Here is an easy way to cut cost ... cut exec compensation, not employees 401k match

An easy way to save money would be to cut executive compensation

Name/Title 2010 2011 2012 2013 2014

Key Executive Compensation 47,805,470 71,719,430 75,305,606 54,613,220 62,267,466

John S. Watson/Chairman of the Board and Chief Executive Officer 16,260,526 24,726,716 32,227,122 24,017,303 25,970,417

Patricia E. Yarrington/Vice President and Chief Financial Officer 6,846,893 11,288,589 10,409,044 7,983,140 9,781,357

George L. Kirkland/Vice Chairman of the Board and Executive Vice Presiden 12,362,042 16,512,763 18,754,718 11,060,034 12,143,817

Michael K. Wirth/Executive Vice President, Downstream and Chemicals 7,859,890 11,378,790 8,838,468 6,402,014 8,487,241

R Hewitt Pate/Vice President and General Counsel 4,476,119 7,812,572 5,076,254 5,150,729 5,884,634

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5 replies (most recent on top)

Cutting is not a strategy, its a reaction.

There are no surer signs of the inadequacy and delinquency of corporate leadership than that cost efficiency should feature as the dominant issue facing the company, and that the tactics of outsourcing, shared services, reorganisation and other short-term palliatives are being paraded as the main drivers of future profitability

Who is this guy below? You sound like Josh Smith. How will these executives ever survive?

The executives deserve their pay. If anything, the deserve more pay...don't be selfish and ungrateful people. They have earned it by making Chevron the number 1 ranked energy company in the U.S. to work for! You are lucky to be working for such a great company!

Holy f***. If this was a baseball team this group of Yahoo's would be in single A making meal money.

http://insiders.morningstar.com/trading/executive-compensation.action?t=CVX

Thread regarding Chevron Corp. layoffs

Here is an easy way to cut cost ... cut exec compensation, not employees 401k match

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