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 Committee shall undertake an annual evaluation assessing its performance, which results shall be reported to the Board of Directors. Employee Directors are not paid additional compensation for their services as Directors. Still provides a pension, while most employers do not. San Ramon, CA 94583, Email Chevron's Board at corpgov@chevron.com. 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). Change in Pension Value and Nonqualified Deferred Compensation Earnings: The difference between such compensation between the prior year and the current year. To read more about any of the committees click on the committee name listed at the top of the table. Background: Patients who are newly screened HIV positive by EIA are lost to follow-up due to complicated HIV testing procedures. Other Compensation covers all compensation-like awards that don't fit in any of these other standard categories. Dr. Moyo is on the board of the following organizations in addition to 3M: Chevron Corporation and Conde Nast. 4.5 Current Board of directors. 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. Today's top 18,000+ Board Of Directors jobs in United States. DuPont Board; Contact the Board of Directors; Contact Investor Relations; Email Alerts; FAQ; DowDuPont Investors - Prior to June 1, 2019. We have exciting capital projects that use innovative technology designed to provide decades of energy. As provided in Chevrons By-Laws, candidates for Directors are elected annually by a majority vote in an uncontested election and by a plurality vote in a contested election. Name. 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. The Board of Directors oversees and provides policy guidance on the business and affairs of the Corporation. 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. Directors should have the highest professional and personal ethics and values, consistent with The Chevron Way and the Business Conduct and Ethics Code, and a commitment to building stockholder value. The compensation consists of cash and equity components with a goal of providing greater than 50 percent of compensation in equity. 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. The Board also expects Directors, officers and employees to acknowledge their adherence to the Corporation's Business Conduct and Ethics Code. Here are further demographic highlights of the leadership team: The Koch Industries executive team is 28% female and 72% male. Targets are based on a multiple of base salary: CEO six times; Vice Chairman, Executive Vice Presidents and Chief Financial Officer four times; all other executive officers two times. Our culture is built upon the principles of responsibility, trust and integrity. 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. In his 40 years with the company, he has gained extensive industry and international experience through a wide variety of leadership roles. Mr. Fusco was recruited by Calpine's key shareholders in 2008, just as that company was emerging from bankruptcy. Total Named Director Compensation: The sum of all dollar values above. The Committee recommends changes to improve the Board, the Board Committees and individual Director effectiveness. The proxy must be sent to every shareholder in advance of the company's annual shareholders meeting. $51,102. Get the right Board of directors job with company ratings & salaries. 6001 Bollinger Canyon Road 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. . Option Awards: Compensation paid in the form of company equity that is structured as stock options. If any nominee is unable to serve as a Director, the Board may reduce the number of Directors or choose a substitute. How much does a Board of Directors make in Springfield, MO? 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. Chevron's Board committeemembership is shown below. Chevron. The Board expects all Directors, as well as officers and employees, to display the highest standard of ethics, consistent with The Chevron Way. 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 estimated additional pay is $14,277 per year. Each independent Director generally serves on one or two Committees. As the CEO and Chairman, Wirth is set to earn $19 million . 8. 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. 48.36 -0.06. Chevron Chairman and Chief Executive Officer Mike Wirth will serve as the chairman of the API's board of directors. 6001 Bollinger Canyon Road. Mr. Diaz served as President, Chief Executive Officer and Chairman of the Board of Directors of Mitsubishi Motors North America, Inc. from April 2018 to April 2020 and as General Manager, Performance Optimization Global Marketing and Sales of Mitsubishi Motors Corporation in Tokyo, Japan from July 2017 to April 2018. Were working together to provide energy that drives human progress. (ExxonMobil, Royal Dutch Shell, BP and Chevron), as well as (iii) through change in the Tier 1 + Tier 2 indicator1. The Corporation has and will continue to maintain the Business Conduct and Ethics Code. The Board and each Board Committee have the right at any time to retain outside financial, legal or other advisors. The Committee shall annually review compensation policies and practices of the Corporation, including non-executive programs, to determine whether any such policies or practices encourage excessive risk taking, or are reasonably likely to have a material adverse effect on the Corporation. Fees Earned or Paid in Cash: This is the amount of fixed retainers and meeting fees and paid in the form of cash. 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. We strive to enable human progress in a sustainable manner to serve the worlds growing population and create a better future. Coronavirus Tips Working and Protection. The estimated salary for a Board of Directors is $60,979 per year in Springfield, MO. Estimated salaries Data source tooltip for average base salary. Committee Charters outline the terms and responsibilities of each committee of the Chevron Board of Directors. The Committee shall review and consider the results of the Corporations most recent Say on Pay vote, and any other feedback gathered through the Corporations ongoing stockholder engagement, in making executive compensation decisions and recommendations to the Board of Directors. All rights reserved. The members of the Committee shall be appointed by the Board of Directors upon the recommendation of the Board Nominating and Governance Committee. See the full leadership team at Craft. How much does a Board of Directors make in Naperville, IL? ExxonMobil shareholders votes to install at least two new independent directors to the company's board. . The current directors of Oando PLC are as follows: Board of Directors. Independent Directors meet in executive session at each regularly scheduled Board meeting. 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. Allfour standing Boardcommittees are composed entirely of independent directors. 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. View detailed CVX description & address. The estimated total pay for a Director at Chevron is $385,179 per year. Chevron has always put people at the center of the energy conversation. It also assists the Board of Directors in response to stockholder concerns regarding environmental, social, human rights, political, and public policy matters. Jim was appointed President of Solar Turbines and Vice President of . 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 base pay is $196,730 per year. Former Member, Rural Human Services Board of Directors 1987-2004 Former Member, Humboldt State University President's Advisory Board 1983-1996 Community Service Get a free, personalized salary estimate based on today's job market. He was . certificate of incorporation Chevron and its employees have a worldwide reputation for conducting business with honesty and integrity. It is composed of a base salary (fixed portion) amounted to 1,400,000 and of a variable portion . The proxy solicitor and the proxy tabulator will disclose information taken from the ballots, proxy forms and voting instructions only in the event of a proxy contest or as otherwise required by law. Committee members serve staggered terms enabling Directors to rotate periodically to different Committees. 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 average salary for a board of directors is $69,261 per year in New Mexico. 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. 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) 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. Stockholders may recommend a nominee by writing to the Corporate Secretary specifying the nominees name and the qualifications for Board membership. Nigeria. San Ramon, California 94583-0806. Were working together to provide energy that drives human progress. 5% . Non-employee Directors receive compensation that is competitive, links rewards to business results and stockholder returns, and facilitates increased ownership of the Corporation's stock. Numbers reported do not include change in pension value and non-qualified deferred compensation earnings. 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