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The latest update is out from Chevron ( (CVX) ).
On January 29, 2025, Chevron’s independent Board of Directors reviewed and adjusted the compensation of its executive officers. CEO Michael K. Wirth’s salary remained unchanged, whereas other executives, including Eimear P. Bonner and Mark A. Nelson, received salary increases effective March 1, 2025. The Board also maintained existing target percentages for the Chevron Incentive Plan (CIP) and approved significant equity awards under the 2022 Long-Term Incentive Plan, reflecting Chevron’s strategic focus on rewarding performance and retaining executive talent. Additionally, the equity awards include performance shares and stock options, with vesting periods and conditions tied to Chevron’s performance against industry peers and the S&P 500 Index, highlighting the company’s commitment to aligning executive compensation with shareholder returns.
More about Chevron
Chevron Corporation is a leading integrated energy company involved in the exploration, production, and refining of oil and natural gas. The company focuses on delivering energy solutions globally.
YTD Price Performance: 6.55%
Average Trading Volume: 8,283,886
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: $280.9B
Learn more about CVX stock on TipRanks’ Stock Analysis page.
