Chevron increases CEO Wirth's base salary to $1.975M; approves $23M equity grant

CHEVRON CORP

CEO Wirth base salary raised $75K to $1.975M; CFO Bonner to $1.1M (+$50K), Vice Chair Nelson to $1.35M (+$25K), CLO Pate to $1.25M (+$50K).
Base salary increases effective March 1, 2026.
2026 target bonus percentages unchanged: Wirth 165%, Bonner 110%, Nelson 120%, Pate 110%.
Equity awards granted Feb 1, 2026: Wirth $23M, Bonner $5.094M, Nelson $8.534M, Pate $7.641M (50/50 performance shares and RSUs).

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