REFILE-UPDATE 2-Exxon CEO Woods' compensation rose 19% in 2024

Reuters

04/07

Corrects syntax in headline

April 7 (Reuters) - Exxon Mobil XOM.N CEO Darren Woods' pay package for 2024 rose 19.3% to $44.1 million, a regulatory filing by the U.S. oil major on Monday showed.

Woods' base salary was about $1.96 million, with the majority of his pay package based on variable factors, including a $4.5 million bonus and $26.8 million in stock-based awards.

According to a regulatory filing, Woods' pay package is about 231 times the average compensation of $190,266 received by the oil major's workers.

The median annual compensation for Exxon employees increased by 2.6%, compared to 2023.

Meanwhile, Chevron's CEO Michael Wirth saw total compensation increase by 23.4% to $32.7 million in 2024.

(Reporting by Tanay Dhumal in Bengaluru; Editing by Tasim Zahid)

((Tanay.Dhumal@thomsonreuters.com; Twitter: https://twitter.com/TanayDhumal;))

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Editing by Tasim Zahid)</p><p> ((Tanay.Dhumal@thomsonreuters.com; <a href=\"https://laohu8.com/S/TWTR\">Twitter</a>: https://twitter.com/TanayDhumal;))</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LU1496350171.SGD","symbol_name":"FRANKLIN DIVERSIFIED BALANCED \"A\" (SGDHDG) ACC","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250407:nL3N3QL16R:1","article_id":"2525017001","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2525017001","pubTimestamp":1744028366,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"REFILE-UPDATE 2-Exxon CEO Woods' compensation rose 19% in 2024Corrects syntax in headline. 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