In 2016, Rex W. Tillerson earned $16.95M in total compensation at Exxon Mobil, including $3.17M salary, $1.67M bonus and $9.87M in stock. Most recently acquired 225,000 shares in Nov 2016. Currently holds stock worth $309.74M. Has donated $6.54M in stock to charitable causes. Led Exxon Mobil as CEO for 10 years.
Compensation History
Annual executive compensation data for Rex W. Tillerson, including salary, bonuses, and stock awards.
Year
2016
Total Compensation
$16.95M
Salary
$3.17M
Bonus
$1.67M
Other
$2.25M
Salary
$3.17MBoard Justification
The compensation philosophy is designed to reward outstanding performance, promote retention, and encourage long-term business decisions that align with shareholder interests.
Bonus
$1.67MBoard Justification
The 2016 bonus was paid one-half in cash at the time of grant. The Company delays payment of the balance until cumulative earnings reach $6.50 per share. Delayed bonus amounts do not earn interest.
Other Compensation
$2.25MBoard Justification
Other compensation includes life insurance, savings plan contributions, personal security, and financial planning services.
Restricted Stock
Board Justification
In 2016, for Mr. Tillerson, restrictions lapsed on 50 percent of performance share awards that were granted in 2011.
Performance Metrics
The performance metrics for determining the CEO's compensation include industry-leading results across seven pre-established performance areas and metrics.
Rex W. Tillerson
Ex-CEO of Exxon Mobil
Education
Bachelor's degree in Civil Engineering from the University of Texas at Austin
Field of Expertise
Technology & Engineering - Engineering
Sector of Economy
Energy
Born
March 23, 1952 - 73 years ago
CEO of Exxon Mobil for
10 years 11 months (Jan 2006 - Dec 2016)
Previous Experience
Joined Exxon in 1975, held various management positions including President of ExxonMobil Development Company.
Holdings
Track Rex W. Tillerson's stock holdings and portfolio value over time.
Total Stock Sold
$17.18M
$17.18M
197,307 XOM shares
What if they kept their stock?
If Rex W. Tillerson didn't sell their stock, today they would have:
Extra XOM197,307 shares worth $23.11M.
This is 34.54% and $5.93M more than what they got when they sold the stock.
Charitable Transactions
55,795 shares
XOM
Recent Charitable Transactions
25,300 shares
XOM
Nov 30, 2016
Charity
330 shares
XOM
Dec 9, 2015
Charity
265 shares
XOM
Dec 29, 2014
Charity
795 shares
XOM
Dec 18, 2013
Charity
825 shares
XOM
Dec 17, 2012
Charity
23,680 shares
XOM
Feb 1, 2012
Charity
Insider Trading
Rex W. Tillerson's recent stock transactions, purchases, and sales filed with the SEC.
25,300 shares
XOM
Nov 30, 2016
Charity
225,000 shares
XOM
Nov 30, 2016
Received
330 shares
XOM
Dec 9, 2015
Charity
225,000 shares
XOM
Nov 24, 2015
Received
265 shares
XOM
Dec 29, 2014
Charity
225,000 shares
XOM
Nov 25, 2014
Received
795 shares
XOM
Dec 18, 2013
Charity
225,000 shares
XOM
Nov 26, 2013
Received
825 shares
XOM
Dec 17, 2012
Charity
225,000 shares
XOM
Nov 28, 2012
Received
Rivals
Compare Rex W. Tillerson 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
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
Michael K. Wirth
CEO of Chevron
2024 Compensation
Stock
$17.19M
Salary
$1.89M
Bonus
$3.62M
Other
$0.00
Total Holdings
$2.78M