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Exxon CEO Woods' compensation rose 19% to $44M in 2024Exxon (NYSE:XOM) disclosed the 2004 pay package for Chairman and CEO Darren Woods rose 19% Y/Y to $44.1M, including a ~$1.96M base salary with the majority of his pay package based on variable ...
ExxonMobil chief executive Darren Woods saw the worth of his total pay package rise by about 19% in 2024, thanks in part to greater stock awards and a sizable leap in the value of his pension.
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Exxon’s profits are falling, but CEO Darren Woods’ compensation rose last year—here’s how the oil giant rewards its top execCEO and chairman Darren Woods said the results could be attributed to a mix of non-cash tax and inventory adjustments that happen from time to time. Lower gas prices are also at issue.
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