Chevron Management
Management criteria checks 3/4
Chevron's CEO is Mike Wirth, appointed in Feb 2018, has a tenure of 6.67 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 $48.05M. The average tenure of the management team and the board of directors is 2.7 years and 7.3 years respectively.
Key information
Mike Wirth
Chief executive officer
US$26.5m
Total compensation
CEO salary percentage | 6.9% |
CEO tenure | 6.7yrs |
CEO ownership | 0.02% |
Management average tenure | 2.7yrs |
Board average tenure | 7.3yrs |
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 PE market ($USD5.57M).
Compensation vs Earnings: Mike's compensation has been consistent with company performance over the past year.
CEO
Mike Wirth (63 yo)
6.7yrs
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 | 6.7yrs | US$26.49m | 0.018% $ 48.1m | |
VP & General Counsel | 15.2yrs | US$7.28m | 0.0044% $ 11.9m | |
Vice Chairman | no data | US$12.22m | 0.0050% $ 13.4m | |
Executive Vice President of Oil | 2yrs | US$10.04m | 0.0039% $ 10.6m | |
VP & Chief Financial Officer | less than a year | no data | 0.000080% $ 215.5k | |
General Manager of Investor Relations | no data | no data | no data | |
VP & Chief Human Resources Officer | 5.7yrs | no data | 0.0024% $ 6.4m | |
President of International Exploration & Production | no data | no data | no data | |
President of Chevron New Energies & VP of Lower Carbon Energies | 3.2yrs | no data | 0.000030% $ 80.8k | |
President of the National Lubricating Grease | 2.2yrs | 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 |
2.7yrs
Average Tenure
57.5yo
Average Age
Experienced Management: CVX's management team is considered experienced (2.7 years average tenure).
Board Members
Name | Position | Tenure | Compensation | Ownership |
---|---|---|---|---|
Chairman & CEO | 7.7yrs | US$26.49m | 0.018% $ 48.1m | |
Independent Director | 15.8yrs | US$417.50k | 0.0016% $ 4.3m | |
Independent Director | 5.8yrs | US$417.50k | 0.00023% $ 619.5k | |
Independent Director | 12.4yrs | US$422.50k | 0.00069% $ 1.9m | |
Independent Director | 6.9yrs | US$397.50k | 0.00014% $ 377.1k | |
Independent Director | 3.8yrs | US$397.50k | 0.00017% $ 457.9k | |
Independent Director | 11.8yrs | US$416.08k | 0% $ 0 | |
Lead Independent Director | 7.8yrs | US$467.50k | 0.00074% $ 2.0m | |
Independent Director | 2.3yrs | US$397.50k | 0% $ 0 | |
Independent Director | 8yrs | US$387.50k | 0.00042% $ 1.1m | |
Independent Director | 4.1yrs | US$387.50k | 0.00031% $ 835.0k | |
Independent Director | 6.6yrs | US$397.50k | 0.00058% $ 1.6m |
7.3yrs
Average Tenure
66.5yo
Average Age
Experienced Board: CVX's board of directors are considered experienced (7.3 years average tenure).