secwatch / observer
8-K filed June 2, 2023, 7:59 PM ET ticker CVX CIK 0000093410
other material confidence high sentiment neutral materiality 0.15

Chevron shareholders elect all 12 director nominees, reject all 7 shareholder proposals

CHEVRON CORP

Key facts

Extracted from this filing and checked against the source text.

Shareholder Votes SEC 8-K Item 5.07 confidence 0.9

CHEVRON CORP shareholders rejected Stockholder proposal regarding a report on racial equity audit at the 2023-05-31 meeting.

Outcome
failed
Meeting
2023-05-31
Exact text from the filing
The stockholder proposal regarding a report on racial equity audit was not approved based upon the following votes: Votes For 130,474,785 9.8 % Votes Against 1,204,369,693 90.2 % Abstentions 22,967,575 Broker Non-Votes 254,752,768
View on SEC.gov
Shareholder Votes SEC 8-K Item 5.07 confidence 0.9

CHEVRON CORP shareholders approved Advisory vote to approve compensation of named executive officers at the 2023-05-31 meeting.

Proposal
say on pay
Outcome
passed
Meeting
2023-05-31
Exact text from the filing
The Board’s proposal for stockholders to approve, on an advisory basis, the compensation of Chevron’s named executive officers was approved based upon the following votes: Votes For 1,278,875,726 94.8 % Votes Against 70,734,093 5.2 % Abstentions 8,202,234 Broker Non-Votes 254,752,768
View on SEC.gov
Shareholder Votes SEC 8-K Item 5.07 confidence 0.9

CHEVRON CORP shareholders rejected Stockholder proposal to recalculate emissions baseline to exclude emissions from material divestitures at the 2023-05-31 meeting.

Outcome
failed
Meeting
2023-05-31
Exact text from the filing
The stockholder proposal to recalculate emissions baseline to exclude emissions from material divestitures was not approved based upon the following votes: Votes For 244,643,534 18.3 % Votes Against 1,091,422,043 81.7 % Abstentions 21,746,476 Broker Non-Votes 254,752,768
View on SEC.gov
Shareholder Votes SEC 8-K Item 5.07 confidence 0.9

CHEVRON CORP shareholders rejected Stockholder proposal to establish a board committee on decarbonization risk at the 2023-05-31 meeting.

Outcome
failed
Meeting
2023-05-31
Exact text from the filing
The stockholder proposal to establish a board committee on decarbonization risk was not approved based upon the following votes: Votes For 20,805,755 1.6 % Votes Against 1,317,400,540 98.4 % Abstentions 19,605,758 Broker Non-Votes 254,752,768
View on SEC.gov
Shareholder Votes SEC 8-K Item 5.07 confidence 0.9

CHEVRON CORP shareholders rejected Stockholder proposal to set a medium-term Scope 3 GHG emissions reduction target at the 2023-05-31 meeting.

Outcome
failed
Meeting
2023-05-31
Exact text from the filing
The stockholder proposal to set a medium-term Scope 3 GHG emissions reduction target was not approved based upon the following votes: Votes For 126,481,041 9.6 % Votes Against 1,197,276,946 90.4 % Abstentions 34,054,066 Broker Non-Votes 254,752,768
View on SEC.gov
Shareholder Votes SEC 8-K Item 5.07 confidence 0.9

CHEVRON CORP shareholders approved Ratification of PricewaterhouseCoopers LLP as independent registered public accounting firm for 2023 at the 2023-05-31 meeting.

Proposal
auditor ratification
Outcome
passed
Meeting
2023-05-31
Exact text from the filing
The Board’s proposal to ratify the appointment of PricewaterhouseCoopers LLP as Chevron’s independent registered public accounting firm for 2023 was approved based upon the following votes: Votes For 1,567,505,339 97.4 % Votes Against 41,288,506 2.6 % Abstentions 3,770,976 Broker Non-Votes Brokers were permitted to cast stockholder non-votes (i.e., uninstructed shares) at their discretion on this proposal item, and such non-votes are reflected in the votes for or against or abstentions.
View on SEC.gov
Shareholder Votes SEC 8-K Item 5.07 confidence 0.9

CHEVRON CORP shareholders rejected Stockholder proposal regarding adopting a policy for an independent chair at the 2023-05-31 meeting.

