In 2009, David J. O'Reilly earned $5.27M in total compensation at Chevron, including $1.75M salary and $3.00M bonus. Led Chevron as CEO for 9 years.
Compensation History
Annual executive compensation data for David J. O'Reilly, including salary, bonuses, and stock awards.
Year
2009
Total Compensation
$5.27M
Salary
$1.75M
Bonus
$3.00M
Other
$517.23K
Salary
$1.75MBoard 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
$3.00MBoard 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 Compensation
$517.23KBoard 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
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.
David J. O'Reilly
Ex-CEO of Chevron
Education
Bachelor's degree in Chemical Engineering from University College Dublin
Field of Expertise
Technology & Engineering - Engineering
Sector of Economy
Energy
Born
June 18, 1947 - 78 years ago
CEO of Chevron for
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
Other Chevron CEOs
Holdings
Track David J. O'Reilly's stock holdings and portfolio value over time.
Insider Trading
David J. O'Reilly's recent stock transactions, purchases, and sales filed with the SEC.
No insider trades found for this CEO.
Rivals
Compare David J. O'Reilly with competitor CEOs and industry peers.
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