Velarion · Company Intelligence
Compensation Brief
Fiscal year 2025 · Filings through 2026-05-29

ExxonMobil Holdings (XOM)

Fiscal year 2025 executive and director compensation, incentive-plan design, equity activity, and governance — every figure in this brief is traceable to its exact location in the company’s SEC filing — the document, the section, the page, and the table, linked directly.

$32,998,628
Darren Woods total, FY2025
89th
CEO pay percentile vs peers
181:1
CEO-to-median pay ratio
92.88%
Say-on-pay support, latest vote
Companies that benchmark against XOM
8 companies name XOM as a compensation peer

Each company listed discloses XOM in its own benchmarking peer group, as disclosed in each company's most recent proxy statement within the last two proxy seasons. Two companies are therefore absent by design: one that named XOM in an earlier year and no longer does, and one whose own most recent disclosure is older than the last two seasons.

01

Summary Compensation Table — fiscal year 2025

Named executive officerSalaryBonusStock awardsOption awardsNon-equity incentivePension / NQDCAll otherTotal
Darren Woods$2,058,000$4,093,000$25,886,250$0$0$0$961,378$32,998,628
Chairman and Chief Executive Officer
Neil Chapman1,316,0002,697,00013,552,890000181,95917,747,849
Senior Vice President
Jack Williams1,328,0002,697,00013,552,890000107,43917,685,329
Senior Vice President
Jon Gibbs849,5002,393,00011,827,140002,095,21473,41817,238,272
Senior President, ExxonMobil Global Operations
Kathryn Mikells1,321,0002,556,00012,126,270001,042,39993,72717,139,396
Senior Vice President and Chief Financial Officer

A dash means the company reported no figure in that column; 0 means it reported zero. Figures are as printed in the filing, without adjustment.

Three-year trend — total compensation per named executive

Named executive officerFY2025 totalFY2024 totalFY2023 totalΔ FY20242025
Darren Woods$32,998,628$44,052,537$36,919,898−11,053,909
Neil Chapman17,747,84925,694,70721,915,442−7,946,858
Jack Williams17,685,32925,401,63022,937,316−7,716,301
Jon Gibbs17,238,272
Kathryn Mikells17,139,39618,912,43118,047,556−1,773,035

Prior-year totals as disclosed in the corresponding proxy; deltas are computed values with the derivation shown in the register.

02

Equity transactions since the proxy statement was filed

No insider equity transactions reported since the proxy statement.

03

Grants of plan-based awards — fiscal year 2025

ExecutiveAwardGrant dateThresholdTargetGrantedMaximumGrant-date fair value
Darren WoodsRSU2025-11-25225,000$25,886,250
Kathryn MikellsRSU2025-11-25105,40012,126,270
Jon GibbsRSU2025-11-25102,80011,827,140
Jack WilliamsRSU2025-11-25117,80013,552,890
Neil ChapmanRSU2025-11-25117,80013,552,890
03b

Vehicle mix — grant-date fair value by award type

Named executive officerTime-vested (RSU)Performance-vested (PSU)Options / SARs% performance-vested
Darren Woods$25,886,250$0$00.0%
Kathryn Mikells12,126,270000.0%
Jon Gibbs11,827,140000.0%
Jack Williams13,552,890000.0%
Neil Chapman13,552,890000.0%

% performance-vested = PSU grant-date fair value ÷ (RSU + PSU + Options), a computed value with the derivation shown in the register.

04

Outstanding equity awards at fiscal year-end 2025

ExecutiveAwardShares unvestedExercise priceMarket value unvested
Jon GibbsRSU354,850$42,702,649
Darren WoodsRSU1,621,050195,077,157
Neil ChapmanRSU894,600107,656,164
Jack WilliamsRSU880,050105,905,217
Kathryn MikellsRSU645,20077,643,368
05

Incentive-plan design — the Compensation Discussion & Analysis

CEO STI target (% of salary)
CEO LTI target (% of salary)
Independent consultantPearl Meyer
Clawback policy
Anti-hedging
Anti-pledging
06

Say-on-pay — recent advisory votes

Meeting yearMeeting dateForAgainstAbstainSupportOutcome
20262026-05-272,906,869,914222,967,50427,391,13792.88%Passed
20252025-05-282,691,098,068233,901,78816,806,48892%Passed
20242024-05-292,431,692,553203,869,28120,408,25392.26%Passed
20232023-05-312,420,413,653252,837,65721,259,17990.54%Passed
20222022-05-252,359,659,298232,188,84829,593,62391.04%Passed
20212021-05-262,467,959,717326,696,51447,433,95888.31%Passed

Rows are labeled by annual-meeting year, with the meeting date beside each; the vote held in a given year acts on the prior fiscal year's compensation.