Outcome
failed
Meeting
2023-05-31
Exact text from the filing
The stockholder proposal regarding adopting a policy for an independent chair was not approved based upon the following votes: Votes For 268,558,758 19.9 % Votes Against 1,081,226,261 80.1 % Abstentions 8,027,034 Broker Non-Votes 254,752,768
View on SEC.gov
Shareholder Votes SEC 8-K Item 5.07 confidence 0.9

CHEVRON CORP shareholders rejected Stockholder proposal regarding a report on worker and community impact from facility closures and energy transitions at the 2023-05-31 meeting.

Outcome
failed
Meeting
2023-05-31
Exact text from the filing
The stockholder proposal regarding a report on worker and community impact from facility closures and energy transitions was not approved based upon the following votes: Votes For 233,776,859 18.6 % Votes Against 1,021,863,493 81.4 % Abstentions 102,171,701 Broker Non-Votes 254,752,768
View on SEC.gov
Shareholder Votes SEC 8-K Item 5.07 confidence 0.9

CHEVRON CORP shareholders approved Advisory vote on frequency of future advisory votes on named executive officer compensation at the 2023-05-31 meeting.

Proposal
say on pay frequency
Outcome
passed
Meeting
2023-05-31
Exact text from the filing
The Board’s proposal for stockholders to vote, on an advisory basis, as to the frequency of future advisory votes on Chevron’s named executive officer compensation received the following votes: Votes For 1 Year 1,317,640,293 97.4 % Votes For 2 Years 4,673,790 0.4 % Votes For 3 Years 30,132,360 2.2 % Abstentions 5,365,610 Broker Non-Votes 254,752,768
View on SEC.gov
Shareholder Votes SEC 8-K Item 5.07 confidence 0.9

CHEVRON CORP shareholders approved Election of Directors at the 2023-05-31 meeting.

Proposal
director election
Outcome
passed
Meeting
2023-05-31
Exact text from the filing
All nominees for election to the Chevron Board of Directors (“Board”) were elected, each for a one-year term, based upon the following votes: Nominee Votes For Votes Against Abstentions Broker Non-Votes Wanda M. Austin 1,284,432,877 94.9% 68,474,319 4,904,857 254,752,768 John B. Frank 1,274,300,996 94.2% 78,361,963 5,149,094 254,752,768 Alice P. Gast 1,289,348,132 95.3% 63,577,504 4,886,417 254,752,768 Enrique Hernandez, Jr. 1,250,530,408 92.4% 102,161,687 5,119,958 254,752,768 Marillyn A. Hewson 1,294,280,617 95.7% 58,245,366 5,286,070 254,752,768 Jon M. Huntsman Jr. 1,288,115,220 95.2% 64,769,032 4,927,801 254,752,768 Charles W. Moorman 1,276,130,158 94.3% 76,550,046 5,131,849 254,752,768 Dambisa F. Moyo 1,291,773,507 95.5% 60,788,112 5,250,434 254,752,768 Debra Reed-Klages 1,289,207,054 95.3% 63,622,177 4,982,822 254,752,768 D. James Umpleby III 1,290,170,390 95.4% 62,422,258 5,219,405 254,752,768 Cynthia J. Warner 1,292,688,683 95.6% 60,185,885 4,937,485 254,752,768 Michael K. Wirt
View on SEC.gov
Shareholder Votes SEC 8-K Item 5.07 confidence 0.9

CHEVRON CORP shareholders rejected Stockholder proposal to rescind the 2021 'reduce scope 3 emissions' stockholder proposal at the 2023-05-31 meeting.

Outcome
failed
Meeting
2023-05-31
Exact text from the filing
The stockholder proposal to rescind the 2021 "reduce scope 3 emissions" stockholder proposal was not approved based upon the following votes: Votes For 16,994,506 1.3 % Votes Against 1,329,380,598 98.7 % Abstentions 11,436,949 Broker Non-Votes 254,752,768
View on SEC.gov
Shareholder Votes SEC 8-K Item 5.07 confidence 0.9

CHEVRON CORP shareholders rejected Stockholder proposal regarding a report on tax practices at the 2023-05-31 meeting.

Outcome
failed
Meeting
2023-05-31
Exact text from the filing
The stockholder proposal regarding a report on tax practices was not approved based upon the following votes: Votes For 196,909,938 14.6 % Votes Against 1,148,005,158 85.4 % Abstentions 12,896,957 Broker Non-Votes 254,752,768
View on SEC.gov

214 shareholder votes filed in the last 30 days. Browse all shareholder votes →

CHEVRON CORP filing history →

Source: SEC EDGAR
accession 0000093410-23-000070
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