1.
U.S. markets recover from steep losses
IRVING, Texas, Dec. 2 (UPI) -- U.S. energy giant Exxon Mobile Corp. gave its chief executive officer a hefty raise, but trimmed his bonus for 2009, the company said.
In a filing with the Securities and Exchange Commission, Exxon said Chief Executive Officer Rex Tillerson would receive a raise of 7 percent with a bonus of $2.4 million this year, a sharp drop from his 2008 bonus of $4 million, The Dallas Morning News reported Wednesday.
Separately, Tillerson will receive 225,000 company shares, the same as he did a year ago, the newspaper said.
Including deferred payments, bonuses pay and shares earned, Tillerson received $22.4 million a year ago.
This year bonuses were cut as Exxon earned 98 cents per share, compared to $2.85 per share a year ago.
|
|
|
|
|
|
| Additional Business News Stories | |
ERBIL, Iraq, May 24 (UPI) --
Plans for Iraq's semiautonomous Kurdish enclave to build an oil pipeline to Turkey points to a major political and economic realignment in the Middle East that will impact heavily on Iraq.
|
LISLE, Ill., May 24 (UPI) --
A new special operations tactical vehicle has been unveiled by three U.S. companies.
|
First-time buyers are driving the expectations that a recovery has begun. Their numbers and market share are growing despite financing roadblocks and competition with investors for entry-level homes. ...
|
It is a whole new ball of wax in Europe these days.
|
| Stories | Photos | People | Comments |
View Caption
