Chevron increases CEO Wirth's base salary to $1.9M, awards $17.5M equity for 2024

CHEVRON CORP

CEO Wirth base salary raised $50K to $1.9M; CFO Breber unchanged at $1.15M in anticipation of retirement.
No change to 2024 target bonus %: Wirth 165%, Breber 110%, Nelson 120%, Pate 110%.
Equity grant targets: Wirth $17.5M, Nelson $5.5935M, Pate $4.2861M; Breber excluded.
Awards split 50% performance shares, 25% RSUs, 25% stock options; grant date Feb 6, 2024.
New forms of award agreements approved under the 2022 LTIP for executive officers.

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