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Exxon Mobil to give CEO a raise to $2.7 million

Source : AP
Last Updated: Tue, Dec 04, 2012 22:00 hrs

Exxon Mobil Corp. is raising CEO Rex W. Tillerson's salary 6 percent to $2.72 million on Jan. 1.

The oil giant said Tuesday in a regulatory filing that Tillerson will also get a bonus of $4.59 million and 225,000 shares of restricted stock.

In 2011, the last year for which full details are available, Tillerson received compensation worth $25.2 million, including salary, bonus, stock awards and other items. He has been CEO since 2006.

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