The Executive Committee of Shell plc is led by Chief Executive Officer (CEO) Wael Sawan. Find the best Executive Assistant to Director of the Board job in Wetteren with StepStone BE. Glassdoor has salaries, wages, tips, bonuses, and hourly pay based upon employee reports and estimates. Thorough reviews have been conducted to assure this data accurately reflects disclosures. ELOHOR AIBONI. 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 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 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, 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. All rights reserved. It also assists the Board of Directors in response to stockholder concerns regarding environmental, social, human rights, political, and public policy matters. 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. 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. We strive to enable human progress in a sustainable manner to serve the worlds growing population and create a better future. She was both the first woman, and the first African-American, to hold this position. Coronavirus Tips Working and Protection. (ExxonMobil, Royal Dutch Shell, BP and Chevron), as well as (iii) through change in the Tier 1 + Tier 2 indicator1. Strategy, Policy & Development, executive summary climate change resilience report, new energies: growing our lower carbon businesses. The following shall be the common recurring duties and responsibilities of the Committee in carrying out its purposes. Huntsman is also a member of the Chevron board of directors. CEO Pay. The Board dedicates at least one Board meeting each year to focus on strategic planning. 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 proxy must be sent to every shareholder in advance of the company's annual shareholders meeting. $51,102. 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. 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. The Corporation has and will continue to maintain the Business Conduct and Ethics Code. We strive to enable human progress in a sustainable manner to serve the worlds growing population and create a better future. Chevron has a confidential voting policy to protect stockholders' voting privacy. The information shown here is a reporting of information included in the company's proxy statement. 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 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. 6001 Bollinger Canyon Road The estimated total pay for a Operator at Chevron is $74,449 per year. $225,000 was awarded as stock and 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. Kaiser Permanente: TERESA STARK, Vice President, Government Relations. Fatgbems Group Managing Director Gets Southern Youth Assembly Leadership Award. He was . 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. Still provides a pension, while most employers do not. Subscribe to our newsletter to receive news & updates. Four- to six-year terms for Committee Chairpersons facilitate rotation of Committee chairpersons while preserving experienced leadership. promoting strong corporate governance practices. A mid . 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. $190,000 was received as fees earned or paid in cash, Thorough reviews have been conducted to assure this data accurately reflects disclosures. All Committees report regularly to the full Board of Directors with respect to their activities. . 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. $0 was received as options, Also, proxies must disclose specific detailed information regarding the pay practices for certain executives. Chevron announced that it is cutting up to 7,000 jobs, or 11 percent of its workforce. 76 open jobs for Board of directors. Maybe. Our model gets smarter over time as more people share salaries on Glassdoor. We have exciting capital projects that use innovative technology designed to provide decades of energy. 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. Dr. Moyo is on the board of the following organizations in addition to 3M: Chevron Corporation and Conde Nast. View detailed CVX description & address. 2001 2023 Chevron Corporation. The Committee utilizes the annual Board evaluation to gather input to assist the Committees' evaluation and recommendations. The community relies on everyone sharing. Learn about salaries, benefits, salary satisfaction and where you could earn the most. The Board Nominating and Governance Committee engages in succession planning for the Board and key leadership roles on the Board and its Committees. 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. 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 and its employees have a worldwide reputation for conducting business with honesty and integrity. The Board oversees the Corporation's strategic and business planning process. 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. How much does a Board of Directors make in Bethlehem, PA? Documents included in this section provide ways for investors to understand the foundation of our corporate governance. Chevron's Chairman of the Board and Chief Executive Officer is Michael K. Wirth. 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. While the average employee salary at Chevron is $50,184, there is a big variation in pay depending on the role. 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 . The current directors of Oando PLC are as follows: Search Board of directors jobs. 4 salaries reported, updated at September 21, 2020. 