Member access

4-Traders Homepage  >  Shares  >  Nyse  >  Exxon Mobil Corporation    XOM   US30231G1022

SummaryQuotesChart AnalysisNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 

Exxon Mobil Corporation : Exxon CEO Tillerson to see bonus, salary go higher

12/04/2012 | 01:22pm US/Eastern

(Reuters) - The chief executive officer of Exxon Mobil Corp, the world's largest publicly traded oil company, will take home a higher salary next year and his bonus increases 5 percent.

The Irving, Texas, company's board of directors awarded Rex Tillerson, the company's chairman and CEO, a bonus of $4.59 million, up from $4.37 million last year, a filing Tuesday with the U.S. Securities and Exchange Commission showed.

Tillerson's salary will rise 5 percent to $2.71 million effective January 1.

The CEO will receive about half the bonus in cash by the end of this year, while the payout of the balance is linked to the company's earnings, the filing said.

Tillerson was also granted 225,000 shares of restricted stock, the same amount as last year.

So far this year, Exxon's shares have risen 3 percent. The company's shares were down 24 cents, or 0.3 percent, to $87.37 in afternoon trading on the New York Stock Exchange.

(Reporting By Anna Driver; Editing by Gerald E. McCormick)

Recommend :
React to this article
2h ago Chevron Quarter2 profit tops estimates on higher oil, gas prices
2h ago EXXON MOBIL : Announces Estimated Second Quarter 2014 Results
2h ago EXXON MOBIL : ExxonMobil resumes oil flow through southern section of Pegasus pi..
2h ago Chevron second-quarter profit tops estimates on higher oil, gas prices
6h ago EXXON MOBIL : A time for reflection
1d ago EXXON MOBIL : Sell-off brings biggest Dow decline since February
1d ago EXXON MOBIL : EFE News Briefs for Thursday, July 31
1d ago EXXON MOBIL : Oil giant ExxonMobil's earnings rise 28 pct. in 2nd qtr.
1d ago EXXON MOBIL : Not on My Balance Sheet: Climate Change, Fossil Fuels and Stranded..
1d ago EXXON MOBIL : Profit Rises Despite Fall In Output
Duration : Period :
Exxon Mobil Corporation Technical Analysis Chart | XOM | US30231G1022 | 4-Traders
Income Statement Evolution
Exxon Mobil Corporation : Income Statement Evolution
More Financials
Dynamic quotes