Michael Wirth, CEO of Chevron Corp. (NYSE: CVX), is eligible for $19 million in total pay this year.

His annual base salary was set at $1.6 million, about $100,000 higher than a year earlier, a Feb. 4 regulatory filing showed.

Wirth, who also serves as chairman of Chevron's board of directors, was named CEO in February 2018 after a more than 30-year career at the San Ramon, California-headquartered oil major.

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Wirth is eligible for a total compensation of $19 million, which includes performance shares, restricted stock units and options.

Separately, Chevron also named Pierre Breber as its next CFO, effective April 1, replacing Patricia Yarrington who is retiring after 38 years at the company.

Breber, 54, joined Chevron in 1989, and most recently served as executive vice president of downstream and chemicals.