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CVX > SEC Filings for CVX > Form 8-K on 28-Mar-2014All Recent SEC Filings

Show all filings for CHEVRON CORP

Form 8-K for CHEVRON CORP


28-Mar-2014

Change in Directors or Principal Officers


Item 5.02 Departure of Directors or Certain Officers; Election of Directors;
Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
(e) On March 26, 2014, the independent Directors of the Board of Directors ("Board") of Chevron Corporation ("Chevron") approved a $36,000 increase to the annual base salary of J.S. Watson, Chairman and Chief Executive Officer, resulting in an annual base salary of $1,836,000, and ratified the decision of the Management Compensation Committee of the Board to increase the annual base salary of P.E. Yarrington, Chevron's Chief Financial Officer, by $50,000, resulting in an annual base salary of $1,050,000, and to increase the annual base salary of the following executives who are named in the Summary Compensation Table in Chevron's 2013 Proxy Statement: G.L. Kirkland, increase of $75,000, resulting in an annual base salary of $1,525,000; R.H. Pate, increase of $25,000, resulting in an annual base salary of $850,000; and M.K. Wirth, increase of $19,200, resulting in an annual base salary of $1,069,200. These base salary increases will be effective April 1, 2014.

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