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4-Traders Homepage  >  Equities  >  Nyse  >  Exxon Mobil Corporation    XOM

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

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12/04/2012 | 07:22pm CEST

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)

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Financials ($)
Sales 2016 240 662 M
EBIT 2016 15 718 M
Net income 2016 10 180 M
Debt 2016 38 962 M
Yield 2016 3,38%
P/E ratio 2016 36,45
P/E ratio 2017 19,82
EV / Sales 2016 1,67x
EV / Sales 2017 1,27x
Capitalization 362 666 M
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Mean consensus HOLD
Number of Analysts 24
Average target price 89,6 $
Spread / Average Target 2,5%
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Managers
NameTitle
Rex W. Tillerson Chairman & Chief Executive Officer
Darren W. Woods President & Director
Andrew P. Swiger Principal Financial Officer & SVP
Michael J. Boskin Independent Director
Samuel J. Palmisano Independent Director
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