Say-on-pay — history, company's computation

Meeting yearMeeting dateApproval — company's computation
20262026-05-2792.88%a
20252025-05-2892%b
20242024-05-2992.26%c

a. Approved under the standard stated in the filing — “Abstentions count for quorum purposes but not for voting.”.

b. Voting standard not stated in the filing.

c. Voting standard not stated in the filing.

Approval percentages are the company's own reported computations under its own stated standard, not recomputed by Velarion. Where a company does not state a standard, none is assumed.

07

CEO pay ratio

Ratio (CEO : median employee)181 : 1
CEO total compensation$32,998,628
Median employee compensation$183,084
08

Director compensation — fiscal year 2025

DirectorCash feesStock awardsOption awardsNon-equity incentiveAll otherTotal
Gregory C. GarlandIndependent · Audit · Newly elected$17,636$914,520$0$0$18$932,174
Joseph L. HooleyIndependent · Lead Independent Director · Nominating and Governance (Chair) · Compensation · Executive160,000269,85000109429,959
Michael J. AngelakisIndependent · Audit · Finance (Chair) · Executive130,000269,85000109399,959
Angela F. BralyIndependent · Compensation (Chair) · Environment, Safety and Public Policy130,000269,85000109399,959
Lawrence W. KellnerIndependent · Environment, Safety and Public Policy (Chair) · Finance130,000269,85000109399,959
Maria S. DreyfusIndependent · Audit (Chair) · Compensation130,000269,85000109399,959
Steven A. KandarianIndependent · Compensation · Finance110,000269,85000109379,959
Dina Powell McCormickIndependent · Finance · Nominating and Governance110,000269,85000109379,959
Alexander A. KarsnerIndependent · Environment, Safety and Public Policy · Nominating and Governance110,000269,85000109379,959
Jeffrey W. UbbenIndependent · Environment, Safety and Public Policy · Finance110,000269,85000109379,959
Kaisa H. HietalaIndependent · Audit · Environment, Safety and Public Policy110,000269,85000109379,959
John D. Harris IIIndependent · Audit · Compensation110,000269,85000109379,959
Darren W. WoodsEmployee director · Executive00000
09

Board fee structure and ownership guideline

Annual cash retainer$110,000
Annual equity retainer$269,850
Per board meeting fee
Committee chair fees (audit / comp / nom-gov)20,000 / 20,000
Stock ownership guideline
09b

Total cost of the board

ComponentFY2025
Cash retainers and fees$1,357,636
Equity awards (grant-date value)$3,882,870
All other compensation$1,217
Total cost of the board$5,241,723

Computed as the sum of the director compensation table rows above; inputs and formula shown in the register.

10

Disclosed peer group — fiscal year 2025

The compensation peer group as the company disclosed it in its own proxy — the reference set behind the percentile above.

10a

Peer reciprocity

Of the companies ExxonMobil Holdings names as compensation peers, which name it back in their own disclosed peer groups. A peer set the market reciprocates reads differently from one selected in a single direction.

Reciprocity shown where the peer's own current proxy has been read — each mark is cited in the register to that peer's filing. A dash means the peer's current proxy was read and names no reciprocal group including ExxonMobil Holdings.

10b

Chief executive pay against the peer group

Most recent fiscal-year chief executive compensation at each disclosed peer, taken from that company's own proxy statement.

RankCompanyFYChief executiveSalaryStock awardsOption awardsNon-equity incentiveTotal
1IBM2025Arvind Krishna$1,500,000$23,988,586$6,606,312$5,250,000$37,989,685
2Verizon2025Daniel Schulman375,00032,774,7950937,50034,311,016
3ExxonMobil Holdings2025Darren Woods2,058,00025,886,2500032,998,628
4Johnson & Johnson2025Joaquin Duato1,600,00015,028,9485,927,9954,298,70032,758,111
5Pfizer2025Albert Bourla1,800,0009,442,7058,998,1415,400,00027,585,301
6Ford2025James Farley Jr.1,700,00018,868,30905,746,00027,519,558
7Chevron2025Michael Wirth1,900,00013,524,9954,376,6403,562,50026,828,240
8RTX Corporation2025Christopher Calio1,525,00010,875,3916,753,909024,846,826
9Boeing2025Robert Ortberg1,500,0007,874,8189,624,9593,930,00023,581,389
10Procter & Gamble2025Jon Moeller1,637,50011,519,6456,562,515021,909,816

Each peer's compensation is from its most recently filed proxy; fiscal years differ by company. Each peer's figures come from its own filings; the subject company is highlighted. Peers whose chief executive compensation is outside our coverage universe are stated as such, never left blank.

