Chevron stockholders approve board nominees and executive pay

Chevron Corporation (NYSE: CVX) held its annual stockholder meeting, with shareholders voting in favor of all company-recommended proposals. The meeting represented over 1.6 billion shares, or approximately 85% of Chevron's outstanding common stock.

Stockholders voted on six items with varying levels of support. An average of 97% of votes cast supported the election of 12 board director nominees. Approximately 96% approved the ratification of PricewaterhouseCoopers LLP as the company's independent registered public accounting firm for 2026.

Named executive officer compensation received support from approximately 97% of votes cast. Three stockholder proposals received significantly less support, with approximately 15% of votes supporting an independent chair proposal, while proposals for reports on Indigenous Peoples' rights and human rights processes each received approximately 9% support.

"Recent events remind us of the importance of energy," said Mike Wirth, Chevron's chairman and chief executive officer. "Oil and natural gas remain vital to people, economies, and global energy security. While the future is uncertain, our actions are not. Our strategy remains consistent: leverage our strengths to safely deliver lower carbon energy to a growing world."

The company stated that final voting results will be posted on its website after filing a Form 8-K with the U.S. Securities and Exchange Commission. Specific information about the proposals can be found in the company's 2026 Proxy Statement available in the investors section of Chevron's website.

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