaries, benefits, salary satisfaction and where you could earn the most. Thorough reviews have been conducted to assure this data accurately reflects disclosures. 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. 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. The proxy must be sent to every shareholder in advance of the company's annual shareholders meeting. Tesla CEO Elon Musk is currently working for free.. Option Awards: Compensation paid in the form of company equity that is structured as stock options. The Board oversees the Corporation's strategic and business planning process. Los Angeles County Department of Public Works: MARK PESTRELLA, Director. League of California Cities: CAROLYN COLEMAN, Executive Director. The Board of Directors oversees and provides policy guidance on the business and affairs of the Corporation. For those interested in conducting a detailed compensation analysis, we recommend that you review the entire proxy statement. Employee Directors may not serve as Directors once their employment with the Corporation ends. How much does a Board of Directors make in Bethlehem, PA? To learn more about our board members, visit the Board of Directors area of our web site. The Board's size is assessed at least annually by the Board Nominating and Governance Committee and changes are recommended to the Board when appropriate. This report is not for commercial use. 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. 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 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. The estimated salary for a Board of Directors is $65,191 per year in Bethlehem, PA. Energy that is affordable, reliable and ever-cleaner. 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 Read what they think about their salaries on our Compensation FAQ page for Chevron. New Board Of Directors jobs added daily. However, for a complete and definitive understanding of the pay practices of any company, users should refer directly to the actual, complete proxy statement. The Committee shall undertake an annual evaluation assessing its performance, which results shall be reported to the Board of Directors. executive summary climate change resilience report, new energies: growing our lower carbon businesses. Were working together to provide energy that drives human progress. 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. 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. San Ramon, CA 94583, Email Chevron's Board at corpgov@chevron.com. $51,102. Kaiser Permanente: TERESA STARK, Vice President, Government Relations. They should have sufficient time to effectively carry out their duties. Dr. Moyo earned a bachelor's degree in chemistry and MBA degree in Business Administration from American University, an M.P.A. The By-Laws provide that the number of Directors is determined by the Board. The Board has four standing Committees: Audit, Board Nominating and Governance, Management Compensation, and Public Policy and Sustainability. Chevron. 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. The estimated total pay for a Director at Chevron is $386,010 per year. Other executives include Pierre R. Breber, Vice President and Chief Financial Officer; Rhonda J. Morris, Vice President and Chief Human Resources Officer and 30 others. Employee Directors are not paid additional compensation for their services as Directors. CEO Pay. The average salary for a Director is $129,357 per year in United States, which is 66% lower than the average Chevron salary of $386,010 per year for this job. The Board annually reviews the CEO performance. ; 71% of the management team is White. To be considered independent, a Director must be determined by the Board, after recommendation by the Board Nominating and Governance Committee and after due deliberation, to have no material relationship with the Company other than as a Director. Anyone who processes or inspects ballots, proxy forms or voting instructions signs a pledge to treat them as confidential. Only the proxy solicitor, proxy tabulator and the Inspector of Election have access to the ballots, proxy forms and voting instructions. Toggle Controversies subsection 5.1 Lago Agrio and Steven Donziger. The Board and each Board Committee conduct a self-evaluation annually. The Board will obtain stockholder approval of any stockholder rights plan. You may also find the annual proxy statement by going directly to the company's website. 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 his 40 years with the company, he has gained extensive industry and international experience through a wide variety of leadership roles. The Board also expects Directors, officers and employees to acknowledge their adherence to the Corporation's Business Conduct and Ethics Code. Learn about salaries, benefits, salary satisfaction and where you could earn the most. certificate of incorporation All Other Compensation: Compensation that is paid in the form of perquisites, such as expense reimbursement. 2019. The community relies on everyone sharing. The Board Nominating and Governance Committee reviews interested-party communications, including stockholder inquiries, directed to Independent Directors. We have exciting capital projects that use innovative technology designed to provide decades of energy. See the full leadership team at Craft. The "Most Likely Range" represents values that exist within the 25th and 75th percentile of all pay data available for this role. 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. While the average employee salary at Chevron is $50,184, there is a big variation in pay depending on the role. ELOHOR AIBONI. 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 . 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. In addition, various elements of strategy are discussed at every regular Board meeting, as well as at meetings of the Boards Committees. Managing Director at Chevron. , which results shall be reported to the Board has four standing Committees Audit. Degree from Harvard University and a Ph.D. in Economics from the University of Oxford that. Conduct a self-evaluation annually and its employees have a worldwide reputation for conducting business with honesty and integrity Committee a. 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