Chevron Management
Management criteria checks 3/4
Chevron's CEO is Mike Wirth, appointed in Feb 2018, has a tenure of 6.33 years. total yearly compensation is $26.49M, comprised of 6.9% salary and 93.1% bonuses, including company stock and options. directly owns 0.018% of the company’s shares, worth CA$72.18M. The average tenure of the management team and the board of directors is 5.3 years and 7 years respectively.
Key information
Mike Wirth
Chief executive officer
US$26.5m
Total compensation
CEO salary percentage | 6.9% |
CEO tenure | 6.3yrs |
CEO ownership | 0.02% |
Management average tenure | 5.3yrs |
Board average tenure | 7yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
Date | Total Compensation | Salary | Company Earnings |
---|---|---|---|
Mar 31 2024 | n/a | n/a | US$20b |
Dec 31 2023 | US$26m | US$2m | US$21b |
Sep 30 2023 | n/a | n/a | US$25b |
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$9b |
Compensation vs Market: Mike's total compensation ($USD26.49M) is above average for companies of similar size in the Canadian market ($USD8.38M).
Compensation vs Earnings: Mike's compensation has been consistent with company performance over the past year.
CEO
Mike Wirth (63 yo)
6.3yrs
Tenure
US$26,489,856
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 | 6.3yrs | US$26.49m | 0.018% $ 72.2m | |
VP & General Counsel | 14.8yrs | US$7.28m | 0.0044% $ 17.8m | |
Executive Vice President of Oil | 1.7yrs | US$10.04m | 0.0039% $ 15.9m | |
VP, CFO | less than a year | no data | 0.000080% $ 326.1k | |
VP & Chief Human Resources Officer | 5.3yrs | no data | 0.0024% $ 9.6m | |
President of International Exploration & Production | no data | no data | no data | |
President of Chevron New Energies & VP of Lower Carbon Energies | 2.8yrs | no data | 0.000030% $ 122.3k | |
President of the National Lubricating Grease | 1.8yrs | no data | no data | |
VP of Strategy & Sustainability | less than a year | no data | no data | |
CTO & President - Chevron Energy Technology Company | 13.4yrs | no data | no data | |
President of Europe | 10.4yrs | no data | no data | |
Chief Governance Officer & Corporate Secretary | 9.1yrs | no data | no data |
5.3yrs
Average Tenure
59.5yo
Average Age
Experienced Management: CHEV's management team is seasoned and experienced (5.3 years average tenure).
Board Members
Name | Position | Tenure | Compensation | Ownership |
---|---|---|---|---|
Chairman & CEO | 7.3yrs | US$26.49m | 0.018% $ 72.2m | |
Independent Director | 15.5yrs | US$417.50k | 0% $ 0 | |
Independent Director | 5.5yrs | US$417.50k | 0.00023% $ 937.4k | |
Independent Director | 12.1yrs | US$422.50k | 0.00068% $ 2.8m | |
Independent Director | 6.6yrs | US$397.50k | 0.00014% $ 570.6k | |
Independent Director | 3.4yrs | US$397.50k | 0.00017% $ 692.9k | |
Vice Chairman | 1.3yrs | US$12.22m | 0.0049% $ 20.1m | |
Independent Director | 11.5yrs | US$416.08k | 0% $ 0 | |
Lead Independent Director | 7.5yrs | US$467.50k | 0.00074% $ 3.0m | |
Independent Director | 7.7yrs | US$387.50k | 0.00048% $ 2.0m | |
Independent Director | 3.8yrs | US$387.50k | 0.00031% $ 1.3m | |
Independent Director | 6.3yrs | US$397.50k | 0.00058% $ 2.4m |
7.0yrs
Average Tenure
66.5yo
Average Age
Experienced Board: CHEV's board of directors are considered experienced (7 years average tenure).