Throughout his tenure, Rex W. Tillerson held significant shares in ExxonMobil, aligning his financial interests closely with the company's performance. His largest wealth was tied to performance shares totaling around $10 million in value during peak years. By 2016, he...
Throughout his tenure, Rex W. Tillerson held significant shares in ExxonMobil, aligning his financial interests closely with the company's performance. His largest wealth was tied to performance shares totaling around $10 million in value during peak years. By 2016, he owned 225,000 performance shares, which reflected his successful years at ExxonMobil. The structure of his equity compensation relied heavily on long-term results to ensure he remained focused on the company's health over immediate profits. Despite not receiving stock options since 2001, his investments showed his confidence in the company’s direction, highlighting a commitment to the future of ExxonMobil. His share holdings fluctuated based on market conditions but generally represented a substantial portion of his net worth during his time as CEO.