The Associated Press April 13, 2011, 2:20PM ET

Exxon CEO Tillerson 2010 compensation was $21.5M

Exxon Mobil Corp. says its top executive received slightly lower compensation last year, according to an analysis by The Associated Press.

Chairman and CEO Rex Tillerson received compensation worth $21.5 million, about 1 percent lower than the previous year.

The drop came mostly from a 9 percent decline in stock awards that were worth $15.5 million in 2010. Tillerson's salary increased 7 percent salary to $2.2 million, and his bonus rose 40 percent to $3.4 million. He also received $443,921 in company perks including security services, life insurance and the use of company aircraft.

The AP's calculation counts salary, bonuses, perks, stock and options awarded to the executive during the year.


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