1 year ago
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Darren Woods’ pay is ‘reflective of record company earnings and stock price performance’, says oil firm
ExxonMobil handed its chief executive a 52% pay increase to $35.9m (£28.7m) for 2022 after the oil company reported its highest ever profits amid Russia’s invasion of Ukraine.
Darren Woods’ salary rose by 10% to $1.9m last year while his bonus and share awards surged by 80% compared with the year before. The company said the bumper payday was “reflective of record company earnings and stock price performance”.
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