How Wirth was paid
$26.8M in total for fiscal 2025, as reported in the Summary Compensation Table. Equity awards are valued at grant, not at what they turned out to be worth.
Named executive officers
| Executive | Salary | Stock | Options | Incentive | Pension | Other | Total |
|---|---|---|---|---|---|---|---|
| M.K. WirthChairman and Chief Executive Officer | $1,900,000 | $13,524,995 | $4,376,640 | $3,562,500 | $1,079,652 | $2,384,453 | $26,828,240 |
| E.P. BonnerChief Financial Officer | $1,039,583 | $3,345,741 | $1,082,880 | $1,443,800 | $343,467 | $270,592 | $7,526,063 |
| M.A. NelsonVice Chairman | $1,314,583 | $5,333,569 | $1,725,840 | $1,788,800 | $512,303 | $373,052 | $11,048,147 |
| R.H. PateChief Legal Officer | $1,189,583 | $3,345,741 | $1,082,880 | $2,640,000 | $550,678 | $297,967 | $9,106,849 |
| R.C. NeffPresident, Upstream | $999,625 | $2,519,945 | $815,920 | $1,137,500 | $440,294 | $3,313,882 | $9,227,166 |
What changed and why
- $26.8MCEO total compensation decreased to $26,828,240 in fiscal 2025 from $32,716,940 in fiscal 2024.
- $12.3BNet income declined 30% to $12.3 billion due to lower oil prices.
- 3.7MWorldwide oil and gas production reached a record 3.7 million barrels per day.
- $27.1BStockholders returned a record $27.1 billion in cash through dividends and repurchases.
- 94.0%Chevron's 2025 Say-on-Pay proposal received 94.0% support from stockholders.
About this page
Figures are automated and can be wrong; check the filing for the exact numbers. Totals follow SEC rules, which value stock and option awards at grant. Read the DEF 14A proxy statement for footnotes and the compensation committee's full reasoning.