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If you are interested in the oil and gas industry, you might have heard of Exxon Mobil Corporation, the world’s largest publicly traded oil and gas company. But do you know who is the leader of this giant corporation? His name is Darren W. Woods, and he is the chairman and chief executive officer (CEO) of Exxon Mobil since January 1, 2017. In this article, we will explore his salary, net worth, how much he makes per year, how to become an oil executive like him, his age, family, personal life and bio in a table format.
Darren W. Woods Salary and Net Worth 2023
Woods has an estimated net worth of $80 million as of 2022. His net worth mainly comes from his salary, bonuses, stock awards and dividends from Exxon Mobil. He has been with the company for 29 years and has led it since 2017. He earns an annual salary of $23,494,900, which is about $1.96 million per month or $64,500 per day. His salary exceeds $20 million per year, making him one of the highest-paid CEOs in the world.
How Much Darren W. Woods Makes Per Year
Woods’ salary has increased over the years as he climbed up the ranks of Exxon Mobil. In 2018, his total compensation of salary plus stock and other compensation was $18.8 million. In 2019, he received a 25 percent raise to $23.5 million, $12.3 million of which was to be awarded in stock. His salary reflects his performance and responsibilities as the leader of one of the most profitable and influential companies in the world.
How to Become an Oil Executive Like Darren W. Woods
If you aspire to become an oil executive like Woods, you will need to have a strong educational background, extensive work experience and leadership skills. Woods earned a bachelor’s degree in electrical engineering from Texas A&M University, followed by an MBA from Northwestern University’s Kellogg School of Management. He joined Exxon in 1992 as a planning analyst and worked on various local and international projects in different divisions of the company. He was promoted to vice president of Exxon Mobil Corporation in 2012, senior vice president in 20143 and president in 2016. He became the chairman and CEO in 2017 after his predecessor Rex Tillerson was nominated by President Donald Trump to be the next United States Secretary of State.
To become an oil executive like Woods, you will need to have a solid understanding of the oil and gas industry, its challenges and opportunities, its markets and customers, its technologies and innovations, its regulations and policies, its environmental and social impacts and its future prospects. You will also need to have a vision for the company’s growth and strategy, a passion for excellence and innovation, a commitment to safety and ethics, a respect for diversity and inclusion, a willingness to collaborate and communicate with stakeholders, a ability to adapt to changing circumstances and a courage to make tough decisions.
Darren W. Woods Age, Family and Personal Life
Woods was born in Wichita, Kansas in 1965. He is 57 years old as of 2022. His father worked for the Army and Air Force exchange service, headquartered in Dallas. Woods is married to Kathryn Woods, but there is not much information available about his wife or children. He lives in Irving, Texas, where Exxon Mobil’s headquarters are located. He is a member of the US-China Business Council and the Engineering Advisory Council of Texas A&M University. He has publicly endorsed the Paris climate agreement and has urged President Trump to remain a party to it. He has also been accused of concealing evidence of global warming’s dangers by Congress and named one of the US’ top ‘climate villains’ by The Guardian.
Darren W. Woods Bio in Table
| Name | Darren W. Woods |
|---|---|
| Occupation | Chairman and CEO of Exxon Mobil Corporation |
| Born | 1965 in Wichita, Kansas |
| Age | 57 years old (as of 2022) |
| Education | B.S. in electrical engineering from Texas A&M University; MBA from Kellogg School of Management at Northwestern University |
| Career | Joined Exxon in 1992 as a planning analyst; became vice president of Exxon Mobil Corporation in 2012; became senior vice president in 2014; became president in 2016; became chairman and CEO in 2017 |
| Salary | $23,494,900 per year (as of 2019) |
| Net Worth | $80 million (as of 2022) |
| Family | Married to Kathryn Woods |
| Residence | Irving, Texas |
| Affiliations | US-China Business Council; Engineering Advisory Council of Texas A&M University |
| Views on Climate Change | Supports the Paris climate agreement; urges the US to remain a party to it; accused of hiding evidence of global warming’s dangers |
Conclusion
Darren W. Woods is the chairman and CEO of Exxon Mobil Corporation, the world’s largest publicly traded oil and gas company. He has a net worth of $80 million and a salary of $23.5 million per year. He has been with Exxon for 29 years and has led it since 2017. He has a degree in electrical engineering and an MBA. He has worked on various projects in different divisions of the company. He has a vision for the company’s growth and strategy, a passion for excellence and innovation, a commitment to safety and ethics, a respect for diversity and inclusion, a willingness to collaborate and communicate with stakeholders, an ability to adapt to changing circumstances and a courage to make tough decisions. He is married to Kathryn Woods and lives in Irving, Texas. He is a member of the US-China Business Council and the Engineering Advisory Council of Texas A&M University. He supports the Paris climate agreement but has also been accused of concealing evidence of global warming’s dangers.
Most Asked Questions and Answers About Darren W. Woods
- Who is Darren W. Woods?
- Darren W. Woods is the chairman and CEO of Exxon Mobil Corporation, the world’s largest publicly traded oil and gas company.
- How much does Darren W. Woods make per year?
Darren W. Woods makes $23,494,900 per year as of 2019, which is about $1.96 million per month or $64,500 per day.
- How much is Darren W. Woods worth?
- Darren W. Woods has an estimated net worth of $80 million as of 2022.
- How old is Darren W. Woods?
- Darren W. Woods is 57 years old as of 2022. He was born in 1965 in Wichita, Kansas.
- Where does Darren W. Woods live?
- Darren W. Woods lives in Irving, Texas, where Exxon Mobil’s headquarters are located.
- What is Darren W. Woods’ education?
- Darren W. Woods has a bachelor’s degree in electrical engineering from Texas A&M University and an MBA from Northwestern University’s Kellogg School of Management.
- How did Darren W. Woods become the CEO of Exxon Mobil?
- Darren W. Woods joined Exxon in 1992 as a planning analyst and worked on various local and international projects in different divisions of the company. He was promoted to vice president of Exxon Mobil Corporation in 2012, senior vice president in 2014 and president in 2016. He became the chairman and CEO in 2017 after his predecessor Rex Tillerson was nominated by President Donald Trump to be the next United States Secretary of State.
- What are Darren W. Woods’ views on climate change?
- Darren W. Woods supports the Paris climate agreement and has urged President Trump to remain a party to it. He says that by remaining a party to the accords the US will have a seat at the table to ensure a level playing field and support the most cost-effective greenhouse gas reduction options. However, he has also been accused of hiding evidence of global warming’s dangers by Congress and named one of the US’ top ‘climate villains’ by The Guardian.
- Who is Darren W. Woods’ wife?
- Darren W. Woods is married to Kathryn Woods, but there is not much information available about his wife or children.
- What are some of Darren W. Woods’ achievements?
- Some of Darren W. Woods’ achievements include leading Exxon Mobil to be one of the most profitable and influential companies in the world, investing in low-emission energy projects, expanding oil production in the Permian Basin and the Bakken shale formation, being a member of the US-China Business Council and the Engineering Advisory Council of Texas A&M University, and endorsing the Paris climate agreement.
