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Chevron Corporation

CVX · FY2026

ALIGNED

CEO Package

$25.0M

Pay Ratio

Michael K. Wirth

Pay reset -6.9% while TSR improved +14.5 pts

VALERO ENERGY CORP/TX

VLO · FY2025

MIXED

CEO Package

$34.2M

Pay Ratio

R. Lane Riggs

Pay and TSR both rose, but not in lockstep

EXXON MOBIL CORP

XOM · FY2025

ALIGNED

CEO Package

$33.0M

Pay Ratio

D.W. Woods

Pay reset -25.8% while TSR improved +4.3 pts

CEOTotal Compensation — All Companies

CVX$25.0MVLO$34.2MXOM$33.0M

All values are grant-date fair value as reported in proxy statements.

Key Differences

The fastest way to read this comparison before dropping into the tables.

VLO carries the largest package at $34.2M, about 1.4x CVX.
VLO reads mixed, while CVX looks aligned.

Pay Component Breakdown

Latest CEO package mix by company. This stays on the CEO package even if the chart above is showing Top 5 pay.

CVX

Michael K. Wirth

$25.0M

base salary8%
stock awards92%

VLO

R. Lane Riggs

$34.2M

base salary5%
stock awards46%
non-equity incentive compensation16%
other compensation1%

XOM

D.W. Woods

$33.0M

base salary6%
stock awards78%
other compensation3%

Quick Comparison

CompanyCEOLatest YearTotal Comp
Chevron Corporation(CVX)Michael K. Wirth2026$25.0M
VALERO ENERGY CORP/TX(VLO)R. Lane Riggs2025$34.2M
EXXON MOBIL CORP(XOM)D.W. Woods2025$33.0M

Note: All compensation values shown are grant-date fair value as reported in proxy statements. Direct comparisons should account for differences in company size, industry, and compensation structure.

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