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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 25, 2011
Chevron Corporation
(Exact name of registrant as specified in its charter)
         
Delaware   001-00368   94-0890210
         
(State or Other Jurisdiction   (Commission File Number)   (I.R.S. Employer
of Incorporation)       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
None
(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 obligation of the registrant under any of the following provisions:
o   Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
 
o   Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
 
o   Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
 
o   Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
 
 

 


 

Item 5.07 Submission of Matters to a Vote of Security Holders.
(a) Chevron Corporation’s 2011 Annual Meeting of Stockholders was held on May 25, 2011.
(b) Stockholders voted on the matters, with the final voting results, set forth below.
1.   The nominees for election to the Board of Directors were elected, each for a one-year term, based upon the following votes:
                                 
Nominee     Votes For     Votes Against     Abstentions          Broker Non-Votes
L.F. Deily
    1,348,518,800       15,736,141       6,084,883       308,596,366  
R.E. Denham
    1,336,273,865       28,429,892       5,636,067       308,596,366  
R.J. Eaton
    1,340,802,305       23,872,097       5,665,422       308,596,366  
C. Hagel
    1,347,156,757       16,919,837       6,263,230       308,596,366  
E. Hernandez
    1,324,438,064       39,368,465       6,533,295       308,596,366  
G.L. Kirkland
    1,351,736,665       13,969,741       4,623,914       308,596,366  
D.B. Rice
    1,346,503,423       17,514,576       6,321,825       308,596,366  
K.W. Sharer
    1,323,935,264       40,639,860       5,764,700       308,596,366  
C.R. Shoemate
    1,342,376,764       22,233,940       5,729,120       308,596,366  
J.G. Stumpf
    1,325,742,430       38,908,472       5,688,922       308,596,366  
R.D. Sugar
    1,295,961,472       68,679,984       5,698,368       308,596,366  
C.W. Ware
    1,217,677,886       147,118,055       5,543,883       308,596,366  
J.S. Watson
    1,323,553,892       41,953,417       4,832,515       308,596,366  
2.   The Board of Director’s proposal to ratify the appointment of PricewaterhouseCoopers LLP as Chevron’s independent registered public accounting firm for 2011 was approved based on the following votes:
                 
Votes for
    1,655,767,633       99.0 %
Votes against
    16,641,393       1.0 %
Abstentions
    6,527,164          
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 of Director’s proposal for stockholders to approve, on an advisory basis, the compensation of Chevron’s named executive officers was approved based on the following votes:
                 
Votes for
    1,325,880,355       97.8 %
Votes against
    29,307,746       2.2 %
Abstentions
    15,151,723          
Broker non-votes
    308,596,366          
4.   The Board of Director’s proposal for stockholders to vote on whether future advisory votes on the compensation of Chevron’s named executive officers should occur every year, every two years, or every three years, or to abstain from such voting, received the following votes:
                 
1 Year
    1,147,606,480       84.2 %
2 Years
    8,386,724       0.6 %
3 Years
    206,344,388       15.2 %
Abstentions
    8,002,232          
Broker non-votes
    308,596,366          

 


 

5.   The stockholder proposal regarding the appointment of an independent director with environmental expertise was not approved based on the following votes:
                 
Votes for
    330,618,956       24.8 %
Votes against
    1,000,293,032       75.2 %
Abstentions
    39,427,836          
Broker non-votes
    308,596,366          
6.   The stockholder proposal to amend Chevron’s By-laws regarding a human rights committee of the Board was not approved based on the following votes:
                 
Votes for
    60,294,060     3.0% (shares outstanding)
Votes against
    1,078,571,502     53.7% (shares outstanding)
Abstentions
    231,474,262          
Broker non-votes
    308,596,366          
7.   The stockholder proposal regarding a sustainability metric for executive compensation was not approved based on the following votes:
                 
Votes for
    73,123,616       5.6 %
Votes against
    1,224,457,729       94.4 %
Abstentions
    72,758,479          
Broker non-votes
    308,596,366          
8.   The stockholder proposal regarding guidelines for country selection was not approved based on the following votes:
                 
Votes for
    300,954,221       23.9 %
Votes against
    956,020,960       76.1 %
Abstentions
    113,364,643          
Broker non-votes
    308,596,366          
9.   The stockholder proposal regarding financial risks from climate change was not approved based on the following votes:
                 
Votes for
    82,272,719       7.3 %
Votes against
    1,048,129,377       92.7 %
Abstentions
    239,937,728          
Broker non-votes
    308,596,366          
10.   The stockholder proposal regarding hydraulic fracturing was not approved based on the following votes:
                 
Votes for
    446,550,049       40.5 %
Votes against
    656,663,442       59.5 %
Abstentions
    267,126,333          
Broker non-votes
    308,596,366          
11.   The stockholder proposal regarding offshore oil wells was not approved based on the following votes:
                 
Votes for
    97,513,750       8.6 %
Votes against
    1,032,560,611       91.4 %
Abstentions
    240,265,463          
Broker non-votes
    308,596,366          

 


 

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.
         
  CHEVRON CORPORATION
 
 
Dated: June 1, 2011  By   /s/ CHRISTOPHER A. BUTNER    
    Christopher A. Butner   
   
Assistant Secretary and Managing Counsel, Securities/Corporate Governance