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Chevron CEO Gets 10% Raise, Boosting Pay to $1.85 Million for 2023


These translations are done via Google Translate
Chevron Corp.’s Chief Executive Officer Mike Wirth just got a raise of about 10%, taking his 2023 base salary to $1.85 million as the company reaped bigger profits and cash flow in the past year thanks to higher energy prices.
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Chevron’s board increased Wirth’s salary after “taking into account his 2022 performance and the desired compensation relative to CEOs of both oil and non-oil industry peer companies,” the company said in a filing.

  • Wirth’s total compensation, including bonuses and stock awards, was $23.6 million in 2022, compared with $22.6 million in 2021
  • Chevron stock touched a record high in November


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