ExxonMobil CEO secures raise

Darren Woods gets a base salary bump of 10%.

BY MARKETWIRE, TRANSLATED BY CHRISTOFFER ØSTERGAARD

ExxonMobil’s Chief Executive Officer, Darren Woods, has received a 10% raise following a very strong year for the company share. Media MarketWatch notes that the share price has gone up 79.5% in 2022 compared to a 14.6% loss by the S&P 500.

Woods’ annual salary is set to increase to USD 1.875m in 2023.

Meanwhile, Chief Financial Officer Kathryn Mikells also sees a base salary bump to USD 1.22m from USD 437,000 in 2021 when she started in the job.

Exxon mulling acquisition of minor oil and gas company

Study shows ”very worrisome” climate disinformation from oil giants

Exxon reports record earnings driven by higher fuel prices

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