Chevron Management
Management criteria checks 3/4
Chevron's CEO is Mike Wirth, appointed in Feb 2018, has a tenure of 5.67 years. total yearly compensation is $23.57M, comprised of 7.2% salary and 92.8% bonuses, including company stock and options. directly owns 0.002% of the company’s shares, worth $5.72M. The average tenure of the management team and the board of directors is 4.5 years and 6.3 years respectively.
Key information
Mike Wirth
Chief executive officer
US$23.6m
Total compensation
| CEO salary percentage | 7.2% |
| CEO tenure | 5.7yrs |
| CEO ownership | 0.002% |
| Management average tenure | 4.5yrs |
| Board average tenure | 6.3yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Jun 30 2023 | n/a | n/a | US$30b |
| Mar 31 2023 | n/a | n/a | US$36b |
| Dec 31 2022 | US$24m | US$2m | US$35b |
| Sep 30 2022 | n/a | n/a | US$34b |
| Jun 30 2022 | n/a | n/a | US$29b |
| Mar 31 2022 | n/a | n/a | US$21b |
| Dec 31 2021 | US$23m | US$2m | US$16b |
| Sep 30 2021 | n/a | n/a | US$10b |
| Jun 30 2021 | n/a | n/a | US$4b |
| Mar 31 2021 | n/a | n/a | -US$8b |
| Dec 31 2020 | US$29m | US$2m | -US$6b |
| Sep 30 2020 | n/a | n/a | -US$11b |
| Jun 30 2020 | n/a | n/a | -US$9b |
| Mar 31 2020 | n/a | n/a | US$4b |
| Dec 31 2019 | US$33m | US$2m | US$3b |
| Sep 30 2019 | n/a | n/a | US$13b |
| Jun 30 2019 | n/a | n/a | US$15b |
| Mar 31 2019 | n/a | n/a | US$14b |
| Dec 31 2018 | US$21m | US$1m | US$15b |
| Sep 30 2018 | n/a | n/a | US$14b |
| Jun 30 2018 | n/a | n/a | US$12b |
| Mar 31 2018 | n/a | n/a | US$10b |
| Dec 31 2017 | US$12m | US$1m | US$9b |
| Sep 30 2017 | n/a | n/a | US$6b |
| Jun 30 2017 | n/a | n/a | US$6b |
| Mar 31 2017 | n/a | n/a | US$3b |
| Dec 31 2016 | US$9m | US$1m | -US$497m |
Compensation vs Market: Mike's total compensation ($USD23.57M) is above average for companies of similar size in the Belgian market ($USD3.30M).
Compensation vs Earnings: Mike's compensation has been consistent with company performance over the past year.
CEO
Mike Wirth (62 yo)
5.7yrs
Tenure
US$23,573,925
Compensation
Mr. Michael K. Wirth, also known as Mike, has been Chairman and Chief Executive Officer of Chevron Corporation since February 01, 2018. He is a Director at Chevron Corporation since February 1, 2017. He se...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman & CEO | 5.7yrs | US$23.57m | 0.0018% $ 5.7m | |
| VP & CFO | 4.5yrs | US$7.31m | 0.0026% $ 8.0m | |
| VP & General Counsel | 14.2yrs | US$8.12m | 0.0011% $ 3.4m | |
| Vice Chairman and Executive VP of Strategy | 4.6yrs | US$7.56m | 0.00094% $ 2.9m | |
| VP, CTO & President of Chevron Technical Center | 2.7yrs | no data | 0.000020% $ 62.2k | |
| VP & Chief Human Resources Officer | 4.7yrs | no data | 0.0022% $ 7.0m | |
| Executive Vice President of Oil | less than a year | no data | 0.00014% $ 435.4k | |
| President of International Exploration & Production | no data | no data | no data | |
| President of Chevron New Energies & VP of Lower Carbon Energies | 2.2yrs | no data | 0% $ 0 | |
| President of the National Lubricating Grease | 1.2yrs | no data | no data | |
| Vice President of Strategy & Sustainability | 1.8yrs | no data | no data | |
| CTO & President - Chevron Energy Technology Company | 12.8yrs | no data | no data |
4.5yrs
Average Tenure
59yo
Average Age
Experienced Management: CHTEX's management team is considered experienced (4.5 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman & CEO | 6.7yrs | US$23.57m | 0.0018% $ 5.7m | |
| Independent Director | 14.8yrs | US$426.53k | 0.00055% $ 1.7m | |
| Independent Director | 4.8yrs | US$427.26k | 0.00023% $ 715.2k | |
| Independent Director | 11.4yrs | US$410.00k | 0.00067% $ 2.1m | |
| Independent Director | 5.9yrs | US$388.94k | 0.00014% $ 435.4k | |
| Independent Director | 2.8yrs | US$399.06k | 0.00017% $ 528.7k | |
| Independent Director | 10.8yrs | US$408.40k | no data | |
| Lead Independent Director | 6.8yrs | US$451.55k | 0.00066% $ 2.1m | |
| Independent Director | 1.3yrs | US$312.49k | no data | |
| Independent Director | 7yrs | US$375.00k | 0.00047% $ 1.5m | |
| Independent Director | 3.1yrs | US$396.62k | 0.00023% $ 715.2k | |
| Independent Director | 5.6yrs | US$396.72k | 0.00050% $ 1.6m |
6.3yrs
Average Tenure
65.5yo
Average Age
Experienced Board: CHTEX's board of directors are considered experienced (6.3 years average tenure).