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. c/o Office of the Corporate Secretary The proxy must be sent to every shareholder in advance of the company's annual shareholders meeting. The agendas for Board meetings provide opportunities for the operating heads of the major businesses of the Corporation to make presentations to the Board. $0 was received as non-stock incentive plan compensation, . USAA. 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. For its 2021 fiscal year, CHEVRON CORP, listed the following board members on its annual proxy statement to the SEC. The Board Nominating and Governance Committee periodically reviews and recommends changes to Board compensation to maintain total compensation that is competitive and appropriate. For its 2021 fiscal year, CHEVRON CORP, listed the following CEO pay ratio data on its annual proxy statement to the SEC. Jon Huntsman Jr., who ran against Mitt Romney in 2012 for the GOP presidential nomination, has rejoined the board of . The Board will reconsider any stockholder proposal not supported by the Board that receives a majority of the votes cast at the Annual Meeting at which a quorum is present. 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. Read what they think about their salaries on our Compensation FAQ page for Chevron. These procedures can be found on the Chevron website at http://www.chevron.com/investors/corporate-governance. Top companies for Board of Directorses in Little Rock, AR. The estimated base pay is $196,619 per year. Geagea holds a bachelor's degree and a master's degree in civil engineering from the University of Illinois. 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. The estimated additional pay is $188,449 per year. 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. The Committee shall review executive compensation-related stockholder proposals and recommend a Board of Directors response. 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. 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 ; 13% of Koch Industries management is Hispanic or Latino. Action taken on the proposal will be reported to stockholders in a timely manner. As part of its review the Committee will consider the relative alignment of the Wirth, who also serves as chairman of Chevron's board of directors, was named CEO in February 2018 after a more than 30-year career at the San Ramon, California-headquartered oil major. Employee Directors may not serve as Directors once their employment with the Corporation ends. 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. Detroit Free Press. Total Named Director Compensation: The sum of all dollar values above. pdf opens in new window, by-laws notice re: updated business conduct and ethics code. The estimated total pay for a Director at Chevron is $385,179 per year. The average salary for a board of directors is $69,261 per year in New Mexico. We have exciting capital projects that use innovative technology designed to provide decades of energy. The Board and each Board Committee conduct a self-evaluation annually. Under this policy, ballots, proxy forms and voting instructions returned to brokerage firms, banks and other holders of record are kept confidential. In his 40 years with the company, he has gained extensive industry and international experience through a wide variety of leadership roles. Jeff Ewing. Directors are encouraged and provided opportunities to talk directly to any member of management or any other employee regarding any questions or concerns the Director may have. $10,492 came from other types of compensation. ; 71% of the management team is White. 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. Chevron employees rate the overall compensation and benefits package 4/5 stars. 8. The Committee shall report regularly to the full Board of Directors with respect to its activities. Jim was appointed President of Solar Turbines and Vice President of . 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. 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. Stockholders may recommend a nominee by writing to the Corporate Secretary specifying the nominees name and the qualifications for Board membership. MANAGING DIRECTOR, SHELL NIGERIA EXPLORATION AND PRODUCTION COMPANY LIMITED. 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. subscribe to our newsletter to receive news and updates. $37,500 was received as options, The Corporate Secretary and Chief Governance Officer will compile the communications, summarize . Non-Stock Incentive Plan Compensation: Cash compensation earned for the achievement of predefined objectives. Previously, Mr. Capellas was President of Hewlett-Packard Company . View Jobs at Chevron. Chevron has always put people at the center of the energy conversation. 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. Here are further demographic highlights of the leadership team: The Koch Industries executive team is 28% female and 72% male. San Ramon, California 94583-0806. Estimated salaries Data source tooltip for average base salary. Directors serve for a one-year term and until their successors are elected. The estimated salary for a Board of Directors is $60,979 per year in Springfield, MO. To read more about any of the committees click on the committee name listed at the top of the table. They should have sufficient time to effectively carry out their duties. The lowest-paying job at Chevron is a Cashier with a salary of $36,136 per year. $68,750 . As a member of Board of Directors at CHEVRON CORP , John B. Frank made $385,492 in total compensation. 