CEO pay is determined by a company’s board of directors. Those directors are compensated for the time they spend shaping the company’s strategy. Here’s what the Fortune 100 executives paid each other from 2008 to 2012.
Jan. 1, 1982 to May 25, 2011
Other board members at Chevron during this time were Carl Ware, Charles R. Shoemate, Charles T. Hagel and 14 more.
The Pay Pals project relies on financial research conducted by the Center for Economic Policy and Research.
Sources: Google Finance, Yahoo Finance, Chevron SEC filings (2011).
By Shane Shifflett, Jay Boice, Hilary Fung and Aaron Bycoffe