Chevron Management
Management criteria checks 3/4
Chevron's CEO is Mike Wirth, appointed in Feb 2018, has a tenure of 6.83 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 $5.74M. The average tenure of the management team and the board of directors is 4.6 years and 7.5 years respectively.
Key information
Mike Wirth
Chief executive officer
US$26.5m
Total compensation
| CEO salary percentage | 6.9% |
| CEO tenure | 6.8yrs |
| CEO ownership | 0.002% |
| Management average tenure | 4.6yrs |
| Board average tenure | 7.5yrs |
Recent management updates
Recent updates
Chevron: Cash, Baby, Cash Is Good News For Shareholders
Dec 18Chevron: Oil Prices Break Below $70, But CVX Remains Undervalued
Dec 08Chevron: A Top Energy Investment For 2025
Nov 18Chevron Corporation Just Beat EPS By 6.6%: Here's What Analysts Think Will Happen Next
Nov 05
Chevron: Good Quarter But Mr. Market Turns Pessimistic
Nov 03Chevron: 3 Reasons This Is The King Of Oil Dividend Aristocrats
Oct 22We Think Chevron (NYSE:CVX) Can Stay On Top Of Its Debt
Oct 18Chevron: Think Of The Future - Buy
Oct 06Striking Oil: Why Chevron Remains A Strong Buy
Sep 20Chevron: Don't Miss This Buying Opportunity
Aug 20Buy Chevron Stock For The Overhangs
Aug 14Chevron Options Still Offer Better Prospects Than Hess
Aug 07Chevron Corporation Just Missed Earnings - But Analysts Have Updated Their Models
Aug 05Chevron Has A Strong Growth Trajectory Into 2025
Jul 31Sentiment Still Eluding Chevron Corporation (NYSE:CVX)
Jul 26Chevron: I Don't Own It But I Should As It Yields Over 4%
Jul 08Chevron's 4.2% Yield Is A Steal (Upgrade)
Jul 01Is Chevron (NYSE:CVX) Using Too Much Debt?
Jun 07Chevron: Never Bet Against A Leading Oil Major
Jun 04It's Unlikely That Chevron Corporation's (NYSE:CVX) CEO Will See A Huge Pay Rise This Year
May 23Chevron Stock's EPS Growth Potential Can Surprise Market
May 08Chevron: The Fast Way To Hot Spots
May 01Analysts Have Made A Financial Statement On Chevron Corporation's (NYSE:CVX) First-Quarter Report
Apr 30Chevron: Resilient To Oil Price Volatility But Wait For A Pullback
Apr 19Chevron: A Strong Q1 Report Is Ahead
Apr 13Chevron: Solid As A Cap Rock But Fairly Valued For Now
Mar 26Chevron: Exxon Barges In To Scupper The Hess Deal Closure
Mar 12Chevron Is A Solid Company At A Respectable Price
Feb 27CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | US$17b |
| 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 US market ($USD12.85M).
Compensation vs Earnings: Mike's compensation has been consistent with company performance over the past year.
CEO
Mike Wirth (63 yo)
6.8yrs
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 | 6.8yrs | US$26.49m | 0.0022% $ 5.7m | |
| VP & General Counsel | 15.3yrs | US$7.28m | 0.0013% $ 3.3m | |
| Vice Chairman | no data | US$12.22m | 0.0011% $ 2.9m | |
| VP & Chief Financial Officer | less than a year | no data | 0.000090% $ 232.9k | |
| General Manager of Investor Relations | no data | no data | no data | |
| VP & Chief Human Resources Officer | 5.8yrs | no data | 0.0024% $ 6.3m | |
| President of International Exploration & Production | no data | no data | no data | |
| President of Chevron New Energies & VP of Lower Carbon Energies | 3.3yrs | no data | 0.000030% $ 77.6k | |
| President of the National Lubricating Grease | 2.3yrs | no data | no data | |
| VP of Strategy & Sustainability | 1.2yrs | no data | no data | |
| President of Downstream | no data | no data | no data | |
| CTO & President - Chevron Energy Technology Company | 13.9yrs | no data | no data |
4.6yrs
Average Tenure
60yo
Average Age
Experienced Management: CVX's management team is considered experienced (4.6 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman & CEO | 7.8yrs | US$26.49m | 0.0022% $ 5.7m | |
| Independent Director | 16yrs | US$417.50k | 0.0016% $ 4.2m | |
| Independent Director | 6yrs | US$417.50k | 0.00024% $ 621.1k | |
| Independent Director | 12.6yrs | US$422.50k | 0.00070% $ 1.8m | |
| Independent Director | 7.1yrs | US$397.50k | 0.00015% $ 388.2k | |
| Independent Director | 3.9yrs | US$397.50k | 0.00018% $ 465.8k | |
| Independent Director | 12yrs | US$416.08k | 0% $ 0 | |
| Lead Independent Director | 8yrs | US$467.50k | 0.00076% $ 2.0m | |
| Independent Director | 2.5yrs | US$397.50k | 0% $ 0 | |
| Independent Director | 8.2yrs | US$387.50k | 0.00043% $ 1.1m | |
| Independent Director | 4.3yrs | US$387.50k | 0.00032% $ 828.1k | |
| Independent Director | 6.8yrs | US$397.50k | 0.00059% $ 1.5m |
7.5yrs
Average Tenure
66.5yo
Average Age
Experienced Board: CVX's board of directors are considered experienced (7.5 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/30 22:36 |
| End of Day Share Price | 2024/12/30 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
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.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
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* 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. 18 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| William Selesky | Argus Research Company |
| Ishan Majumdar | Baptista Research |
| Betty Jiang | Barclays |