10c

Incentive design against the same peers

CompanyAnnual incentive payoutLong-term vehicle mixPSU measures include TSRCompensation consultant
ExxonMobil Holdingsnot disclosedPSU 100not disclosedPearl Meyer
Boeing131%Options 55 · RSU 45not disclosedFW Cook (Frederic W. Cook & Co., Inc.)
Chevron125%PSU 50 · RSU 25 · Options 25Yes — Relative Total Stockholder Return (TSR)Meridian Compensation Partners, LLC
Ford130%PSU 60 · RSU 40Yes — rTSR (relative Total Shareholder Return)Not explicitly named in CD&A
IBM150%not disclosedYes — Relative Total Shareholder Return (rTSR)Semler Brossy
Johnson & Johnsonnot disclosednot disclosednot disclosedSemler Brossy Consulting Group
Pfizer150%PSU 50 · MSU 50Yes — relative TSR as compared to the NYSE Arca Pharmaceutical Index (DRG Index or DRG)Meridian Compensation Partners, LLC
Procter & Gamble57%PSU 50Yes — Relative TSR MultiplierMeridian Compensation Partners, LLC
RTX Corporation164%PSU 60 · Options 40Yes — TSR vs. Core A&D PeersFW Cook
Verizon100%PSU 60 · RSU 40Yes — relative total shareholder return (TSR) position compared with the companies in the S&P 100Meridian Compensation Partners, LLC

Read from each company's Compensation Discussion and Analysis: annual incentive payout as a percentage of target, the disclosed long-term vehicle mix, whether performance-share measures include a total shareholder return component, and the retained compensation consultant. “Not disclosed” appears only where the company's filing does not state the item.

11

Source register

Each figure's location is given both for the eye (section · page · table · row · column) and for a script (table/row/column index and exact character span in the filed document). Any figure can be independently confirmed against the source.

