October 26, 2020
ExxonMobil Headquarters

ExxonMobil Board of Directors Compensation, Pay, and Executives Salary

ExxonMobil is one of the largest oil and gas corporations in the world. Hence, it is lucrative to become the board of director in the company. It is headquartered in Irving, Texas, United States. The board of directors at Exxon Mobil constantly receives high pay with many benefits. Being the largest publicly traded oil producer, the company increased CEO compensation package by 4% in 2017 to US$17.5 million.

The annual salary was increased for the CEO Mr. D. W. Woods to $1,500,000 effective from January 1, 2019. ExxonMobil made net income of US$20.84 billion in 2018 with revenue US$279.3 billion (2018). Let’s see information about current board of directors, their salary, stock rewards, and other.

ExxonMobil Headquarters
ExxonMobil Headquarters

ExxonMobil Executive Salaries and Other Income 2019

The following salary details is obtained from information submitted to SEC, year ended 2019.

D. W. Woods – Chairman and CEO (US$15.800 Million)

This board member earned total compensation US$15.800 million including total Cash US$3,864,000 Equity US$11,648,250 Other compensation US$288,040.

A P Swiger, Senior Vice President; PFO (US$12.068 Million)

This board member earned total compensation US$12.068 million including total cash US$3,243,750, Equity US$8,666,298, Other compensation US$158,830.

N. W. Duffin, Vice President; President, ExxonMobil Production Company (US$7.788 Million)

This board member earned total compensation US$7.788 million including total cash US$2,282,000, equity US$5,381,492, Other compensation US$125,050.

N. A. Chapman, Senior Vice President (US$8.506 Million)

This board member earned total compensation US$8.506 million including total cash US$2,109,000, equity US$5,979,435, Other compensation US$417,999.

J. P. Williams Jr., Senior Vice President (US$8.262 Million)

This board member earned total compensation US$8.262 million including total cash US$2,205,167, equity US$5,979,435, other compensation US$78,115.

ExxonMobil Executive Salaries and Other Income 2018

The following salary details is obtained from information submitted to SEC, year ended 2018.

D W Woods, Chairman and CEO

This executive earned US$18,777,787 as total compensation including base salary (paid in cash) US$1,400,000, bonus US$2,464,000, stock awards US$11,648,250, Change in Pension Value and Non qualified Deferred Compensation Earnings US$2,977,497, and all other compensation US$288,040.

AP Swiger

This executive earned US$12,068,878 as total compensation including base salary (paid in cash) US$1,395,750, bonus US$1,848,000, stock awards US$8,666,298, and all other compensation US$158,830.

N A Chapman, Senior Vice President

This executive earned US$9,603,006 as total compensation including base salary (paid in cash) US$833,000, bonus US$1,276,000, stock awards US$5,979,435, change in Pension Value and Non-qualified Deferred Compensation Earnings US$1,096,572, and all other compensation US$417,999.

J. P. Williams, Jr., Senior Vice President

This executive earned US$9,362,786 as total compensation including base salary (paid in cash) US$929,167, bonus US$1,276,000, stock awards US$5,979,435, change in Pension Value and Non-qualified Deferred Compensation Earnings US$1,100,069, and all other compensation US$78,115.

N. W. Duffin, Vice President; President ExxonMobil Production Company

This executive earned US$7,788,542 as total compensation including base salary (paid in cash) US$1,107,000, bonus US$1,175,000, stock awards US$5,381,492, change in Pension Value and Non-qualified Deferred Compensation Earnings US$0, and all other compensation US$125,050.

Current ExxonMobil Board of Directors

This information is updated as of April 11, 2019

  • Susan K. Avery – Director since 2017
  • Angela F. Braly – Director since 2016
  • Ursula M. Burns – Director since 2012
  • Kenneth C. Frazier – Director since 2009
  • Steven A. Kandarian – Director since 2018
  • Douglas R. Oberhelman – Director since 2015
  • Samuel J. Palmisano – Director since 2006
  • Steven S Reinemund – Director since 2007
  • William C. Weldon – Director since 2013
  • Darren W. Woods – Director since 2016

Related Article: Chevron CEO Salary and Total Compensation

Article last re-published on July 20, 2020.