Chevron Management

Management criteria checks 3/4

Chevron's CEO is Mike Wirth, appointed in Feb 2018, has a tenure of 6.92 years. total yearly compensation is $26.49M, comprised of 6.9% salary and 93.1% bonuses, including company stock and options. directly owns 0.002% of the company’s shares, worth €5.67M. The average tenure of the management team and the board of directors is 2.9 years and 7.5 years respectively.

Key information

Mike Wirth

Chief executive officer

US$26.5m

Total compensation

CEO salary percentage6.9%
CEO tenure6.9yrs
CEO ownership0.002%
Management average tenure2.9yrs
Board average tenure7.5yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Mike Wirth's remuneration changed compared to Chevron's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

US$17b

Jun 30 2024n/an/a

US$19b

Mar 31 2024n/an/a

US$20b

Dec 31 2023US$26mUS$2m

US$21b

Sep 30 2023n/an/a

US$25b

Jun 30 2023n/an/a

US$30b

Mar 31 2023n/an/a

US$36b

Dec 31 2022US$24mUS$2m

US$35b

Sep 30 2022n/an/a

US$34b

Jun 30 2022n/an/a

US$29b

Mar 31 2022n/an/a

US$21b

Dec 31 2021US$23mUS$2m

US$16b

Sep 30 2021n/an/a

US$10b

Jun 30 2021n/an/a

US$4b

Mar 31 2021n/an/a

-US$8b

Dec 31 2020US$29mUS$2m

-US$6b

Sep 30 2020n/an/a

-US$11b

Jun 30 2020n/an/a

-US$9b

Mar 31 2020n/an/a

US$4b

Dec 31 2019US$33mUS$2m

US$3b

Sep 30 2019n/an/a

US$13b

Jun 30 2019n/an/a

US$15b

Mar 31 2019n/an/a

US$14b

Dec 31 2018US$21mUS$1m

US$15b

Compensation vs Market: Mike's total compensation ($USD26.49M) is above average for companies of similar size in the German market ($USD4.77M).

Compensation vs Earnings: Mike's compensation has been consistent with company performance over the past year.


CEO

Mike Wirth (63 yo)

6.9yrs

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

NamePositionTenureCompensationOwnership
Michael Wirth
Chairman & CEO6.9yrsUS$26.49m0.0022%
€ 5.7m
R. Pate
VP & General Counsel15.4yrsUS$7.28m0.0013%
€ 3.2m
Mark Nelson
Vice Chairmanno dataUS$12.22m0.0011%
€ 2.9m
Eimear Bonner
VP & Chief Financial Officerless than a yearno data0.000090%
€ 229.8k
Jake Spiering
General Manager of Investor Relationsno datano datano data
Michelle Green
VP & Chief Human Resources Officerno datano datano data
Clay Neff
President of International Exploration & Productionno datano datano data
Jeff Gustavson
President of Chevron New Energies & VP of Lower Carbon Energies3.4yrsno data0.000030%
€ 76.6k
Anoop Kumar
President of the National Lubricating Grease2.4yrsno datano data
Molly Laegeler
VP of Strategy & Sustainability1.3yrsno datano data
Andrew Walz
President of Downstreamno datano datano data
Paul Siegele
CTO & President - Chevron Energy Technology Company14yrsno datano data

2.9yrs

Average Tenure

61yo

Average Age

Experienced Management: CHV's management team is considered experienced (2.9 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Michael Wirth
Chairman & CEO7.9yrsUS$26.49m0.0022%
€ 5.7m
Enrique Hernandez
Independent Director16.1yrsUS$417.50k0.0016%
€ 4.2m
Debra Reed-Klages
Independent Director6.1yrsUS$417.50k0.00024%
€ 612.7k
Charles Moorman
Independent Director12.7yrsUS$422.50k0.00070%
€ 1.8m
John Frank
Independent Director7.2yrsUS$397.50k0.00015%
€ 382.9k
Marillyn Hewson
Independent Director4yrsUS$397.50k0.00018%
€ 459.5k
Alice Gast
Independent Director12.1yrsUS$416.08k0%
€ 0
Wanda Austin
Lead Independent Director8.1yrsUS$467.50k0.00076%
€ 1.9m
Cynthia Warner
Independent Director2.6yrsUS$397.50k0%
€ 0
Dambisa Moyo
Independent Director8.3yrsUS$387.50k0.00043%
€ 1.1m
Jon Huntsman
Independent Director4.3yrsUS$387.50k0.00032%
€ 817.0k
D. Umpleby
Independent Director6.8yrsUS$397.50k0.00059%
€ 1.5m

7.5yrs

Average Tenure

66.5yo

Average Age

Experienced Board: CHV's board of directors are considered experienced (7.5 years average tenure).


Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/07 06:20
End of Day Share Price 2025/01/07 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

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Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Chevron Corporation is covered by 66 analysts. 16 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
William SeleskyArgus Research Company
Ishan MajumdarBaptista Research
Betty JiangBarclays