#SupportsDocumentFiledAccessionLocation in document
1Section 01, Darren WoodsDEF 14A2026-04-080001193125-26-147614Section “Executive Compensation Tables”. As printed: 32,998,628. Filing ↗machine: t385 · r6 · c2 · span 1433667–1433677
2Section 01, Neil ChapmanDEF 14A2026-04-080001193125-26-147614Section “Executive Compensation Tables”. As printed: 17,747,849. Filing ↗
3Section 01, Jack WilliamsDEF 14A2026-04-080001193125-26-147614Section “Executive Compensation Tables”. As printed: 17,685,329. Filing ↗
4Section 01, Jon GibbsDEF 14A2026-04-080001193125-26-147614Section “Executive Compensation Tables”. As printed: 17,238,272. Filing ↗machine: r475 · c7 · span 955118–955128
5Section 01, Kathryn MikellsDEF 14A2026-04-080001193125-26-147614Section “Executive Compensation Tables”. As printed: 17,139,396. Filing ↗machine: r475 · c7 · span 954403–954413
6Section 03, Darren Woods RSUDEF 14A2026-04-080001193125-26-147614Section “EXECUTIVE COMPENSATION TABLES SUMMARY COMPENSATION TABLE FOR” · grants of plan-based awards table. Filing ↗machine: span 954139–954149
7Section 03, Kathryn Mikells RSUDEF 14A2026-04-080001193125-26-147614Section “EXECUTIVE COMPENSATION TABLES SUMMARY COMPENSATION TABLE FOR” · grants of plan-based awards table. Filing ↗machine: span 954371–954381
8Section 03, Jon Gibbs RSUDEF 14A2026-04-080001193125-26-147614Section “EXECUTIVE COMPENSATION TABLES SUMMARY COMPENSATION TABLE FOR” · grants of plan-based awards table. Filing ↗machine: span 955086–955096
9Section 03, Jack Williams RSUDEF 14A2026-04-080001193125-26-147614Section “EXECUTIVE COMPENSATION TABLES SUMMARY COMPENSATION TABLE FOR” · grants of plan-based awards table. Filing ↗machine: span 954616–954626
10Section 03, Neil Chapman RSUDEF 14A2026-04-080001193125-26-147614Section “EXECUTIVE COMPENSATION TABLES SUMMARY COMPENSATION TABLE FOR” · grants of plan-based awards table. Filing ↗machine: span 954616–954626
11Section 07, pay ratioDEF 14A2026-04-080001193125-26-147614Section “CEO Pay Ratio”. As printed: 181 : 1. Filing ↗
12Section 08, Gregory C. GarlandDEF 14A2026-04-080001193125-26-147614Section “Director Compensation”. As printed: 932,174. Filing ↗machine: t160 · r10 · c34 · span 703099–703106
13Section 08, Joseph L. HooleyDEF 14A2026-04-080001193125-26-147614Section “Director Compensation”. As printed: 429,959. Filing ↗machine: t160 · r16 · c34 · span 718452–718459
14Section 08, Michael J. AngelakisDEF 14A2026-04-080001193125-26-147614Section “Director Compensation”. As printed: 399,959. Filing ↗machine: t160 · r4 · c34 · span 687725–687732
15Section 08, Angela F. BralyDEF 14A2026-04-080001193125-26-147614Section “Director Compensation”. As printed: 399,959. Filing ↗machine: t160 · r6 · c34 · span 692807–692814
16Section 08, Lawrence W. KellnerDEF 14A2026-04-080001193125-26-147614Section “Director Compensation”. As printed: 399,959. Filing ↗machine: t160 · r22 · c34 · span 733756–733763
17Section 08, Maria S. DreyfusDEF 14A2026-04-080001193125-26-147614Section “Director Compensation”. As printed: 399,959. Filing ↗machine: t160 · r8 · c34 · span 697941–697948
18Section 08, Steven A. KandarianDEF 14A2026-04-080001193125-26-147614Section “Director Compensation”. As printed: 379,959. Filing ↗machine: t160 · r18 · c34 · span 723538–723545
19Section 08, Dina Powell McCormickDEF 14A2026-04-080001193125-26-147614Section “Director Compensation”. As printed: 379,959. Filing ↗machine: t160 · r24 · c34 · span 738933–738940
20Section 08, Alexander A. KarsnerDEF 14A2026-04-080001193125-26-147614Section “Director Compensation”. As printed: 379,959. Filing ↗machine: t160 · r20 · c34 · span 728672–728679
21Section 08, Jeffrey W. UbbenDEF 14A2026-04-080001193125-26-147614Section “Director Compensation”. As printed: 379,959. Filing ↗machine: t160 · r26 · c34 · span 744037–744044
22Section 08, Kaisa H. HietalaDEF 14A2026-04-080001193125-26-147614Section “Director Compensation”. As printed: 379,959. Filing ↗machine: t160 · r14 · c34 · span 713319–713326
23Section 08, John D. Harris IIDEF 14A2026-04-080001193125-26-147614Section “Director Compensation”. As printed: 379,959. Filing ↗machine: t160 · r12 · c34 · span 708235–708242
24Section 08, Darren W. WoodsDEF 14A2026-04-080001193125-26-147614Section “Director Compensation”. As printed: 0. Filing ↗
25Section 06, 2026 voteForm 8-K2026-05-290000034088-26-000078Item 5.07 · say-on-pay result. As reported: 92.88% (votes for as printed: 2,906,869,914). Filing ↗
