--- schema_version: "secwatch.filing_event.v1" accession: "0000093410-23-000070" form_type: "8-K" ticker: "CVX" cik: "0000093410" company_name: "CHEVRON CORP" filed_at: "2023-06-02T23:59:59+00:00" generated_at: "2026-06-14T08:49:42.718186+00:00" event_type: "other_material" sentiment: "neutral" materiality_score: 0.25 calibrated_materiality_score: 0.15 confidence: "high" source: SEC EDGAR --- # Chevron shareholders elect all 12 director nominees, reject all 7 shareholder proposals ## Summary - All 12 board nominees elected with at least 92.4% votes for; CEO Wirth received 93.2% support. - Advisory say-on-pay approved with 94.8% for; frequency of future advisory votes set at 1 year (97.4%). - All seven shareholder proposals defeated: Scope 3 target (90.4% against), independent chair (80.1% against), racial equity audit (90.2% against). - Ratification of PwC as auditor for 2023 approved with 97.4% of votes cast. ## SEC filing metadata - accession: 0000093410-23-000070 - form_type: 8-K - ticker: CVX - cik: 0000093410 - company_name: CHEVRON CORP - filed_at: 2023-06-02T23:59:59+00:00 - event_type: other_material - sentiment: neutral - materiality_score: 0.25 - calibrated_materiality_score: 0.15 - confidence: high - sec_items: 5.07 - EDGAR index: https://www.sec.gov/Archives/edgar/data/93410/000009341023000070/0000093410-23-000070-index.htm - EDGAR primary document: https://www.sec.gov/Archives/edgar/data/93410/000009341023000070/cvx-20230531.htm ## Machine-readable alternates - HTML: https://secwatch.observer/filing/0000093410-23-000070 - JSON: https://secwatch.observer/filing/0000093410-23-000070.json - Plain text: https://secwatch.observer/filing/0000093410-23-000070.txt ## Key facts - Shareholder Votes 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 source text: 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 evidence_url: https://www.sec.gov/Archives/edgar/data/93410/000009341023000070/0000093410-23-000070-index.htm - Shareholder Votes 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 source text: 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 evidence_url: https://www.sec.gov/Archives/edgar/data/93410/000009341023000070/0000093410-23-000070-index.htm - Shareholder Votes 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 source text: 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 evidence_url: https://www.sec.gov/Archives/edgar/data/93410/000009341023000070/0000093410-23-000070-index.htm - Shareholder Votes 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 source text: 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 evidence_url: https://www.sec.gov/Archives/edgar/data/93410/000009341023000070/0000093410-23-000070-index.htm - Shareholder Votes 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 source text: 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 evidence_url: https://www.sec.gov/Archives/edgar/data/93410/000009341023000070/0000093410-23-000070-index.htm - Shareholder Votes 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 source text: 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. evidence_url: https://www.sec.gov/Archives/edgar/data/93410/000009341023000070/0000093410-23-000070-index.htm - Shareholder Votes 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 source text: 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 evidence_url: https://www.sec.gov/Archives/edgar/data/93410/000009341023000070/0000093410-23-000070-index.htm - Shareholder Votes 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 source text: 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 evidence_url: https://www.sec.gov/Archives/edgar/data/93410/000009341023000070/0000093410-23-000070-index.htm - Shareholder Votes 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 source text: 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 evidence_url: https://www.sec.gov/Archives/edgar/data/93410/000009341023000070/0000093410-23-000070-index.htm - Shareholder Votes CHEVRON CORP shareholders approved Election of Directors at the 2023-05-31 meeting. - Proposal: director election - Outcome: passed - Meeting: 2023-05-31 source text: 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 evidence_url: https://www.sec.gov/Archives/edgar/data/93410/000009341023000070/0000093410-23-000070-index.htm - Shareholder Votes 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 source text: 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 evidence_url: https://www.sec.gov/Archives/edgar/data/93410/000009341023000070/0000093410-23-000070-index.htm - Shareholder Votes CHEVRON CORP shareholders rejected Stockholder proposal regarding a report on tax practices at the 2023-05-31 meeting. - Outcome: failed - Meeting: 2023-05-31 source text: 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 evidence_url: https://www.sec.gov/Archives/edgar/data/93410/000009341023000070/0000093410-23-000070-index.htm This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.