Exxon Mobil Corp. CEO Rex Tillerson was paid $28.1 million in 2013, down from $40.3 million a year earlier, when his pay was swelled by a big pension adjustment, the Irving-based energy giant said in a regulatory filing. Tillerson's total compensation package included $2.7 million in salary, a $3.7 million bonus, stock awards valued at $21.2 million and nearly $500,000 in other benefits. This year's pay included no adjustments to his pension value or deferred compensation, items that totaled $13 million in 2012 and $9.8 million in 2011.
In filing its proxy statement with the Securities and Exchange Commission on Friday, Exxon also said there are five shareholder proposals on the agenda for the company's annual meeting, set for May 28 in Dallas. The company said it recommends a "no" vote on all. Proposals include an explicit prohibition of discrimination based on sexual orientation, setting of goals for greenhouse gas emissions, disclosure of lobbying activities, a limit on how many directorships board members may hold, and requiring a majority vote for director elections.
-- Jim Fuquay
"Way to go Rex. I’m sure you can expect one hell of a great stock option bonus in your Christmas stocking this year."http://www.forbes.com/sites/rickungar/2014/02/22/exxon-ceo-profits-huge-as-americas-largest-natural-gas-producer-but-frack-it-in-his-own-backyard-and-he-sues/
Posted by: Kim Feil | April 15, 2014 at 07:39 AM