26Section 06, 2025 voteForm 8-K2025-05-300000034088-25-000030Item 5.07 · say-on-pay result. As reported: 92% (votes for as printed: 2,691,098,068). Filing ↗
27Section 06, 2024 voteForm 8-K2024-05-310000034088-24-000036Item 5.07 · say-on-pay result. As reported: 92.26% (votes for as printed: 2,431,692,553). Filing ↗
28Section 01 trend, Δ column (computed)ComputedcomputedΔ = current-FY total − prior-FY total per named officer.machine: formula: Δ = FY(n) − FY(n−1)
29Section 03b vehicle mix (computed)ComputedcomputedRSU / PSU / Options grant-date fair values summed per officer from the grants table; % performance-vested = PSU ÷ (RSU+PSU+Options).machine: formula: sums + PSU ratio
30Section 09b board cost (computed)ComputedcomputedCash 1,357,636 + equity 3,882,870 + all other 1,217 = 5,241,723, summed across the director compensation table rows.machine: formula: Σ = 5,241,723
31IBM, Section 10b CEO totalDEF 14A2026-03-100000051143-26-000025CEO total compensation as printed in IBM's own proxy. As printed: 37,989,685. Filing ↗machine: r11 · c51 · span 1119293–1119303
32Verizon, Section 10b CEO totalDEF 14A2026-04-060001308179-26-000210CEO total compensation as printed in Verizon's own proxy. As printed: 34,311,016. Filing ↗machine: t26 · r1 · c16 · span 239072–239082
33ExxonMobil Holdings (subject), Section 10b CEO totalDEF 14A2026-04-080001193125-26-147614CEO total compensation as printed in ExxonMobil Holdings's own proxy. As printed: 32,998,628. Filing ↗machine: t385 · r6 · c2 · span 1433667–1433677
34Johnson & Johnson, Section 10b CEO totalDEF 14A2026-03-110000200406-26-000063CEO total compensation as printed in Johnson & Johnson's own proxy. As printed: 32,758,111. Filing ↗machine: r3 · c27 · span 1621235–1621246
35Pfizer, Section 10b CEO totalDEF 14A2026-03-120000078003-26-000033CEO total compensation as printed in Pfizer's own proxy. As printed: 27,585,301. Filing ↗machine: t242 · r3 · c12 · span 1506825–1506835
36Ford, Section 10b CEO totalDEF 14A2026-03-270001552781-26-000164CEO total compensation as printed in Ford's own proxy. As printed: 27,519,558. Filing ↗machine: t347 · span 1299844–1299854
37Chevron, Section 10b CEO totalDEF 14A2026-04-070001193125-26-145617CEO total compensation as printed in Chevron's own proxy. As printed: 26,828,240. Filing ↗machine: span 1241206–1241216
38RTX Corporation, Section 10b CEO totalDEF 14A2026-03-090001308179-26-000036CEO total compensation as printed in RTX Corporation's own proxy. As printed: 24,846,826. Filing ↗machine: t237 · r2 · c14 · span 908955–908966
39Boeing, Section 10b CEO totalDEF 14A2026-03-060001193125-26-096787CEO total compensation as printed in Boeing's own proxy. As printed: 23,581,389. Filing ↗machine: r2 · c44 · span 1170571–1170581
40Procter & Gamble, Section 10b CEO totalDEF 14A2025-08-290001193125-25-191749CEO total compensation as printed in Procter & Gamble's own proxy. As printed: 21,909,816. Filing ↗machine: t160 · r6 · c44 · span 892224–892234
41Section 10a, Chevron reciprocityDEF 14A0001193125-26-145617Chevron names ExxonMobil Holdings in its own disclosed peer group (read from its most recent proxy). Filing ↗
42Section 10a, IBM reciprocityDEF 14A0000051143-26-000025IBM's most recent proxy was read; its disclosed peer group does not include ExxonMobil Holdings. Filing ↗
43Section 10a, RTX Corporation reciprocityDEF 14A0001308179-26-000036RTX Corporation's most recent proxy was read; its disclosed peer group does not include ExxonMobil Holdings. Filing ↗
44Section 10a, Verizon reciprocityDEF 14A0001308179-26-000210Verizon's most recent proxy was read; its disclosed peer group does not include ExxonMobil Holdings. Filing ↗
45Section 10a, Johnson & Johnson reciprocityDEF 14A0000200406-26-000063Johnson & Johnson's most recent proxy was read; its disclosed peer group does not include ExxonMobil Holdings. Filing ↗
46Section 10a, Boeing reciprocityDEF 14A0001193125-26-096787Boeing names ExxonMobil Holdings in its own disclosed peer group (read from its most recent proxy). Filing ↗
47Section 10a, Procter & Gamble reciprocityDEF 14A0001193125-25-191749Procter & Gamble names ExxonMobil Holdings in its own disclosed peer group (read from its most recent proxy). Filing ↗
48Section 10a, Ford reciprocityDEF 14A0001552781-26-000164Ford's most recent proxy was read; its disclosed peer group does not include ExxonMobil Holdings. Filing ↗
49Section 10a, Pfizer reciprocityDEF 14A0000078003-26-000033Pfizer's most recent proxy was read; its disclosed peer group does not include ExxonMobil Holdings. Filing ↗