Wuerth While Wily Wakenings: Chevron Top-Tier Executives Average Pay Raise Was 14.5% Per Year During the First Two Years So Far of the Trump Administration, Was 13.2% Per Year During Barack Obama Administration's Two Terms and Was a Much Higher 29.8% Per Year During the George W Bush Administration's Two Terms. Thus the Resultant Huge Income Inequality Expansion Occurred During All Three Administrations.

Monday, June 24, 2019

Chevron Top-Tier Executives Average Pay Raise Was 14.5% Per Year During the First Two Years So Far of the Trump Administration, Was 13.2% Per Year During Barack Obama Administration's Two Terms and Was a Much Higher 29.8% Per Year During the George W Bush Administration's Two Terms. Thus the Resultant Huge Income Inequality Expansion Occurred During All Three Administrations.

From SEC Proxy Statement Filings, below are the Chevron Top-Tier Executives Annual Total Compensation for each of two consecutive full years of employment for the first two years of the Trump Administration and for all of the Barack Obama and George W Bush Presidential Terms. For 2006 and 2005, the numbers disclosed are not prepared on a consistent basis and thus not comparable, therefore I excluded them.

Chevron is the second company I researched on Top-Tier Executives Average % Pay Raises Per Year.

I will continue this same research for many other large US Companies to get a better handle on just why the US has such massive continuing Income Inequality Expansion.

Chevron Top-Tier Executives Compensation During the Trump Years

	FYE	FYE	FYE	FYE
	2018	2017	2017	2016
Top-Tier	Total	Total	Total	Total
Executive	Comp	Comp	Comp	Comp
	000s $	000s $	000s $	000s $

Wirth	20,641	11,670	11,670	9,130
Watson	N/A	N/A	24,782	24,657
Yarrington	7,159	8,152	8,152	6,541
Johnson	10,926	11,025	11,025	9,416
Geagea	7,849	9,004	9,004	7,945

Totals	46,575	39,851	64,633	57,689

Annual % Change		16.9%		12.0%

2 Year Avg Annual % Change			14.5%





Chevron Top-Tier Executives Compensation During the Obama Years

	FYE	FYE	FYE	FYE	FYE	FYE	FYE	FYE	FYE	FYE	FYE	FYE	FYE	FYE	FYE	FYE
	2016	2015	2015	2014	2014	2013	2013	2012	2012	2011	2011	2010	2010	2009	2009	2008
Top-Tier	Total	Total	Total	Total	Total	Total	Total	Total	Total	Total	Total	Total	Total	Total	Total	Total
Executive	Comp	Comp	Comp	Comp	Comp	Comp	Comp	Comp	Comp	Comp	Comp	Comp	Comp	Comp	Comp	Comp
	$ 000s	$ 000s	$ 000s	$ 000s	$ 000s	$ 000s	$ 000s	$ 000s	$ 000s	$ 000s	$ 000s	$ 000s	$ 000s	$ 000s	$ 000s	$ 000s

Wirth	9,130	8,124	8,124	8,487	8,487	6,402	6,402	8,838	8,838	11,379	11,379	7,860	N/A	N/A	N/A	N/A
Watson	24,657	22,030	22,030	25,970	25,970	24,017	24,017	32,227	32,227	24,727	24,727	16,261	16,261	8,793	8,793	5,536
Yarrington	6,541	7,380	7,380	9,781	9,781	7,983	7,983	10,409	10,409	11,289	11,289	6,847	6,847	6,346	N/A	N/A
Johnson	9,416	8,956	N/A	N/A	N/A	N/A	N/A
Pate			5,905	5,885	5,885	5,151	5,151	5,076	5,076	7,813	7,813	4,476	N/A	N/A	N/A	N/A
Kirkland			9,842	12,144	12,144	11,060	11,060	18,755	18,755	16,513	16,513	12,362	12,362	10,146	10,146	6,603
O'Reilly															16,551	14,838

Totals	49,744	46,490	53,281	62,267	62,267	54,613	54,613	75,305	75,305	71,721	71,721	47,806	35,470	25,285	35,490	26,977

Annual % Change		7.0%		-14.4%		14.0%		-27.5%		5.0%		50.0%		40.3%		31.6%

8 Year Avg Per Year % Change					13.2%




Chevron Top-Tier Executives Compensation During the Bush Years

	FYE	FYE	FYE	FYE	FYE	FYE	FYE	FYE	FYE	FYE	FYE	FYE	FYE	FYE	FYE	FYE
	2008	2007	2007	2006	2006	2005	2005	2004	2004	2003	2003	2002	2002	2001	2001	2000
Top-Tier	Total	Total	Total	Total	Total	Total	Total	Total	Total	Total	Total	Total	Total	Total	Total	Total
Executive	Comp	Comp	Comp	Comp	Comp	Comp	Comp	Comp	Comp	Comp	Comp	Comp	Comp	Comp	Comp	Comp
	000s $	000s $	000s $	000s $	000s $	000s $	000s $	000s $	000s $	000s $	000s $	000s $	000s $	000s $	000s $	000s $

O'Reilly	14,838	15,743	31,543	31,603	N/A	N/A	8,800	6,503	6,503	7,823	7,823	4,010	4,010	7,257	7,257	3,339
Crowe			9,024	6,036	N/A	N/A	N/A	N/A
Robertson			14,168	14,261	N/A	N/A	3,982	2,775	2,775	3,997	3,997	1,557	1,557	2,383	2,383	1,617
Woertz							2,416	2,151	2,151	3,170	3,170	1,331	1,331	2,323	2,323	808
Watson	5,536	5,361	7,879	6,642	N/A	N/A	2,512	1,962	1,962	3,081	3,081	1,008	1,008	2,697	2,697	880
Kirkland	6,603	5,999	8,362	6,902	N/A	N/A	2,265	1,690	1,690	2,287	2,287	1,133	1,133	1,391	1,391	909

Totals	26,977	27,103	70,976	65,444	N/A	N/A	19,975	15,081	15,081	20,358	20,358	9,039	9,039	16,051	16,051	7,553

Annual % Change		-0.5%		8.5%		N/A		32.5%		-25.9%		125.2%		-43.7%		112.5%

7 Year Avg Per Year % Change					29.8%