---
schema_version: "secwatch.filing_event.v1"
accession: "0000093410-25-000006"
form_type: "8-K"
ticker: "CVX"
cik: "0000093410"
company_name: "CHEVRON CORP"
filed_at: "2025-01-31T23:59:59+00:00"
generated_at: "2026-05-27T05:03:27.006443+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.45
calibrated_materiality_score: 0.45
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0000093410-25-000006
- form_type: 8-K
- ticker: CVX
- cik: 0000093410
- company_name: CHEVRON CORP
- filed_at: 2025-01-31T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.45
- calibrated_materiality_score: 0.45
- confidence: high
- sec_items: 5.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/93410/000009341025000006/0000093410-25-000006-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/93410/000009341025000006/cvx-20250129.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000093410-25-000006
- JSON: https://secwatch.observer/filing/0000093410-25-000006.json
- Plain text: https://secwatch.observer/filing/0000093410-25-000006.txt

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