During his career, Lee R. Raymond maintained notable holdings in ExxonMobil stock. At his peak in 2004, he owned 2.6 million shares, showcasing strong personal investment in the company. By 2023, this amount fluctuated to approximately $300 million, indicating his...

During his career, Lee R. Raymond maintained notable holdings in ExxonMobil stock. At his peak in 2004, he owned 2.6 million shares, showcasing strong personal investment in the company. By 2023, this amount fluctuated to approximately $300 million, indicating his continued belief in Exxon’s potential. Although Raymond did not receive stock options after 2001, he had substantial gains from vested restricted stock valued at over $32 million in 2005. His indirect holdings through savings contributed another 18,231 shares. Post-retirement, his holdings have evolved alongside market conditions, which highlights both the risks and rewards of being deeply invested in one’s own company.