Agenda ExxonMobils Business Environment and Key Business Strategies Pay for Long-Term Performance Long-Term Business Performance and Basis for Compensation Decisions Financial and Operating Performance Strategic Business…
ExxonMobils Business Environment Long investment horizons Typically requires 10+ years for capital investments to generate returns Large capital investments More than 36 billion in 2011 Approximately 185 billion expected over…
ExxonMobils Key Business Strategies Long-term growth in shareholder value Disciplined, selective, and long-term focus in making investments Operational excellence and risk management Industry-leading returns on capital…
Pay for Long-Term Performance Linkage to the Business Model ExxonMobils compensation program is unique in how it effectively links executive pay to the business model and the interests of long-term shareholders Long-Term Program…
Pay for Long-Term Performance, contd Risk of Forfeiture In the oil and gas industry, management decisions on large, capital- intensive projects affect financial and operating results for decades into the future Thus, to motivate…
Pay for Long-Term Performance, contd Holding Periods of Annually Granted Compensation(1) Holding Periods Exceed Comparators Long-term orientation of ExxonMobils compensation program far exceeds the holding periods of our…
Long-Term Business Performance and Basis for Compensation Decisions Lost-Time Injuries and Illnesses Return on Average Capital Employed (ROCE) (1) Employee safety data from participating American Petroleum (1) Royal Dutch Shell,…
Long-Term Business Performance and Basis for Compensation Decisions, contd Ten-Year Cumulative Total Returns(1) Twenty-Year Cumulative Total Returns(1) (1) The value of 100 invested in common stock of the company on (1) The value…
Comparator Companies Total Shareholder Return ExxonMobil Comparator Company Average(1) (percent) ExxonMobil 18.7% 4.6% 4.3% 10.4% 12.0% 15.3% Rank 4 of 13 12 of 13 5 of 13 4 of 13 4 of 13 1 of 11 Percentile 74 8 67 81 77 100 (1)…
Financial and Operating Performance Financial and operating results outlined below provide additional perspective on Company performance: Earnings of 41 billion in 2011, increased by 35 percent versus 2010. Five-year annual average…
Strategic Business Results Expansion of opportunities in U.S. Gulf of Mexico and a major oil discovery with the Hadrian-5 exploration well Strategic Cooperation Agreement with Rosneft to jointly participate in exploration and…
Strategic Business Results, contd Additional unconventional resource acquisitions enabled by XTO Continued leverage of XTO expertise to expand unconventional resource base in the United States and evaluate potential global…
CEO Compensation CEO Reported Pay vs. Realized Pay (1) Reported Pay is Total Compensation based on the current reporting rules for the Summary Compensation Table. Reported Pay for 2006-2008 includes the grant date value of…
CEO Compensation, contd CEO Reported Pay 2011 Restricted Stock Grant: 2011 restricted stock grant was awarded at the same share level as the last three years Annual Bonus: 2011 corporate earnings increased 35 percent to over 41…
CEO Compensation, contd CEO Pay Alignment The following chart illustrates how the percent change in Reported Pay has tracked changes in TSR during the current CEOs tenure (1) Percent change in TSR represents the annual change in…
Scale and Scope of ExxonMobil Scale of ExxonMobil vs. Comparator Companies(1) (1) Comparator companies consist of: AT&T, Boeing, Chevron, ConocoPhillips, General Electric, Hewlett-Packard, IBM, Johnson & Johnson, Pfizer, Procter &…
Scale and Scope of ExxonMobil, contd To put the size and scale challenge in perspective, the charts below illustrate the financial values managed (from the table on the previous slide) for each dollar of compensation paid to the CEO…
Development and Retention of Executive Talent Technical Depth and Experience: Retaining high-quality executives for a career and developing technical and leadership skills provide the Company with a strong competitive advantage…
Prior Say on Pay Vote and Shareholder Engagement In 2011, over 67 percent of votes cast were in favor of the say on pay resolution The Compensation Committee has carefully considered this result as well as shareholder feedback on…
Vote FOR Item 3: Advisory Vote to Approve Executive Compensation ExxonMobils compensation program supports a business model that has weathered volatile commodity prices and industry business cycles for many years Our compensation…
Loading...
