Chevron to hold annual advisory votes on exec pay after 97.4% shareholder support

CHEVRON CORP

97.4% of votes cast favored annual advisory votes on named executive officer compensation.
Chevron's board recommended annual frequency; decision aligns with shareholder vote.
Future advisory votes on NEO compensation will continue to be held every year.

Key facts

Extracted from this filing and checked against the source text.

Shareholder Votes SEC 8-K Item 5.07 confidence 0.95

CHEVRON CORP shareholders approved Advisory vote on the frequency of future stockholder advisory votes on the compensation of named executive officers. at the 2023-05-31 meeting.

Proposal: say on pay frequency
Outcome: passed
Meeting: 2023-05-31

Exact text from the filing

As reported in the Original Report, at Chevron’s 2023 Annual Meeting of Stockholders held on May 31, 2023, 97.4% of the votes cast by stockholders were voted, on an advisory basis, in favor of holding future advisory votes on named executive officer (“NEO”) compensation every year.

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214 shareholder votes filed in the last 30 days. Browse all shareholder votes →

CHEVRON CORP filing history →

Source: SEC EDGAR

accession 0000950142-23-002838

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