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After the 2023 drop, the ExxonMobil board scooped $1.6 million from Woods’ annual bonus compared to the previous year, giving him $4.8 million down from $6.4 million in 2022.
In 2021, The Guardian reported that Woods' salary exceeded $20,000,000 per year. [19] In 2023, Woods's total compensation from ExxonMobil was $31 million, representing a CEO-to-median worker pay ratio of 199-to-1. [20]
In 2009, he earned a total compensation of $22,830,834, which included a base salary of $1,802,500, ... the ExxonMobil board of directors, ...
The current chairman of the board and CEO of ExxonMobil Corp. is Darren W. Woods. Woods was elected chairman of the board and CEO effective January 1, 2017, after the retirement of former chairman and CEO Rex Tillerson. Before his election as chairman and CEO, Woods was elected president of ExxonMobil and a member of the board of directors in 2016.
Most Exxon stockholders voted to retain CEO Darren Woods and 12 other current directors on the oil giant’s board, rejecting a revolt organized by the nation's biggest public pension fund.
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[3] [4] In May 2021, with the backing of Engine No. 1, Hietala was elected to the board of directors of ExxonMobil, notably, one of the first environment-friendly board members of the Standard Oil descendant.
ExxonMobil's inadequate responses to climate change indicated its board was not functioning effectively due to the absence of an independent chairman, the two shareholders said in a filing. ...