Exxon's Tillerson Gets $4M Bonus

By John Johnson,  Newser Staff
Posted Dec 2, 2008 5:56 PM CST
In this July 31 file photo, a customer holds a gas pump handle at an Exxon station in Vancouver, Wash.   (AP Photo)
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(Newser) – A year of flush oil prices is paying off nicely for Exxon Mobil chief Rex Tillerson. He will get a $4 million bonus this year and a 10% increase in salary next year to $2.06 million, Reuters reports. Tillerson also will receive 225,000 shares of restricted stock. In October, Exxon posted a $14.8 billion profit in the third quarter, the biggest quarterly mark ever by a US company. Crude prices have since fallen.