Boardroom Alpha
Meeting calendar
CVX · Annual meeting · Wednesday, May 27, 2026

Chevron Corp

12 nominees · 6 ballot items.

Elect 12 directors; Ratify PricewaterhouseCoopers LLP as independent auditor for 2026; Approve, on an advisory basis, Named Executive Officer compensation; and vote on three stockholder proposals to adopt an independent chair, publish a report on Indigenous Peoples’ rights, and commission a third-party report on human rights due-diligence.

Market cap
$373.2B
1Y TSR
+20.1%
Board grade
B-
Record date
Mar 30, 2026
Filing
DEF 14A
Meeting concluded · May 27, 2026

Follow how the vote landed and what changed on Chevron Corp’s board — director track records, governance grades, and ongoing monitoring — on the Boardroom Alpha platform.

Proposals

On the ballot6

  1. 1

    Elect 12 Directors named in this Proxy Statement

    ManagementBoard: FOR

    Elect the 12 director nominees named in the proxy statement to serve one-year terms.

  2. 2

    Ratify the appointment of PricewaterhouseCoopers LLP as the independent registered public accounting firm for 2026

    ManagementBoard: FOR

    Ratify the Board’s selection of PwC as Chevron’s independent registered public accounting firm for 2026.

  3. 3

    Approve, on an advisory basis, Named Executive Officer compensation

    ManagementBoard: FOR

    Advisory (non-binding) vote to approve the compensation paid to Chevron’s Named Executive Officers as disclosed in the proxy statement.

    More detail

    This non-binding management proposal asks shareholders to approve Chevron’s executive compensation program as disclosed in the Compensation Discussion and Analysis and related tables. Management seeks this advisory endorsement to confirm stockholder support for its pay philosophy: competitive pay aligned to market peers, a balance of short- and long-term incentives, pay-for-performance tied to absolute and relative measures (including TSR and ROCE), and governance features (stock ownership guidelines, clawback provisions, and independent committee oversight). The Board emphasizes that most executive pay is at risk and linked to multi-year performance through LTIP instruments and annual incentives tied to Company metrics including financial results, capital and cost management, operational and safety performance, and lower-carbon objectives. The Board also notes that the company engaged in robust stockholder outreach and received 94.0% support on the prior say-on-pay, using that feedback in program design and disclosure. The recommendation to vote FOR is grounded in the Board’s view that these programs align management incentives with long-term shareholder value while maintaining retention and market competitiveness. The proposal is advisory only, and the Board and Management Compensation Committee will consider the vote outcome when making future compensation decisions. The Board’s rationale highlights the role of independent oversight by the Management Compensation Committee, use of an independent compensation consultant, and risk-management controls to avoid incentives that could encourage excessive risk-taking. In sum, the proposal is a standard annual say-on-pay vote seeking ratification of the disclosed compensation approach and supporting governance processes.

  4. 4

    Adopt an Independent Chair

    Shareholder — National Legal and Policy CenterBoard: AGAINST

    Stockholder proposal requesting that the Board adopt a policy requiring separate Chair and CEO roles and, when possible, an independent Chair.

  5. 5

    Report on Indigenous Peoples’ Rights

    Shareholder — Franciscan Sisters of Allegany, NYBoard: AGAINST

    Stockholder proposal requesting Chevron publish a report evaluating effectiveness of its policies, practices, and performance indicators in respecting Indigenous Peoples’ rights consistent with UNDRIP and FPIC, including remediation processes.

  6. 6

    Commission a Third-Party Report on Human Rights Processes

    Shareholder — Lillian Levin TrustBoard: AGAINST

    Stockholder proposal requesting an independent third-party assessment of Chevron’s due diligence processes to identify, assess, and mitigate human rights risks from customers, counterparties, and business partners, with stakeholder consultation.

Director elections

Nominees on the ballot12

Independent
Tenure on this board
9.6 yrs
Also a director at
Amgen Inc (AMGN)Apple Inc (AAPL)
Independent
Tenure on this board
8.7 yrs
Also a director at
Oaktree Specialty Lending Corp (OCSL)Daily Journal Corp (DJCO)
Not independent
Tenure on this board
1.0 yrs
Also a director at
Goldman Sachs Group Inc (GS)
Independent
Tenure on this board
5.5 yrs
Also a director at
Johnson & Johnson (JNJ)
Independent
Tenure on this board
0.5 yrs
Also a director at
Walmart Inc (WMT)Ge Aerospace (GE)
Independent
Tenure on this board
9.8 yrs
Also a director at
Starbucks Corp (SBUX)
Independent
Tenure on this board
7.6 yrs
Also a director at
Caterpillar Inc (CAT)Lockheed Martin Corp (LMT)
Independent
Tenure on this board
4.2 yrs
Also a director at
Sempra (SRE)Bloom Energy Corp (BE)
Ownership

Top institutional holders10

Latest 13F quarter
1STATE STREET CORP7.7%153,137,916$31.7B
2VANGUARD CAPITAL MANAGEMENT LLC6.2%122,484,427$25.3B
3BERKSHIRE HATHAWAY INC2.9%58,251,749$12.1B
4BlackRock, Inc.2.8%55,427,147$11.5B
5VANGUARD PORTFOLIO MANAGEMENT LLC2.1%42,313,738$8.8B
6BlackRock, Inc.2.0%39,165,918$8.1B
7GEODE CAPITAL MANAGEMENT, LLC1.9%37,640,244$7.8B
8CHARLES SCHWAB INVESTMENT MANAGEMENT INC1.8%36,118,111$7.5B
9Fisher Asset Management, LLC1.1%21,887,438$4.5B
10MORGAN STANLEY1.0%19,961,307$4.1B
Filings

Recent key filings

Periodic reports
Definitive proxies
Reference

Frequently asked questions

When is the Chevron Corp 2026 annual meeting?
Chevron Corp (CVX) holds its 2026 annual shareholder meeting on Wednesday, May 27, 2026.
What is the record date for the Chevron Corp 2026 meeting?
The record date for the Chevron Corp 2026 meeting is Monday, March 30, 2026. Shareholders of record on or before that date are eligible to vote.
Who are the director nominees for Chevron Corp's 2026 meeting?
The board is presenting 12 director nominees at the Chevron Corp 2026 meeting, listed with their independence status and background.
What proposals will shareholders vote on at the Chevron Corp 2026 meeting?
Shareholders will vote on 6 proposals at the Chevron Corp 2026 meeting, each tagged with who proposed it and the board's recommendation.
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