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The charts on this page feature a breakdown of the total annual pay for the top executives at California Resources Corp as reported in their proxy statements.

Total Cash Compensation information is comprised of yearly Base Pay and Bonuses. California Resources Corp income statements for executive base pay and bonus are filed yearly with the SEC in the edgar filing system. California Resources Corp annual reports of executive compensation and pay are most commonly found in the Def 14a documents.

Total Equity aggregates grant date fair value of stock and option awards and long term incentives granted during the fiscal year.

Other Compensation covers all compensation-like awards that don't fit in any of these other standard categories. Numbers reported do not include change in pension value and non-qualified deferred compensation earnings.

Name And Title Total Cash Equity Other Total Compensation
Shawn M. Kerns
Former Executive Vice President and Chief Operating Officer
Total Cash $856,308 Equity $3,683,335 Other $1,597,097 Total Compensation $6,136,740
Michael L. Preston
Executive Vice President, Chief Strategy Officer and General Counsel
Total Cash $1,656,908 Equity $3,819,735 Other $253,195 Total Compensation $5,729,838
Francisco J. Leon
President and Chief Executive Officer
Total Cash $2,209,638 Equity $7,673,589 Other $292,207 Total Compensation $10,175,434
Mark A. (Mac) McFarland
Former President and Chief Executive Officer
Total Cash $294,231 Equity $203,675 Other $413,530 Total Compensation $911,436
Jay A. Bys
Executive Vice President and Chief Commercial Officer
Total Cash $1,535,498 Equity $3,683,335 Other $213,928 Total Compensation $5,432,761
Manuela ("Nelly") Molina
Executive Vice President and Chief Financial Officer
Total Cash $1,075,582 Equity $2,298,501 Other $59,474 Total Compensation $3,433,557
Chris D. Gould
Executive Vice President and Chief Sustainability Officer
Total Cash $1,631,446 Equity $3,703,777 Other $157,113 Total Compensation $5,492,336
For its 2023 fiscal year, California Resources Corp, listed the following CEO pay ratio data on its annual proxy statement to the SEC.
CEO Name CEO Pay Median Employee Pay CEO Pay Ratio
Francisco J. Leon CEO Pay $11,100,365 Median Employee Pay $184,505 CEO Pay Ratio 60:1
For its 2022 fiscal year, California Resources Corp, listed the following board members on its annual proxy statement to the SEC.
Name Total COMPENSATION
Alejandra (Ale) Veltmann Total Cash $370,112
Andrew B. Bremner Total Cash $372,169
Douglas E. Brooks Total Cash $172,565
James N. Chapman Total Cash $206,282
Julio M. Quintana Total Cash $180,282
Nicole Neeman Brady Total Cash $359,407
Tiffany (TJ) Thom Cepak Total Cash $235,410
William B. Roby Total Cash $193,059

This report is not for commercial use. Thorough reviews have been conducted to assure this data accurately reflects disclosures. However for a complete and definitive understanding of the pay practices of any company, users should refer directly to the actual, complete proxy statement.

The information shown here is a reporting of information included in the company's proxy statement. The proxy statement includes footnotes and explanations of this information plus other information that is pertinent in assessing the overall value and appropriateness of the compensation information. For those interested in conducting a detailed compensation analysis, we recommend that you review the entire proxy statement. You may retrieve the full proxy statement by going to the Securities and Exchange Commission (SEC) website at www.sec.gov and entering the company's name and then looking in the first column for an entry of "Form DEF 14A" (or any similar code). You may also find the annual proxy statement by going directly to the company's website.

A proxy statement (or "proxy") is a form that every publicly traded U.S. company is required to file with the U.S. Securities & Exchange Commission (SEC) within 120 days after the end of its fiscal year. The proxy must be sent to every shareholder in advance of the company's annual shareholders meeting. All proxy statements are public filings made available to the general public by the SEC.

The proxy statement's main purpose is to alert shareholders to the annual meeting and provide them information about the issues that will be voted on during the annual meeting, including decisions such as electing directors, ratifying the selection of auditors, and other shareholder-related decisions, including shareholder-initiated initiatives. Also, proxies must disclose specific detailed information regarding the pay practices for certain executives.