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). $0 was received as non-stock incentive plan compensation, Ford taps Jon Huntsman Jr., former diplomat to Russia, for board of directors. 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 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. Our strong results come from empowering our people. 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. 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. A majority of the Board consists of independent Directors, as defined by the New York Stock Exchange. 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. He joined Texaco Cameroon in 1987 and was seconded to Texaco Nigeria Limited in 1998, where he held various positions of increasing responsibility within the organization (Texaco - ChevronTexaco-Chervron West-Africa) till 2008 when he was appointed Managing Director of Chevron Ivory Cost in Abidjan. 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. 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. 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. Because we understand that the well-being of people everywhere depends on energy. 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. Chevron's Board committeemembership is shown below. The proxy must be sent to every shareholder in advance of the company's annual shareholders meeting. CONTACT INFO 5B, Folusho Alade Str., Awuse Est., Opebi, Ikeja, Lagos TEL: (+234) 01 4538694 MOBILE . purpose. Chevron Corporation Other Compensation covers all compensation-like awards that don't fit in any of these other standard categories. Estimated salaries Data source tooltip for average base salary. Company profile for Honeywell Flour Mills PLC including key executives, insider trading, ownership, revenue and average growth rates. Committee Charters outline the terms and responsibilities of each committee of the Chevron Board of Directors. The Corporate Secretary and Chief Governance Officer will compile the communications, summarize lengthy or repetitive communications received and report onresponsessent. 475:1. Email Chevron's Board at corpgov@chevron.com. 6001 Bollinger Canyon Road. Tesla CEO Elon Musk is currently working for free.. Chevron. $24,298,032. 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. 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. Copyright 2008-2023, Glassdoor, Inc. "Glassdoor" and logo are registered trademarks of Glassdoor, Inc. John B. Frank made $385,492 in total compensation. 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. However, for a complete and definitive understanding of the pay practices of any company, users should refer directly to the actual, complete proxy statement. Each year the Board reviews the long-term strategic plan for the Corporation and the principal issues that the Corporation expects to face in the future. Is this useful? Objective (s): To assess the routine HIV testing completeness and treatment initiation . Our strong results come from empowering our people. 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. Option Awards: Compensation paid in the form of company equity that is structured as stock options. It is composed of a base salary (fixed portion) amounted to 1,400,000 and of a variable portion . 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. The Board has structured its compensation to strive to result in ownership of at least seven times the annual cash retainer amount or 15,000 shares of stock or stock units after five years of service as a Director. The Lead Director will have the authority to call meetings of the independent Directors and will be available as appropriate for consultation and direct communication with major stockholders. Chevron employees attributed a compensation and benefits rating of 4.0/5 stars to their company. The Board is made up of eleven (11) individuals from diverse academic and professional backgrounds of which six (6) are non-executive directors. The estimated additional pay is $14,277 per year. 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. The estimated base pay is $196,730 per year. Chevron has always put people at the center of the energy conversation. A worker with the title team leader salary at Chevron can earn an average yearly salary of $151,958. He was also part of the board of directors at Chevron Phillips Chemical alongside fellow executive representatives for company owners Chevron U.S . 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. . Get the right Board of directors job with company ratings & salaries. Also, proxies must disclose specific detailed information regarding the pay practices for certain executives. Change in Pension Value and Nonqualified Deferred Compensation Earnings. The Board annually reviews the CEO performance. Each independent Director generally serves on one or two Committees. The Board will obtain stockholder approval of any stockholder rights plan. US oil giants ExxonMobil and Chevron have suffered shareholder rebellions from climate activists and disgruntled institutional investors over their . Director Gets Southern Youth Assembly leadership Award and key leadership roles obtain stockholder approval of any stockholder plan. Company owners Chevron U.S percent of its workforce conducting business with honesty and integrity '. Key executives, insider trading, ownership, revenue and average growth rates 72 male! Report, new energies: growing our lower carbon businesses 385,179 per year was... Female and 72 % male Officer is Michael K. Wirth Committee shall report regularly to principles. 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