By Etuka Sunday with agency report
The Board of Directors of Chevron Corporation on Wednesday declared a quarterly dividend of one dollar and seven cents ($1.07) per share, payable March 10, 2015 , to holders of common stock as shown on the transfer records of the Corporation at the close of business on February 17, 2015 .
Moreover, Chevron Corporation in another statement announced that Inge G. Thulin has been elected to Chevron’s board of directors effective Jan. 28, 2015 .
He will serve on the company’s Board Nominating and Governance Committee and Management Compensation Committee.
John Watson , chairman of the board and chief executive officer of Chevron , said, “Mr. Thulin’s well-established business leadership and his extensive international experience will be an asset to the board. We look forward to the important perspective he will offer.”
Thulin, 61, is chairman of the board, president and chief executive officer of 3M Company . He has held this position since 2012.