Sundar PichaiSundar Pichai earned $164M in 2023

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...

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Darren W. Woods

CEO of Exxon Mobil

Education

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

Field of Expertise

Technology & Engineering - Engineering

Sector of Economy

Energy

Born

August 1, 1965 - 59 years ago

CEO of Exxon Mobil for

8 years 3 months (Jan 2017 - Present)

Previous Experience

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

Holdings

See how much did Darren W. Woods make over time.

Darren W. Woods has significant skin in the game with over $180 million in ExxonMobil stock as of late 2024. His holdings are largely through family trusts and retirement accounts, illustrating a solid belief in his company’s future. Over the...

Total Stock Sold

$443.05K

XOM

$443.05K

5,000 XOM shares

What if they kept their stock?

If Darren W. Woods didn't sell their stock, today they would have:
Extra XOM5,000 shares worth $219.25K.
This is -50.51% and $223.80K less than what they got when they sold the stock.

Charitable Transactions

XOM

4,780 shares

XOM

Recent Charitable Transactions

XOM

489 shares

XOM

Nov 26, 2021

Charity

XOM

1,960 shares

XOM

Nov 22, 2021

Charity

XOM

2,820 shares

XOM

Dec 23, 2020

Charity

Insider Trading

See recent insider trades of Darren W. Woods.

XOM

225,000 shares

XOM

Nov 26, 2024

Received

XOM

225,000 shares

XOM

Nov 29, 2023

Received

XOM

225,000 shares

XOM

Nov 30, 2022

Received

XOM

$13.02K

XOM at $60.00/share

Nov 30, 2021

Purchase

XOM

489 shares

XOM

Nov 26, 2021

Charity

XOM

489 shares

XOM

Nov 26, 2021

Charity

XOM

$19.62K

XOM at $60.00/share

Nov 26, 2021

Purchase

XOM

215,000 shares

XOM

Nov 23, 2021

Received

XOM

1,960 shares

XOM

Nov 22, 2021

Charity

XOM

1,960 shares

XOM

Nov 22, 2021

Charity

Compensation History

See how much did Darren W. Woods make over time.

In 2023, Darren Woods' total compensation reached over $36 million, reflecting not just his role but the performance of ExxonMobil under his leadership. His salary was set at $1.875 million, with a notable bonus of around $4.79 million this year tied to company achievements. What’s interesting is that a big chunk of his package, over $23 million, comes from restricted stock units that vest over time, indicating a strong focus on long-term results rather than short-term gains. This kind of pay structure keeps CEOs like Woods aligned with shareholders, ensuring they make choices that benefit the company in the long run. Over the years, his compensation has risen significantly, demonstrating the company's trust in his leadership, especially as ExxonMobil navigates the complex energy landscape.

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.

Other Exxon Mobil CEOs

Here are other CEOs of Exxon Mobil