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ExxonMobil handed its chief executive a 52% pay increase to $35.9m (£28.7m) for 2022 after the oil company reported its highest ever profits amid Russia’s…
The Chief Executive Officer (CEO) of American oil giant, ExxonMobil was handed a 52 percent pay increase to US$35.9 million for 2022, after the oil company reported its highest profits ever amid the Russia’s invasion of Ukraine which sent oil prices soaring.
Darren Woods, the chairman and CEO of Exxon Mobil Corporation, saw his salary rise by 10% to $1.9 million last year, while his share awards surged by 80%.