Sector News

ExxonMobil chief exec sees pay rise

April 15, 2015
The chief executive of ExxonMobil received about $33million last year – an increase of about 18% from $28million in 2013.
Rex Tillerson saw his base salary incease to $2.8million from $2.7million the year before.
Earlier this year the company said it would be cutting its capex by 12%.
In a regulatory filing the company said it expected to spend about $34billion over the next several years, down from a previous capital expenditure of around $37billion and less than $42.5billion in 2013.
Source: Energy Voice

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