David J. O'Reilly was the Chairman and CEO of Chevron Corporation until he retired in 2009 after leading the company for nearly a decade. He had a degree in Chemical Engineering from University College Dublin, which set the foundation for...

Current Market Cap

$294.00B

Number of Employees

45.6K

Total Compensation

2005 - 2009

Trending down by -80.12% last year
Showing total compensation for the last 2005 - 2009

Stock

Down by -100.00% last year

Salary

Up by 6.06% last year

Bonus

Down by -6.83% last year

Other

Up by 93.80% last year

Year

2009

Total Compensation

$5.27M

Salary

$1.75M

Board Justification

Chevron's compensation philosophy emphasizes long-term performance and alignment with shareholder interests, with a significant portion of executive compensation being performance-based and at risk.

Bonus

$3.00M

Board Justification

Mr. O'Reilly received a CIP award of $3,000,000, which reflects his base salary multiplied by his CIP Award Target percentage of 125 percent multiplied by the Corporate Performance Factor of 110 percent, with the remaining amount attributable to individual performance assessment.

Other

$517.23K

Board Justification

Other compensation includes contributions to the Employee Savings Investment Plan, life insurance premiums, wellness credits, and cash payments in lieu of unused vacation.

Restricted Stock

$0.00(0 N/A)

Board Justification

No stock awards vested in 2009 as Mr. O'Reilly forfeited his 2009 stock option and performance share grants upon retirement.

Performance Metrics

The performance metrics for determining Mr. O'Reilly's compensation included corporate earnings, return on capital employed, and total stockholder return compared to peers.

SEC Filing

From April 15, 2010

David J. O'Reilly

Ex-CEO of Chevron

DJ

Education

Bachelor's degree in Chemical Engineering from University College Dublin

Field of Expertise

Technology & Engineering - Engineering

Born

June 18, 1947 - 77 years ago

Is Founder?

No

Tenure

9 years 11 months (Jan 2000 - Dec 2009)

Previous Experience

Joined Chevron in 1968, served in various positions including President of Chevron Products Company and Vice Chairman of the Board

View Holdings

Insider Holdings of David J. O'Reilly

$679.16K

-$58.45K (-7.92%)