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ExxonMobil chief executive Darren Woods saw the worth of his total pay package rise by about 19% in 2024, thanks in part to greater stock awards and a sizable leap in the value of his pension.
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Exxon’s profits are falling, but CEO Darren Woods’ compensation rose last year—here’s how the oil giant rewards its top execCEO and chairman Darren Woods said the results could be attributed to a mix of non-cash tax and inventory adjustments that happen from time to time. Lower gas prices are also at issue.
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