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Chevron paid roughly $350,000 last year to bolster security at Wirth's home and about $16,000 for a medical checkup and related costs for its incoming CEO. Chevron's new CEO gets $1.5 million ...
In 2016, which was Schiller's last full year as president and CEO, he earned a base salary of $910,000, a $568,750 bonus, $1.5 million in nonequity incentive plan compensation, $1.2 million in ...
Woods’s pay was up $1 million from a year earlier. He was paid slightly higher than Mike Wirth, CEO of Chevron, another U.S.-based oil major, who received $26.5 million.
Since the 1990s, CEO compensation in the U.S. has outpaced corporate profits, economic growth and the average compensation of all workers. Between 1980 and 2004, Mutual Fund founder John Bogle estimates total CEO compensation grew 8.5 per cent/year compared to corporate profit growth of 2.9 per cent/year and per capita income growth of 3.1 per cent.
The pay for the five top-earning executives at each of the largest 1500 American companies for the ten years from 1994 to 2004 is estimated at approximately $500 billion in 2005 dollars. [46] As of late March 2012, USA Today's tally showed the median CEO pay of the S&P 500 for 2011 was $9.6 million. [47] Lower level executives also have fared well.
In 1980, he joined the Chevron Corporation. He served as its chief financial officer from 2001 to 2005. [1] [2] From 2009 to 2010, he was Vice-chairman of the board. [1] [2] Since 2010, he has served as chairman and CEO. [1] [2]
Michael Wirth: Chevron Corp. 2019 pay: $33,070,662. ... GOBankingRates then found how many minutes it would take each CEO to make the five mean household income quintiles and top 5% mean household ...
Chevron, however, did not do business in the 2020s without controversy and regulatory obstacles. Chevron Phillips Chemical, a company jointly owned by Chevron and Phillips 66, agreed to pay $118 million in March 2022 as a result of violating the Clean Air Act at three of its chemical production