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Darren W. Woods

Chairman and CEO at EXXON MOBIL
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

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.

Interviews

Exxon Mobil CEO Darren Woods on getting to net zero by 2030 and Pioneer deal thumbnail

Exxon Mobil CEO Darren Woods on getting to net zero by 2030 and Pioneer deal

CNBC Television
5:22 min
May 6, 2024
Exxon Mobil CEO Darren Woods on Q4 results: Very strong foundation of investment opportunities thumbnail

Exxon Mobil CEO Darren Woods on Q4 results: Very strong foundation of investment opportunities

CNBC Television
6:27 min
Jan 31, 2025
Exxon Mobil CEO Darren Woods on Q3 results: Company transformation is beginning to manifest itself thumbnail

Exxon Mobil CEO Darren Woods on Q3 results: Company transformation is beginning to manifest itself

CNBC Television
8:32 min
Nov 1, 2024
Exxon Mobil CEO on Q1 results: We're prepared to handle market turbulence today and going forward thumbnail

Exxon Mobil CEO on Q1 results: We're prepared to handle market turbulence today and going forward

CNBC Television
6:37 min
May 2, 2025
Exxon Mobil CEO Darren Woods on California AG lawsuit: We've got to push back against falsehoods thumbnail

Exxon Mobil CEO Darren Woods on California AG lawsuit: We've got to push back against falsehoods

CNBC Television
7:28 min
Jan 17, 2025
Exxon Mobil CEO Darren Woods on $4.9 billion Denbury deal: It allows us to further reduce emissions thumbnail

Exxon Mobil CEO Darren Woods on $4.9 billion Denbury deal: It allows us to further reduce emissions

CNBC Television
6:45 min
Jul 13, 2023
ExxonMobil CEO Darren Woods discusses low-carbon solutions at COP28 thumbnail

ExxonMobil CEO Darren Woods discusses low-carbon solutions at COP28

CNBC Television
4:35 min
Dec 2, 2023
Exxon Mobil CEO Woods on Demand, Refining and ESG thumbnail

Exxon Mobil CEO Woods on Demand, Refining and ESG

Bloomberg Television
11:35 min
Oct 27, 2023
Exxon Mobil CEO Darren Woods on Pioneer deal: Brings higher recovery at lower costs thumbnail

Exxon Mobil CEO Darren Woods on Pioneer deal: Brings higher recovery at lower costs

CNBC Television
7:47 min
Oct 11, 2023
Exxon Mobil CEO Darren Woods: We're going to see record high oil demand this year thumbnail

Exxon Mobil CEO Darren Woods: We're going to see record high oil demand this year

CNBC Television
7:24 min
Jul 28, 2023
Exxon Mobil CEO Darren Woods: The world needs to have a long-term approach to reducing emissions thumbnail

Exxon Mobil CEO Darren Woods: The world needs to have a long-term approach to reducing emissions

CNBC Television
7:29 min
Nov 12, 2024
ExxonMobil CEO talks acquisition of Pioneer Natural Resources thumbnail

ExxonMobil CEO talks acquisition of Pioneer Natural Resources

Yahoo Finance
10:21 min
May 6, 2024
Exxon Mobil CEO Darren Woods on Q2 results: Reflects our work over the last 7 years thumbnail

Exxon Mobil CEO Darren Woods on Q2 results: Reflects our work over the last 7 years

CNBC Television
5:58 min
Aug 2, 2024
Exxon Mobil CEO Darren Woods on Q3 results, global oil demand and energy outlook thumbnail

Exxon Mobil CEO Darren Woods on Q3 results, global oil demand and energy outlook

CNBC Television
6:17 min
Oct 27, 2023