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    Darren W. Woods

    Chairman and CEO at Exxon Mobil Corp
    Board
    Since January 1, 2017
    Age
    60 years
    Tenure
    Joined ExxonMobil in 1992 and progressed through several key roles including Vice President and President of ExxonMobil Refining & Supply Company (2012-2014), Senior Vice President (2014-2015), and President (2016), before assuming the role of Chairman and CEO in 2017.

    Also at Exxon Mobil Corp

    CSM
    Craig S. Morford
    VP and General Counsel
    DLT
    Darrin L. Talley
    VP, Corporate Strategic Planning
    JPW
    Jack P. Williams
    Senior VP

    About

    Darren W. Woods has built an impressive career marked by over 30 years of global industry experience. Beginning his journey with ExxonMobil in 1992, he steadily advanced through a series of leadership positions, demonstrating a strong commitment to operational excellence and strategic transformation in the energy sector.

    His professional ascent includes significant stints as Vice President and President of ExxonMobil Refining & Supply Company from 2012 to 2014, followed by a role as Senior Vice President from 2014 to 2015, and subsequently serving as President starting in 2016. This trajectory culminated in his appointment as Chairman and CEO on January 1, 2017, where he has been instrumental in steering the company's long-term strategic vision.

    Beyond his corporate roles, he is recognized for his expertise in managing safety-critical operations and his contributions toward energy transition strategies. His involvement in various industry organizations, including the Business Roundtable and the Oil and Gas Climate Initiative, underscores his commitment to shaping the future of the energy landscape.

    $XOM Performance Under Darren W. Woods

    Past Roles

    Organization Role Date Range
    ExxonMobil Senior Vice President 2014 to 2015
    ExxonMobil Refining & Supply Company Vice President and President 2012 to 2014

    External Roles

    Organization Role Date Range [N/A]
    Business Roundtable Member N/A [N/A]
    Business Council Member N/A [N/A]
    Center for Strategic and International Studies Trustee N/A [N/A]
    Oil and Gas Climate Initiative Participant N/A [N/A]

    Fixed Compensation

    Data from  FY 2023
    Component NameAmount (USD)Payment ScheduleAdditional Details
    Salary$1,875,000 AnnuallyFixed salary for 2023
    Life Insurance Benefit$3,750,000 AnnuallyValued benefit for 2023

    Performance Compensation

    Data from  FY 2023

    Bonus

    • Bonus Amount: $4,787,000
    • Payment Schedule: Paid in cash at the time of grant
    • Grant Date: November 29, 2023

    Note: The documents do not provide any specific performance metrics, targets, thresholds, goals, or conditions associated with the bonus component.

    Stock Awards

    DetailValueNotes
    Grant DateNovember 29, 2023 Date when the stock awards were granted
    Grant Date Fair Value$23,199,750 Total fair value of the granted stock awards
    Number of Shares Granted225,000 shares The exact number of restricted stock units granted
    Grant Date Stock Price$103.11 Average price based on NYSE high and low prices
    Vesting Schedule50% in 5 years, 50% in 10 years Restrictions may only be accelerated in the event of death

    Note: No specific performance metrics, thresholds, targets, weights, or evaluation period details are provided for the stock awards.

    Overall, while the compensation components include bonus and stock awards for 2023, the documents do not offer any performance-based conditions or targets related to these awards.