Sundar PichaiSundar Pichai earned $164M in 2023

John Rielly, the former CEO of Hess Corporation, holds a Bachelor’s degree in Accounting from the University of Delaware. He has a strong background in finance and has been a key figure at Hess since 2013. Rielly's compensation was closely...

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John Rielly

Ex-CEO of Hess

Education

Bachelor's degree in Accounting from the University of Delaware.

Field of Expertise

Finance & Banking - Finance

Sector of Economy

Energy

Born

May 1, 1966 - 59 years ago

CEO of Hess for

8 years 0 months (May 2013 - May 2021)

Previous Experience

Senior Vice President and Chief Financial Officer of Hess Corporation.

Holdings

See how much did John Rielly make over time.

John Rielly's holdings in Hess Corporation fluctuated greatly over the years, reflecting his investment in the company's growth. At his peak in 2023, his stocks held a remarkable value of over $48 million, showcasing a strong belief in the company’s...

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Total Stock Sold

$35.40M

HES

$35.40M

445,102 HES shares

What if they kept their stock?

If John Rielly didn't sell their stock, today they would have:
Extra HES445,102 shares worth $20.18M.
This is -43% and $15.22M less than what they got when they sold the stock.

Insider Trading

See recent insider trades of John Rielly.

HES

$375.17K

HES at $144.52/share

Mar 6, 2024

Sale

HES

22,025 shares

HES

Mar 6, 2024

Received

HES

$464.45K

HES at $137.41/share

Mar 6, 2023

Sale

HES

4,239 shares

HES

Mar 6, 2023

Received

HES

$1.88M

HES at $139.46/share

Jan 31, 2023

Sale

HES

$6.84M

HES at $100.01/share

Mar 4, 2022

Sale

HES

5,140 shares

HES

Mar 4, 2022

Received

HES

$910.27K

HES at $91.00/share

Feb 1, 2022

Sale

HES

$6.96M

HES at $80.17/share

May 5, 2021

Sale

HES

$284.20K

HES at $72.06/share

Mar 6, 2021

Sale

Compensation History

See how much did John Rielly make over time.

John Rielly's compensation at Hess Corporation shows a direct link to the company's performance. In 2021, he earned a total of $1.5 million in salary, which can be seen as steady, but his bonuses tell a different story. That year, his cash bonus was substantial at $2.39 million, emphasizing that his biggest paychecks came from achieving performance goals. Notably, in 2019, his total compensation soared to around $5.3 million, largely from bonus payouts that were based on hitting ambitious performance targets. Over his tenure, Rielly's annual pay varied significantly, featuring no stock grants or vested options in certain years. This structure illustrates that while his base salary was consistent, the bulk of his earnings hinged on meeting the company’s strategic goals. His compensation philosophy aligned closely with performance metrics, indicating a need to focus on long-term success rather than just short-term gains.

Year

2021

Total Compensation

$3.91M

Salary

$1.50M

Board Justification

The compensation philosophy aims to attract and retain talented executives while aligning their interests with stockholder value through a mix of cash and stock-based compensation, with a significant portion tied to performance metrics.

Bonus

$2.39M

Board Justification

The annual incentive plan payout was based on enterprise performance results achieving 106% of target, resulting in a cash incentive award of $2,385,000 for 2021.

Other

$23.14K

Board Justification

This includes matching contributions under the company’s employees’ savings plan and other benefits.

Restricted Stock

$0.00(0 N/A)

Board Justification

No stock was reported as vested in 2021 for the CEO, as the focus is on performance share units and stock options which are not included in this summary.

Performance Metrics

The performance metrics for the annual incentive plan included enterprise performance results, with a focus on key business objectives that drive long-term value creation.