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8-KThe WireRoutine

Shareholder Vote

Filed Jun 2, 2023 · 3y ago · Accession 0000093410-23-000070

Plain English

Material event — a significant development the company must disclose promptly.

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UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): May 31, 2023 Chevron Corporation (Exact name of registrant as specified in its charter) Delaware 001-00368 94-0890210 (State or other jurisdiction of incorporation ) (Commission File Number) (I.R.S. Employer Identification No.) 6001 Bollinger Canyon Road, San Ramon, CA 94583 (Address of Principal Executive Offices) (Zip Code) Registrant’s telephone number, including area code: ( 925 ) 842-1000 N/A (Former name or former address, if changed since last report) Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligations of the registrant under any of the following provisions: ☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) ☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) ☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) ☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) Securities registered pursuant to Section 12(b) of the Act: Title of each class Trading Symbol Name of each exchange on which registered Common stock, par value $.75 per share CVX New York Stock Exchange Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 ( §230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter ). Emerging growth company ☐ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐ Item 5.07 Submission of Matters to a Vote of Security Holders. (a) The 2023 Annual Meeting of Stockholders of Chevron ("Chevron") was held on Wednesday, May 31, 2023. (b) Chevron stockholders voted on the matters set forth below, with final voting results indicated. For the election of Directors in an uncontested election, each nominee who received a majority of votes cast (i.e., the number of shares voted for exceeded the number of shares voted against, excluding abstentions) was elected a Director. Except for Item 4 (advisory vote on the frequency of future advisory votes on named executive officer compensation), all other items were approved if the number of shares voted for exceeded the number of shares voted against, excluding abstentions. (1) All nominees for election to the Chevron Board of Directors (“Board”) were elected, each for a one-year term, based upon the following votes: Nominee Votes For Votes Against Abstentions Broker Non-Votes Wanda M. Austin 1,284,432,877 94.9% 68,474,319 4,904,857 254,752,768 John B. Frank 1,274,300,996 94.2% 78,361,963 5,149,094 254,752,768 Alice P. Gast 1,289,348,132 95.3% 63,577,504 4,886,417 254,752,768 Enrique Hernandez, Jr. 1,250,530,408 92.4% 102,161,687 5,119,958 254,752,768 Marillyn A. Hewson 1,294,280,617 95.7% 58,245,366 5,286,070 254,752,768 Jon M. Huntsman Jr. 1,288,115,220 95.2% 64,769,032 4,927,801 254,752,768 Charles W. Moorman 1,276,130,158 94.3% 76,550,046 5,131,849 254,752,768 Dambisa F. Moyo 1,291,773,507 95.5% 60,788,112 5,250,434 254,752,768 Debra Reed-Klages 1,289,207,054 95.3% 63,622,177 4,982,822 254,752,768 D. James Umpleby III 1,290,170,390 95.4% 62,422,258 5,219,405 254,752,768 Cynthia J. Warner 1,292,688,683 95.6% 60,185,885 4,937,485 254,752,768 Michael K. Wirth 1,259,781,656 93.2% 91,487,390 6,543,007 254,752,768 (2) The Board’s proposal to ratify the appointment of PricewaterhouseCoopers LLP as Chevron’s independent registered public accounting firm for 2023 was approved based upon the following votes: Votes For 1,567,505,339 97.4   % Votes Against 41,288,506 2.6   % Abstentions 3,770,976 Broker Non-Votes Brokers were permitted to cast stockholder non-votes (i.e., uninstructed shares) at their discretion on this proposal item, and such non-votes are reflected in the votes for or against or abstentions. (3) The Board’s proposal for stockholders to approve, on an advisory basis, the compensation of Chevron’s named executive officers was approved based upon the following votes: Votes For 1,278,875,726  94.8   % Votes Against 70,734,093  5.2   % Abstentions 8,202,234  Broker Non-Votes 254,752,768 (4) The Board’s proposal for stockholders to vote, on an advisory basis, as to the frequency of future advisory votes on Chevron’s named executive officer compensation received the following votes: Votes For 1 Year 1,317,640,293 97.4   % Votes For 2 Years 4,673,790 0.4   % Votes For 3 Years 30,132,360 2.2   % Abstentions 5,365,610 Broker Non-Votes 254,752,768 (5) The stockholder proposal to rescind the 2021 "reduce scope 3 emissions" stockholder proposal was not approved based upon the following votes: Votes For 16,994,506 1.3   % Votes Against 1,329,380,598 98.7   % Abstentions 11,436,949 Broker Non-Votes 254,752,768 (6) The stockholder proposal to set a medium-term Scope 3 GHG emissions reduction target was not approved based upon the following votes: Votes For 126,481,041 9.6   % Votes Against 1,197,276,946 90.4   % Abstentions 34,054,066 Broker Non-Votes 254,752,768 (7) The stockholder proposal to recalculate emissions baseline to exclude emissions from material divestitures was not approved based upon the following votes: Votes For 244,643,534 18.3   % Votes Against 1,091,422,043 81.7   % Abstentions 21,746,476 Broker Non-Votes 254,752,768 (8) The stockholder proposal to establish a board committee on decarbonization risk was not approved based upon the following votes: Votes For 20,805,755 1.6   % Votes Against 1,317,400,540 98.4   % Abstentions 19,605,758 Broker Non-Votes 254,752,768 (9) The stockholder proposal regarding a report on worker and community impact from facility closures and energy transitions was not approved based upon the following votes: Votes For 233,776,859 18.6   % Votes Against 1,021,863,493 81.4   % Abstentions 102,171,701 Broker Non-Votes 254,752,768 (10) The stockholder proposal regarding a report on racial equity audit was not approved based upon the following votes: Votes For 130,474,785 9.8   % Votes Against 1,204,369,693 90.2   % Abstentions 22,967,575 Broker Non-Votes 254,752,768 (11) The stockholder proposal regarding a report on tax practices was not approved based upon the following votes: Votes For 196,909,938 14.6   % Votes Against 1,148,005,158 85.4   % Abstentions 12,896,957 Broker Non-Votes 254,752,768 (12) The stockholder proposal regarding adopting a policy for an independent chair was not approved based upon the following votes: Votes For 268,558,758 19.9   % Votes Against 1,081,226,261 80.1   % Abstentions 8,027,034 Broker Non-Votes 254,752,768 SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Dated: June 2, 2023 CHEVRON CORPORATION By: /s/ Rose Z. Pierson Rose Z. Pierson Assistant Secretary
Filing details
Ticker
CVX
CIK
93410
Form type
8-K
Filing date
Jun 2, 2023
Report date
May 31, 2023
Document
cvx-20230531.htm
Size
245 KB