Chevron 2025 exec comp: CEO salary flat at $1.9M; CFO Bonner gets $50k raise & $4.3M equity grant

CHEVRON CORP

CEO Wirth base salary unchanged at $1.9M; CIP target stays at 165%; equity grant target $17.5M.
CFO Bonner base salary increased $50k to $1.05M; equity target $4.33M; other NEOs also receive $50k raises.
VP Hearne salary unchanged at $1.075M; will not receive 2025 CIP or equity grant due to upcoming retirement.
2025 equity grants (Feb 4) consist of 50% performance shares (TSR 70%, ROCE 30%), 25% RSUs, 25% stock options.
RSUs vest ratably over 3 years with 2-year post-vesting holding period; options have 10-year term.

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