Exxon CEO Darren Woods’s compensation rose 52% to $35.9 million last year, as the oil-and-gas company brought in record profit
Mobil Corp. Chief Executive Darren Woods’s compensation rose 52% to $35.9 million last year, as the oil-and-gas company brought in record profit.
Most of Mr. Woods’s compensation came from stock awards of $24.9 million, according to a company filing Thursday made to the U.S. Securities and Exchange Commission. That is up more than $11 million from the year prior. Mr. Woods also received a bonus of nearly $6.4 million, more than double his 2021 bonus. His annual salary in 2022 rose 5% to $1.7 million. Other parts of his total compensation include his pension and personal use of the company’s jet. Exxon didn’t respond to a request for comment.
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