How Much Does the ExxonMobil CEO Make?
Darren Woods, CEO of ExxonMobil, earned $18.0M in total compensation in 2024, including $9.0M in stock awards and $1,800,000 in base salary.
This page answers a common executive-compensation question: How Much Does the ExxonMobil CEO Make?. The answer draws on SEC DEF 14A proxy statements, the public disclosure mechanism for U.S. public-company executive pay. Every public company must file an annual proxy statement disclosing CEO and named-executive-officer compensation in detail. Why this matters for shareholders: executive compensation is the single most-disclosed governance metric at U.S. public companies, and the Dodd-Frank-mandated say-on-pay vote gives shareholders an explicit channel to express approval or dissent. Reading pay data well — including pay-versus-performance, peer-group selection, and time-vesting structures — is a basic part of stock-by-stock fundamental analysis.
The detailed answer below uses the actual proxy-statement filings, explains how to read them, and translates the executive-compensation accounting into the shareholder-relevant interpretation.
Darren Woods leads ExxonMobil (XOM), a Oil & Gas company with approximately 62,000 employees. In the 2024 proxy statement filed with the SEC, Darren Woods's total compensation of $18,000,000 included $1,800,000 in base salary, $0 in cash bonus, $9,000,000 in stock awards, and $2,160,000 in option awards.
The CEO-to-median-worker pay ratio at ExxonMobil is 150:1, meaning the CEO earns 150x the median worker's pay of $120,000. Over the past three years, ExxonMobil produced a total shareholder return of 2.1% against -1.8% revenue growth. Our Pay-for-Performance Score rates the alignment as C (55/100).
In the most recent say-on-pay vote, 92.6% of shareholders approved the executive compensation plan. Strong shareholder support signals broad approval of the pay package.
Key Data
| Component | Amount |
|---|---|
| Total Compensation | $18,000,000 |
| Base Salary | $1,800,000 |
| Stock Awards | $9,000,000 |
| Option Awards | $2,160,000 |
| Non-Equity Incentive | $2,700,000 |
| CEO-to-Worker Pay Ratio | 150:1 |
| Pay-Performance Grade | C |
Other Oil & Gas CEOs
Frequently Asked Questions
Darren Woods, CEO of ExxonMobil, earned $18.0M in total compensation in 2024, including $9.0M in stock awards and $1,800,000 in base salary.
Darren Woods is the chief executive officer of ExxonMobil (XOM).
The CEO at ExxonMobil earns approximately 150 times the median worker's pay of $120,000.
In 2024, total compensation of $18,000,000 was composed of $1,800,000 base salary, $0 cash bonus, $9,000,000 stock awards, $2,160,000 option awards, and $2,700,000 in non-equity incentive compensation.
Our Pay-for-Performance Score rates ExxonMobil as C (55/100), based on three-year total shareholder return of 2.1%, revenue growth of -1.8%, and shareholder say-on-pay vote approval.
Darren Woods, CEO of ExxonMobil, earned $18.0M in total compensation in 2024, including $9.0M in stock awards and $1,800,000 in base salary.
Source: SEC EDGAR DEF 14A proxy statements, 2026.