imaginima/E+ through Getty Photos Exxon Mobil (NYSE:XOM) and Chevron (NYSE:CVX) paid their CEOs greater than $22M every final yr, in accordance with SEC filings launched on Thursday. Exxon paid Darren Woods $23.6M in 2021, up from $15.6M within the earlier yr, and awarded a $3.1M money bonus, whereas Chevron paid Michael Wirth $22.6M final yr, …
imaginima/E+ through Getty Photos
Exxon Mobil (NYSE:XOM) and Chevron (NYSE:CVX) paid their CEOs greater than $22M every final yr, in accordance with SEC filings launched on Thursday.
Exxon paid Darren Woods $23.6M in 2021, up from $15.6M within the earlier yr, and awarded a $3.1M money bonus, whereas Chevron paid Michael Wirth $22.6M final yr, down from $29M in 2020, and added a $4.5M money bonus.
Filings additionally confirmed Exxon traders will vote in the course of the annual assembly scheduled for Could 25 on seven shareholder proposals that embody a name for the corporate to cut back emissions.
Exxon’s board advises traders to reject all seven shareholder proposals, in accordance with the proxy assertion.
Chevron additionally faces a collection of shareholder votes on local weather and emissions at its annual assembly, additionally deliberate for Could 25; the corporate advises traders to vote towards the proposals.
The disclosures got here a day after a U.S. congressional panel grilled oil firm executives, accusing them of value gouging at a time of excessive gasoline costs.
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