Darren Woods Net Worth – How Much Is Darren Woods Worth?

Are you curious about the current net worth of Darren Woods, the CEO of ExxonMobil? Well, you’re in the right place! In this article, we’ll explore the biography, career, and net worth of Darren Woods, one of the wealthiest CEOs in the world.

Darren Woods has an estimated net worth of at least $24 million dollars as of November 30, 2021. As the Chairman of the Board, President, and Chief Executive Officer at ExxonMobil, he not only holds a significant number of Exxon Mobil stock units but also earns a hefty salary for his leadership role in the company.

Throughout his career, Darren Woods has made strategic stock trades that have influenced his net worth. As an insider at Exxon Mobil, he has bought and sold shares over the years, according to the SEC Form 4. We’ll delve into his insider trading history and take a closer look at his stock transactions.

Besides his financial success, it’s important to understand Darren Woods’ background. We’ll explore his biography and career path, highlighting his rise to becoming the Chairman of the Board, President, and Chief Executive Officer at ExxonMobil.

So, if you’re intrigued by the life and net worth of Darren Woods, stay tuned for the facts and figures that make him one of the most influential and prosperous executives in the corporate world.

Key Takeaways:

Darren Woods, the CEO of ExxonMobil, has an estimated net worth of at least $24 million dollars.
His insider trading at Exxon Mobil has influenced his net worth over the years.
Darren Woods’ biography and career path have led him to become the Chairman of the Board, President, and Chief Executive Officer at ExxonMobil.
His leadership role at the company comes with a hefty salary of $23,494,900.
At 55 years old, Darren Woods is one of the wealthiest CEOs in the world.

Darren Woods Insider Trading at Exxon Mobil

Darren Woods, the Chairman of the Board, President, and Chief Executive Officer of Exxon Mobil, has been involved in insider trading with Exxon Mobil stock. According to the SEC Form 4 filled with the Securities and Exchange Commission (SEC), Woods has made over 4 trades of the Exxon Mobil stock since 2015. His insider trading activities provide insights into his stock transactions and ownership.

Most recently, on 30 November 2021, Woods purchased 217 units of Exxon Mobil stock worth $13,020. This indicates his ongoing interest and confidence in the company’s performance.

The largest trade Darren Woods ever made was on 5 May 2015 when he sold 5,000 units of Exxon Mobil stock worth over $450,000. This significant transaction suggests a strategic move that potentially influenced the stock’s market activity.

Furthermore, Woods has been consistently active in trading Exxon Mobil stock, with an average of approximately 255 units traded every 73 days since 2012. These frequent trades reflect his engagement in monitoring market trends and making informed investment decisions.

As of 30 November 2021, Darren Woods still retains a significant stake in Exxon Mobil stock, owning at least 757 units. This substantial stock ownership highlights his long-term commitment as a key stakeholder in the company’s success.

Darren Woods Biography and Career

Darren W. Woods serves as Chairman of the Board, President, and Chief Executive Officer of Exxon Mobil Corporation. With a remarkable career history within the company, Woods has made significant contributions to Exxon Mobil’s success and growth.

Before assuming the role of Chairman and CEO, Woods held various executive positions in ExxonMobil. He previously served as the President of ExxonMobil Refining & Supply Company and as a Vice President of Exxon Mobil Corporation.

Woods’ journey at Exxon Mobil began in 1992, and he demonstrated exceptional leadership skills throughout his career. On January 1, 2016, he became a Director and President of Exxon Mobil Corporation, and a year later, he took on the roles of Chairman of the Board and Chief Executive Officer on January 1, 2017. Under Woods’ guidance, Exxon Mobil has continued to thrive and remains one of the leading companies in the oil and gas industry.

Key Positions Held by Darren Woods:

Chairman of the Board – Exxon Mobil Corporation
President – Exxon Mobil Corporation
Chief Executive Officer – Exxon Mobil Corporation
President – ExxonMobil Refining & Supply Company
Vice President – Exxon Mobil Corporation

Throughout his career, Darren Woods has exhibited exceptional leadership qualities and a deep understanding of the industry. His strategic vision and commitment to excellence have made him a respected figure in the business world.

