With heightened importance on the disclosure regarding the director nomination process, the “skills & qualifications” section has evolved considerably in recent years.
One of the latest innovations comes from Chevron. Page 4 of the 2024 proxy statement has a fantastic chart analyzing the board’s skills and qualifications process – with the first column addressing “How it relates to Chevron’s business, strategy, and operations and the second column addressing “What the Board is looking for.” Here it is:
Also check out Chevron’s director bios (starting on page 17). I love the Q&A in each bio about “Director Insights”…
