Search results
Results from the WOW.Com Content Network
Prior to becoming CEO, Woods ran the refining and chemical divisions of the company, which delivered the majority of ExxonMobil's $7.8 billion net income in 2016. [8] At an investor meeting in New York in 2017, Woods outlined his growth plan including drilling in the Permian Basin of Texas and New Mexico and the Bakken shale formation in North ...
Currently, Woods’ stock ownership is 86 times his base salary because 85% of his shares are unvested, Exxon said. In 2023, Woods’ total realized pay—meaning the total cash salary, bonus, and ...
The current chairman of the board and CEO of ExxonMobil Corp. is Darren W. Woods. Woods was elected chairman of the board and CEO effective January 1, 2017, after the retirement of former chairman and CEO Rex Tillerson. Before his election as chairman and CEO, Woods was elected president of ExxonMobil and a member of the board of directors in 2016.
(Reuters) -Exxon Mobil CEO Darren Woods' first five years at the oil company were marred by missed oil production targets, an investor rebellion and the company's biggest-ever financial loss.
Exxon's CEO noted that it has increased its payment for more than 40 years in a row, a feat fewer than 4% of S&P 500 members have achieved. That's partly because many companies haven't been around ...
ExxonMobil, an American multinational oil and gas corporation presently based out of Texas, has had one of the longest histories of any company in its industry.A direct descendant of John D. Rockefeller's Standard Oil, the company traces its roots as far back as 1866 to the founding of the Vacuum Oil Company, which would become part of ExxonMobil through its own merger with Mobil during the 1930s.
As it stands, we're not on the path to net-zero emissions by 2050, Exxon Mobil CEO Darren Woods said. And maybe that’s not Big Oil’s fault. “The dirty secret nobody talks about is how much ...
Exxon CEO Darren Woods at the Milken Institute's Global Conference in Beverly Hills on May 6. (Apu Gomes—Getty Images) Oil and gas giant Exxon Mobil sees a key advantage in developing power ...