Darren W. Woods is the CEO of Exxon Mobil Corporation, a major player in the global energy sector. He took the helm in January 2017 after a steady rise through the ranks since joining the company in 1992. With a...

Number of Employees

61.5K

Year

2023

Total Compensation

$35.78M

Salary

$1.88M

Board Justification

The compensation philosophy is designed to align executive pay with long-term shareholder value and company performance, with a significant portion of pay tied to performance shares with long vesting periods.

Bonus

$4.79M

Board Justification

The 2023 bonus was paid in cash at time of grant, reflecting the company's performance metrics and individual performance assessments.

Other

$5.92M

Board Justification

Includes various forms of compensation such as life insurance, savings plan contributions, and personal security costs.

Restricted Stock

$23.20M(225K RSU)

Board Justification

Performance shares granted in the form of restricted stock units, with 50% vesting in 5 years and the remaining 50% vesting in 10 years, based on performance metrics.

Performance Metrics

Performance metrics include operational performance, financial performance, energy transition goals, and business portfolio optimization.

SEC Filing

From April 11, 2024

Darren W. Woods

CEO of Exxon Mobil

E

Education

Bachelor of Science in Mechanical Engineering from Texas A&M University

Field of Expertise

Technology & Engineering - Engineering

Born

August 1, 1965 - 59 years ago

Is Founder?

No

Current Tenure

8 years 0 months (Jan 2017 - Present)

Previous Experience

Joined Exxon in 1992, held various management positions including Senior Vice President of Exxon Mobil Corporation.