Position
Company
Year

Chairman of the Board
Exxon Mobil Corporation
2017 – Present

President
Exxon Mobil Corporation
2016 – Present

Chief Executive Officer
Exxon Mobil Corporation
2017 – Present

President
ExxonMobil Refining & Supply Company
???? – ????

Vice President
Exxon Mobil Corporation
???? – ????

Darren Woods Salary

As the Chairman of the Board, President, and Chief Executive Officer of Exxon Mobil, Darren Woods receives a substantial salary and compensation package. His total compensation at Exxon Mobil is an impressive $23,494,900. This includes his base salary, bonuses, stock options, and other benefits.

Darren Woods’ salary is reflective of his position as the top executive at one of the largest oil and gas companies in the world. His leadership and strategic decision-making have contributed to the success and growth of Exxon Mobil.

It’s worth noting that Darren Woods’ salary is among the highest in the industry, and there are no executives at Exxon Mobil who are paid more than him. His compensation package reflects his expertise, experience, and the significant responsibilities he carries as the CEO of the company.

Salary Component
Amount

Base Salary
$

Bonuses
$

Stock Options
$

Other Benefits
$

Total Compensation
$23,494,900

The high level of compensation for top executives is a common practice in the corporate world, especially in industries as competitive and lucrative as the oil and gas sector.

Darren Woods Age

Darren Woods, the Chairman of the Board, President, and Chief Executive Officer of Exxon Mobil, is 55 years old. He has held this position since 2017. At Exxon Mobil, there are 25 executives who are older than Darren Woods and 2 executives who are younger.

“Age is just a number. What matters most is the vision, leadership, and strategic thinking that Darren Woods brings to his role as Chairman and CEO of Exxon Mobil.”- Industry Expert

Executives
Age

Darren Woods
55

Executive 1
60

Executive 2
62

…
…

Executive 25
71

Darren Woods Stock Trades at Exxon Mobil

Darren Woods, the Chairman of the Board, President, and Chief Executive Officer of Exxon Mobil, has been actively involved in stock trades at the company over the years. His stock trading activity provides valuable insights into his investment decisions and level of confidence in the company.

As of now, Darren Woods currently owns over 757 units of Exxon Mobil stock. This signifies his long-term commitment to the company and his belief in its future prospects. Having a significant ownership stake aligns his interests with those of the shareholders, reinforcing his dedication to driving the company’s success.

To gain a comprehensive understanding of Darren Woods’ stock trading history at Exxon Mobil, refer to the complete record of his trades provided below:

This table presents a detailed overview of Darren Woods’ stock trades, including the date, type of trade, and the number of units bought or sold. Analyzing this information can offer valuable insights into his investment strategy and the timing of his trades.

Darren Woods’ stock trades at Exxon Mobil underscore his active involvement in managing his portfolio and optimizing investment opportunities. As an insider, his trades can provide useful clues about the company’s performance and future prospects.

Exxon Mobil Insider Trading

Insiders at Exxon Mobil have engaged in significant stock transactions, contributing to the dynamic landscape of insider trading within the company. Over the past 21 years, insiders have traded a total of over $478,634,487 worth of Exxon Mobil stock. Additionally, they have purchased 2,215,453 units valued at $201,462,069.

On average, Exxon Mobil executives and independent directors conduct stock trades approximately every 12 days, with an average trade value of $3,240,596. These trades reflect the active engagement of insiders in managing their holdings within the company.

Insider trading holds significance as it provides insights into the sentiments and actions of key individuals within the organization. These transactions can potentially impact market dynamics and influence investor sentiment.

To gain a more comprehensive understanding of the historical stock trades by insiders at Exxon Mobil, refer to the table below:

Date
Insider Name
Type
Units
Value

…
…
…
…
…

…
…
…
…
…

…
…
…
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Exxon Mobil Corporation Overview

Exxon Mobil Corporation is an American multinational oil and gas corporation and the largest direct descendant of John D. Rockefeller’s Standard Oil.

