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Michael K. Wirth received $25.0M in total compensation as Chairman and Chief Executive Officer of Chevron Corporation in FY2026. The largest component was $23M in stock awards. That’s down 7% from FY2025. Source: SEC 8-K.
In fiscal year 2026, Michael K. Wirth, Chairman and Chief Executive Officer of Chevron Corporation (CVX), received total compensation of $25.0 million.
Michael K. Wirth's compensation breakdown includes: base salary of $2.0 million, stock awards valued at $23 million,.
Compared to fiscal year 2025, Michael K. Wirth's total compensation decreased 7% from $26.8 million to $25.0 million.
Chevron Corporation's top 4 named executive officers received combined total compensation of $49.9 million in fiscal year 2026.
The named executive officers disclosed in Chevron Corporation's 2026 proxy statement are:Michael K. Wirth (Chairman and Chief Executive Officer) with total compensation of $25.0 million, Mark A. Nelson (Vice Chairman) with total compensation of $9.9 million, R. Hewitt Pate (Chief Legal Officer) with total compensation of $8.9 million, and Eimear P. Bonner (Chief Financial Officer) with total compensation of $6.2 million.
Source Filing
Executive Record
Michael K. Wirth
Chairman and Chief Executive Officer
Reported Pay
$25.0MSummary compensation table total · FY2026
Findings
Reviewing FY2026 compensation of $25.0M against +20% shareholder return and the latest filing-backed pay disclosures.
Spread between reported pay and stock performance is pending computation.
Evidence is sourced from the latest executive compensation filing and return series for CVX.
Team view
4 executives
Chairman and Chief Executive Officer
Total PayFY2026
$25.0M
Vice Chairman
Total PayFY2026
$9.9M
Chief Legal Officer
Total PayFY2026
$8.9M
Chief Financial Officer
Total PayFY2026
$6.2M
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01FY2026 total compensation breakdown
$25.0M total compensation
Michael K. Wirth earned $25.0M in FY2026— here's how that breaks down.
$23.0M
92% of total
$2.0M
8% of total
Activity timeline · FY2026
Recent events from filings
Feb 1, 2026
Michael K. Wirth PSU – 2022 Long-Term Incentive Plan of Chevron Corporation (Grant FV $11,500,000)
Feb 1, 2026
Michael K. Wirth RSU – 2022 Long-Term Incentive Plan of Chevron Corporation (Grant FV $11,500,000)
Feb 1, 2026
Eimear P. Bonner PSU – 2022 Long-Term Incentive Plan of Chevron Corporation (Grant FV $2,547,000)
Feb 1, 2026
Eimear P. Bonner RSU – 2022 Long-Term Incentive Plan of Chevron Corporation (Grant FV $2,547,000)
Feb 1, 2026
Mark A. Nelson PSU – 2022 Long-Term Incentive Plan of Chevron Corporation (Grant FV $4,266,900)
Feb 1, 2026
Mark A. Nelson RSU – 2022 Long-Term Incentive Plan of Chevron Corporation (Grant FV $4,266,900)
Feb 1, 2026
R. Hewitt Pate PSU – 2022 Long-Term Incentive Plan of Chevron Corporation (Grant FV $3,820,500)
Feb 1, 2026
R. Hewitt Pate RSU – 2022 Long-Term Incentive Plan of Chevron Corporation (Grant FV $3,820,500)
A pay-performance summary will appear here once the verdict loads above.
02Pay changes vs. stock performance
1 year of data
Peer context
Dashed line marks the mega-cap median compensation benchmark for companies around $340.7B market cap, based on 53 peers in this size band.
03Recent insider trades by officers and directors
~40 trades
04Showing FY2025 data (latest available)
FY2026does not include director compensation in our current dataset, so we're showing the latest board table we found.
We're loading the latest director compensation and board makeup.
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06For analysts and deep research
Historical compensation data from latest proxy filing
| Year | Executive | Salary | Bonus & Incentive | Stock Awards | Option Awards | Other Adj. | Total |
|---|---|---|---|---|---|---|---|
| 2026 | $1.98M | $0.00M | $23.0M | $0.00M | $0.00M | $25.0M |
Salary = base cash pay. Bonus & Incentive combines annual bonus and non-equity plans. Equity amounts are grant-date fair values. Other Adj. captures pension changes, perquisites, and any reconciliation items so the total matches the reported figure.
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Chevron Corporation (CVX) — Key Facts
Last updated Jun 25, 2026 · 8-K filed May 29, 2026
| CEO | Michael K. Wirth, Chairman and Chief Executive Officer |
|---|---|
| Fiscal year | FY2026 |
| Total compensation | $25.0M |
| Base salary | $2.0M |
| Stock awards | $23M |
| Year-over-year change | -7% |
| Source | 8-K, 2026-05-29 |
Michael K. Wirth, the Chairman and Chief Executive Officer of Chevron Corporation, received total compensation of $25.0 million in fiscal year 2026. This includes base salary of $2.0 million and stock awards valued at $23.0 million.
Michael K. Wirth's base salary at Chevron Corporation is $2.0 million per year as of fiscal year 2026. However, total compensation including stock awards, bonuses, and other benefits is $25.0 million.
Chevron Corporation's CEO, Michael K. Wirth, earned $25.0 million in total compensation for fiscal year 2026. The majority of this compensation comes from stock awards ($23.0 million) rather than base salary ($2.0 million).