In 2023, John B. Hess earned $5.25M in total compensation at Hess, including $1.50M salary and $3.72M bonus. Most recently sold 257,988 shares in Nov 2024. Currently holds stock worth $49.90M. 4+ years at the helm of Hess.
Compensation History
Annual executive compensation data for John B. Hess, including salary, bonuses, and stock awards.
Year
2023
Total Compensation
$5.25M
Salary
$1.50M
Bonus
$3.72M
Other
$26.33K
Salary
$1.50MBoard Justification
The compensation philosophy targets total direct compensation within a competitive range of market median, aligning with company performance and peer benchmarking.
Bonus
$3.72MBoard Justification
The annual incentive plan (AIP) payout was based on enterprise performance metrics, achieving 165.5% of target, with no individual performance adjustments made for the NEOs in 2023.
Other Compensation
$26.33KBoard Justification
This includes matching contributions under the company’s employees’ savings plan.
Restricted Stock
Board Justification
No stock awards vested in 2023 as the focus is on performance share units (PSUs) and stock options that are tied to future performance periods.
Performance Metrics
The performance metrics for 2023 included production levels, capital and exploratory spend, controllable operated cash costs, returns and cash flow, and environment, health, and safety measures.
John B. Hess
CEO of Hess
Education
Bachelor's degree from Harvard University.
Field of Expertise
Business & Management
Sector of Economy
Energy
Born
March 14, 1955 - 70 years ago
CEO of Hess for
4 years 2 months (Oct 2021 - Present)
Previous Experience
Various roles within Hess Corporation since 1978, including Senior Vice President and Chief Financial Officer.
Other Hess CEOs
Holdings
Track John B. Hess's stock holdings and portfolio value over time.
Total Stock Sold
$709.07M
$697.57M
8,077,468 HES shares
$5.41M
145,600 KKR shares
$6.09M
258,550 HESM shares
What if they kept their stock?
If John B. Hess didn't sell their stock, today they would have:
Extra HES8,077,468 shares worth $0.00 and KKR145,600 shares worth $18.84M and HESM258,550 shares worth $8.85M.
This is -96.09% and $681.37M less than what they got when they sold the stock.
Insider Trading
John B. Hess's recent stock transactions, purchases, and sales filed with the SEC.
$38.19M
HES at $148.03/share
Nov 20, 2024
Sale
$77.80M
HES at $143.10/share
Nov 6, 2024
Sale
84,429 shares
HES
Mar 6, 2024
Received
$30.62M
HES at $145.95/share
Feb 29, 2024
Sale
$46.40M
HES at $141.06/share
Jan 31, 2023
Sale
4,134 shares
KKR
Oct 20, 2022
Received
$65.34M
HES at $100.52/share
Mar 4, 2022
Sale
$20.15M
HES at $91.27/share
Feb 1, 2022
Sale
2,479 shares
KKR
Dec 9, 2021
Received
Rivals
Compare John B. Hess with competitor CEOs and industry peers.
R. Lane Riggs
CEO of Valero Energy
2023 Compensation
Stock
$0.00
Salary
$1.43M
Bonus
$3.35M
Other
$179.80K
Total Holdings
$5.28M
Darren W. Woods
CEO of Exxon Mobil
2024 Compensation
Stock
$10.69M
Salary
$1.97M
Bonus
$4.55M
Other
$396.89K
Total Holdings
$421.98M
Kaes Van't Hof
CEO of Diamondback Energy
2023 Compensation
Stock
$450.00K
Salary
$950.00K
Bonus
$300.00K
Other
$50.00K
Total Holdings
$15.80M
Ezra Y. Yacob
CEO of EOG Resources
2023 Compensation
Stock
$0.00
Salary
$1.17M
Bonus
$2.52M
Other
$373.14K
Total Holdings
$22.95M
Vicki Hollub
CEO of Occidental Petroleum
2022 Compensation
Stock
$16.71M
Salary
$1.26M
Bonus
$312.00K
Other
$549.51K
Total Holdings
$1.52M