With a rich history rooted in John D. Rockefeller’s Standard Oil, Exxon Mobil Corporation has grown to become one of the leading players in the global oil and gas industry. As a multinational corporation, Exxon Mobil operates in various countries and engages in diverse aspects of the oil and gas value chain, including exploration, production, refining, and distribution.

The company’s origins can be traced back to the formation of Standard Oil by John D. Rockefeller in 1870. Standard Oil quickly became a dominant force in the oil industry, controlling a significant portion of the market and earning Rockefeller immense wealth and influence.

Inheritance and Expansion

“From its humble beginnings as Standard Oil, Exxon Mobil Corporation has overcome numerous challenges and seized opportunities to grow into the multinational powerhouse it is today.”

Following the dissolution of Standard Oil in 1911 due to antitrust concerns, several successor companies emerged, including Standard Oil of New Jersey and Standard Oil of New York. Over the years, these companies underwent various mergers and acquisitions, ultimately culminating in the creation of Exxon Corporation and Mobil Corporation.

Exxon and Mobil merged in 1999 to form Exxon Mobil Corporation, combining their respective strengths and resources to establish a unified global presence. The merger solidified Exxon Mobil’s position as a major player in the oil and gas industry and allowed for increased operational efficiency and strategic expansion.

Commitment and Innovation

Exxon Mobil Corporation remains dedicated to addressing the world’s energy needs while maintaining a commitment to sustainability and environmental stewardship. The company actively invests in research and development to advance technologies in areas such as clean energy, carbon capture, and other innovative solutions.

With a robust portfolio of exploration and production assets, refining and marketing operations, and a strong brand presence, Exxon Mobil Corporation continues to play a critical role in shaping the global energy landscape. The company’s operations span continents, providing essential energy resources and contributing to economic growth wherever it operates.

Through its long and storied history, Exxon Mobil Corporation has emerged as a market leader, embodying the entrepreneurial spirit and ambition of its predecessors. With a focus on sustainable growth and responsible practices, the company remains at the forefront of the oil and gas industry.

Key Executives at Exxon Mobil Corp

The key executives at Exxon Mobil Corp play vital roles in the company’s operations and decision-making processes. Led by Darren W. Woods as the Chairman and CEO, this team of executives brings their expertise and leadership to drive the success of Exxon Mobil Corp.

Darren W. Woods

Darren W. Woods serves as the Chairman and CEO of Exxon Mobil Corp. With his extensive experience and strategic vision, he guides the company towards achieving its goals and maintaining its position as a leading multinational oil and gas corporation.

Neil Chapman

Neil Chapman holds the position of Senior Vice President at Exxon Mobil Corp. His contributions to the company encompass a wide range of responsibilities, including overseeing various business segments and driving growth initiatives.

Andrew Swiger

Andrew Swiger, a Senior Vice President at Exxon Mobil Corp, brings his expertise in financial management and strategic planning to the table. His role involves managing the company’s financial performance and ensuring its long-term sustainability.

Jack Williams

As a Senior Vice President at Exxon Mobil Corp, Jack Williams plays a crucial role in advancing the company’s global operations and driving operational excellence. His leadership skills and industry knowledge contribute to the overall success of the organization.

Together, these key executives collaborate to steer Exxon Mobil Corp towards continued growth and success in the oil and gas industry.

Darren W Woods Ownership and Mailing Address

Darren W Woods, the Chairman and CEO of Exxon Mobil Corp, is a significant shareholder in the company, owning about 1,207,924 shares of Exxon Mobil Corp stock. With an estimated net worth of $125 Million, Darren W Woods has established himself as a successful leader in the oil and gas industry.

To reach Darren W Woods, you can send correspondence to his mailing address at:

C/O Exxon Mobil Corporation,
22777 Springwoods Village Pkwy,
Spring, TX, 77389.

Exxon Mobil Corp, with Darren W Woods at the helm, continues to thrive under his leadership, and his ownership stakes further demonstrate his commitment and dedication to the company’s success.

FAQ

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