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On January 31, 2024, Chevron Corporation conducted its annual executive compensation review, resulting in salary increases for certain executives and the approval of equity awards under the 2022 Long-Term Incentive Plan (LTIP). Chevron's CEO, Michael K. Wirth, received a base salary increase to $1,900,000, while Vice Chairman Mark A. Nelson and Vice President and General Counsel R. Hewitt Pate also saw salary increases. Vice President and CFO Pierre R. Breber's salary remained unchanged in anticipation of his retirement. The Board approved equity grant target values for the executives, with Mr. Wirth receiving $17,500,000. The equity awards, effective from February 6, 2024, include performance shares, restricted stock units, and stock options, with vesting terms and performance criteria detailed in the announcement. The performance shares are contingent on Chevron's relative Total Shareholder Return and Return on Capital Employed compared to a peer group. The announcement also noted that new forms of award agreements under the 2022 LTIP have been approved for future executive officer and employee awards.
On January 31, 2024, Chevron Corporation conducted its annual executive compensation review, resulting in salary increases for certain executives and the approval of equity awards under the 2022 Long-Term Incentive Plan (LTIP). Chevron's CEO, Michael K. Wirth, received a base salary increase to $1,900,000, while Vice Chairman Mark A. Nelson and Vice President and General Counsel R. Hewitt Pate also saw salary increases. Vice President and CFO Pierre R. Breber's salary remained unchanged in anticipation of his retirement. The Board approved equity grant target values for the executives, with Mr. Wirth receiving $17,500,000. The equity awards, effective from February 6, 2024, include performance shares, restricted stock units, and stock options, with vesting terms and performance criteria detailed in the announcement. The performance shares are contingent on Chevron's relative Total Shareholder Return and Return on Capital Employed compared to a peer group. The announcement also noted that new forms of award agreements under the 2022 LTIP have been approved for future executive officer and employee awards.
2024年1月31日，雪佛龍公司進行了年度高管薪酬審查，結果增加了某些高管的薪酬，並批准了2022年長期激勵計劃（LTIP）下的股權獎勵。雪佛龍首席執行官邁克爾·沃思將基本工資提高至190萬美元，而副董事長馬克·納爾遜和副總裁兼總法律顧問休伊特·佩特也獲得了加薪。副總裁兼首席財務官皮埃爾·佈雷伯的薪水保持不變，因爲預計他將退休。董事會批准了高管的股權補助目標價值，沃思先生獲得了17,500,000美元。股票獎勵自2024年2月6日起生效，包括績效股票、限制性股票單位和股票期權，公告中詳述了歸屬條款和績效標準。績效份額取決於雪佛龍與同行群體相比的相對股東總回報率和已動用資本回報率。該公告還指出，2022年LTIP下的新形式的獎勵協議已獲批准，用於未來的執行官和員工獎勵。
2024年1月31日，雪佛龍公司進行了年度高管薪酬審查，結果增加了某些高管的薪酬，並批准了2022年長期激勵計劃（LTIP）下的股權獎勵。雪佛龍首席執行官邁克爾·沃思將基本工資提高至190萬美元，而副董事長馬克·納爾遜和副總裁兼總法律顧問休伊特·佩特也獲得了加薪。副總裁兼首席財務官皮埃爾·佈雷伯的薪水保持不變，因爲預計他將退休。董事會批准了高管的股權補助目標價值，沃思先生獲得了17,500,000美元。股票獎勵自2024年2月6日起生效，包括績效股票、限制性股票單位和股票期權，公告中詳述了歸屬條款和績效標準。績效份額取決於雪佛龍與同行群體相比的相對股東總回報率和已動用資本回報率。該公告還指出，2022年LTIP下的新形式的獎勵協議已獲批准，用於未來的執行官和員工獎勵。
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