---
schema_version: "secwatch.filing_event.v1"
accession: "0000093410-24-000007"
form_type: "8-K"
ticker: "CVX"
cik: "0000093410"
company_name: "CHEVRON CORP"
filed_at: "2024-02-02T23:59:59+00:00"
generated_at: "2026-06-06T10:28:08.701921+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.3
calibrated_materiality_score: 0.3
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0000093410-24-000007
- form_type: 8-K
- ticker: CVX
- cik: 0000093410
- company_name: CHEVRON CORP
- filed_at: 2024-02-02T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.3
- calibrated_materiality_score: 0.3
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/93410/000009341024000007/0000093410-24-000007-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/93410/000009341024000007/cvx-20240130.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000093410-24-000007
- JSON: https://secwatch.observer/filing/0000093410-24-000007.json
- Plain text: https://secwatch.observer/filing/0000093410-24-000007.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.