Bloomberg Law
Jan. 27, 2023, 10:38 PM

Chevron CEO Wirth Gets 8.8% Salary Hike After Record Profit Year

Kevin Crowley
Kevin Crowley
Bloomberg News

Chevron Corp. Chief Executive Officer Mike Wirth will receive an 8.8% increase in salary after the oil major posted record profit for 2022.

Wirth’s base salary will rise to $1.85 million this year, the San Ramon, California-based company said in a regulatory filing. Chief Financial Officer Pierre Breber will receive a 7% increase to 1.15 million.

There will be no change to the two executives’ bonus targets, according to the filing.

To contact the reporter on this story:
Kevin Crowley in Houston at

To contact the editors responsible for this story:
Simon Casey at

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