Chevron Management
Management criteria checks 3/4
Chevron's CEO is Mike Wirth, appointed in Feb 2018, has a tenure of 6.58 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 CHF39.91M. The average tenure of the management team and the board of directors is 2.6 years and 7.2 years respectively.
Key information
Mike Wirth
Chief executive officer
US$26.5m
Total compensation
| CEO salary percentage | 6.9% |
| CEO tenure | 6.6yrs |
| CEO ownership | 0.02% |
| Management average tenure | 2.6yrs |
| Board average tenure | 7.2yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Jun 30 2024 | n/a | n/a | US$19b |
| 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 Swiss market ($USD4.73M).
Compensation vs Earnings: Mike's compensation has been consistent with company performance over the past year.
CEO
Mike Wirth (63 yo)
6.6yrs
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 | 6.6yrs | US$26.49m | 0.018% $ 39.9m | |
| VP & General Counsel | 15.1yrs | US$7.28m | 0.0044% $ 9.8m | |
| Vice Chairman | no data | US$12.22m | 0.0050% $ 11.1m | |
| Executive Vice President of Oil | 1.9yrs | US$10.04m | 0.0039% $ 8.8m | |
| VP & Chief Financial Officer | less than a year | no data | 0.000080% $ 179.0k | |
| General Manager of Investor Relations | no data | no data | no data | |
| VP & Chief Human Resources Officer | 5.6yrs | no data | 0.0024% $ 5.3m | |
| President of International Exploration & Production | no data | no data | no data | |
| President of Chevron New Energies & VP of Lower Carbon Energies | 3.1yrs | no data | 0.000030% $ 67.1k | |
| President of the National Lubricating Grease | 2.1yrs | no data | no data | |
| VP of Strategy & Sustainability | less than a year | no data | no data | |
| President of Americas Products | no data | no data | no data |
2.6yrs
Average Tenure
57.5yo
Average Age
Experienced Management: 001281709's management team is considered experienced (2.6 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman & CEO | 7.6yrs | US$26.49m | 0.018% $ 39.9m | |
| Independent Director | 15.8yrs | US$417.50k | 0.0016% $ 3.6m | |
| Independent Director | 5.8yrs | US$417.50k | 0.00023% $ 514.5k | |
| Independent Director | 12.3yrs | US$422.50k | 0.00069% $ 1.5m | |
| Independent Director | 6.8yrs | US$397.50k | 0.00014% $ 313.2k | |
| Independent Director | 3.7yrs | US$397.50k | 0.00017% $ 380.3k | |
| Independent Director | 11.8yrs | US$416.08k | 0% $ 0 | |
| Lead Independent Director | 7.8yrs | US$467.50k | 0.00074% $ 1.7m | |
| Independent Director | 2.3yrs | US$397.50k | 0% $ 0 | |
| Independent Director | 7.9yrs | US$387.50k | 0.00042% $ 939.5k | |
| Independent Director | 4yrs | US$387.50k | 0.00031% $ 693.5k | |
| Independent Director | 6.5yrs | US$397.50k | 0.00058% $ 1.3m |
7.2yrs
Average Tenure
66.5yo
Average Age
Experienced Board: 001281709's board of directors are considered experienced (7.2 years average tenure).