Independent
Tenure on this board
5.2 yrs
Meeting calendar
CRC · Annual meeting · Thursday, April 30, 2026
California Resources Corp
9 nominees · 3 ballot items.
Election of nine directors; Ratification of KPMG LLP as independent auditor for 2026; Advisory (non-binding) vote to approve named executive officer compensation.
Market cap
$4.7B
1Y TSR
+13.0%
Board grade
B-
Record date
Mar 9, 2026
Filing
DEF 14A
Meeting concluded · Apr 30, 2026
Follow how the vote landed and what changed on California Resources Corp’s board — director track records, governance grades, and ongoing monitoring — on the Boardroom Alpha platform.
Proposals
On the ballot3
- 1
Election of Directors
ManagementBoard: FORElect nine director nominees named in the proxy statement, each for a one-year term.
- 2
Ratification of the Appointment of the Independent Registered Public Accounting Firm
ManagementBoard: FORRatify the appointment of KPMG LLP as the independent registered public accounting firm for 2026.
- 3
Advisory Vote to Approve Named Executive Officer Compensation
ManagementBoard: FORNon-binding advisory vote to approve the compensation of the company's named executive officers as disclosed in the proxy statement (say-on-pay).
More detail
Proposal 3 is a non-binding advisory vote (say-on-pay) asking stockholders to approve the compensation paid to the company’s named executive officers as disclosed in the proxy statement. Management and the Compensation Committee support the proposal, recommending a vote FOR, arguing that the 2025 compensation program is substantially performance-based, with a majority of long-term incentives tied to performance metrics (TSR absolute and relative to the XOP Index) and with annual incentives tied to adjusted EBITDAX, free cash flow, sustainability and synergy metrics. The board highlights stockholder outreach and prior favorable say-on-pay results, and states the advisory vote will be considered in future compensation decisions. A vote against would be non-binding but could prompt engagement and potential adjustments to executive pay practices. The proposal raises governance considerations about pay-for-performance alignment, use of TSR metrics, retention awards, and discretion in annual bonus payouts; a sophisticated evaluation should weigh the program’s heavy performance orientation, retention awards granted in 2025, and alignment of sustainability metrics with long-term strategy.
Director elections
Nominees on the ballot9
Independent
Tenure on this board
5.7 yrs
Also a director at
Patterson Uti Energy Inc (PTEN)
Independent
Tenure on this board
5.7 yrs
Independent
Tenure on this board
2.0 yrs
Independent
Tenure on this board
2.2 yrs
Also a director at
Nov Inc (NOV)Range Resources Corp (RRC)
Not independent
Tenure on this board
3.2 yrs
Not independent
Tenure on this board
5.7 yrs
Also a director at
Talen Energy Corp (TLN)
Independent
Tenure on this board
5.7 yrs
Independent
Tenure on this board
4.6 yrs
Also a director at
Net Power Inc (NPWR)
Ownership
Latest 13F quarterTop institutional holders10
| # | Owner | % of shares | Shares | Value |
|---|---|---|---|---|
| 1 | BlackRock, Inc. | 9.5% | 8,479,574 | $587M |
| 2 | CANADA PENSION PLAN INVESTMENT BOARD | 7.9% | 7,006,895 | $485M |
| 3 | Gimbel Daniel Scott | 6.9% | 6,148,821 | $426M |
| 4 | VANGUARD PORTFOLIO MANAGEMENT LLC | 5.9% | 5,247,255 | $363M |
| 5 | Sourcerock Group LLC | 5.1% | 4,545,993 | $315M |
| 6 | STATE STREET CORP | 4.5% | 3,958,935 | $274M |
| 7 | DIMENSIONAL FUND ADVISORS LP | 4.5% | 3,954,116 | $274M |
| 8 | VANGUARD CAPITAL MANAGEMENT LLC | 4.2% | 3,716,180 | $257M |
| 9 | AMERICAN CENTURY COMPANIES INC | 3.7% | 3,243,605 | $225M |
| 10 | BlackRock, Inc. | 2.7% | 2,383,935 | $165M |
Peers
Nearest market capOther Energy sector meetings6
Upcoming shareholder meetings at California Resources Corp’s closest sector peers — compare boards, ballots, and ownership across the cohort.
Weatherford International PLCWFRD
Special meeting·Sep 3, 2026·$5.8B
Granite Ridge Resources IncGRNT
Special meeting·Aug 4, 2026·$616M
Cnx Resources CorpCNX
Annual meeting·May 7, 2026·$4.7B
Excelerate Energy IncEE
Annual meeting·Jun 4, 2026·$4.4B
Solaris Energy Infrastructure IncSEI
Annual meeting·May 15, 2026·$4.4B
Cactus IncWHD
Annual meeting·May 12, 2026·$4.4B
Reference
Frequently asked questions
- When is the California Resources Corp 2026 annual meeting?
- California Resources Corp (CRC) holds its 2026 annual shareholder meeting on Thursday, April 30, 2026.
- What is the record date for the California Resources Corp 2026 meeting?
- The record date for the California Resources Corp 2026 meeting is Monday, March 9, 2026. Shareholders of record on or before that date are eligible to vote.
- Who are the director nominees for California Resources Corp's 2026 meeting?
- The board is presenting 9 director nominees at the California Resources Corp 2026 meeting, listed with their independence status and background.
- What proposals will shareholders vote on at the California Resources Corp 2026 meeting?
- Shareholders will vote on 3 proposals at the California Resources Corp 2026 meeting, each tagged with who proposed it and the board's recommendation.
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