Wednesday, December 03, 2008

Recession

Hitting some harder than others.

The chief executive officer of U.S. oil major Exxon Mobil Corp was awarded a $4 million bonus in 2008 and will receive a 10 percent increase in his annual salary in 2009, according to a regulatory filing.

Rex Tillerson, the chief of the world's largest publicly traded company, was also granted 225,000 shares of restricted stock, a filing with the U.S. Securities and Exchange Commission showed.

As of January 1, the executive's salary will be $2.06 million.

Last year, Tillerson received a bonus of $3.4 million and his salary was $1.87 million. At that time, Tillerson was granted 185,000 shares of restricted stock.
How did you do this year?

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