Big deal. This guy worked at Exxon for 40 years and instead of a pension which would not have caused a ripple, he elected to take a lump sum. He is not the highest paid guy. One year the Disney head took in over 650 mil…

Never, ever, ever forget that “C.E.O.”: stands for Cheat Every One.

The oil companies have been pulling the same cons and scams since their inception. Check out the decriptive prose in “The Treasure of The Sierra Madre” by B. Traven, first published in 1935.
Also whatever happened to the diatomaceous earth oil filter? Use it and you never have to change the oil in your vehicle. Bought up and destroyed by Big Oil. Back in the wild west they hanged horse theives.

New Image About… EXXON MOBIL - BOYCOTT - NOW

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Thank U, RogerART.com

Hey, Rick L.(#7254)

How do you think this double chinned tub-o-lard got Exxon so profitable?  Unfortunately, with your limited capacity to understand how our economy works I am wasting my breath, but I feel obligated to educate you.

Next time you drive by the pumps and see gas prices climbing for no apparent reason this might be a clue.  Katrina is over, and the little skirmish in Iraq has not changed notably in 3-6 months so their is no shortage, consequently no “real” reason gas should be going up.

This is pure and simple, a re-distribution of money.  CEO raises gas prices, which, as a percentage affect the lower class and middle class more than the upper class.  He then takes increased profits and pays back all the rich shareholders who have invested?

So, he took it from all of us including you unless you do not drive.  Exxon and every other oil related company seem to be profiting immensely during the current regime in Washington.  How come the only companies setting profit records are oil companies and maybe Halliburton?

It would be different if we had choices, but it looks like all the oil companies have exactly the same fixed and variable costs as their prices all go up about the same amount at the same time?  I know you are an educated gent but did you know that Monopoly is not just a board game.

If you really think this guy was just an amazing business manager and skillfully ran the company perfectly then you are more lost than I thought.

I am all for rewarding successful people for achieving goals, targets be it financially, or what ever.  But, seeing as how he made $51 million dollars in salary/bonuses in 2005 it seems a little bit troubling to heap on another 400 million + in a time when these big conglomerates are cutting benefits, freezing pensions of their hourly and mid managers.

Keep in mind, this is just one CEO.  According to the S&P, the average CEO Annual salary for fortune 500 companies is 11.75 million.  That is 11.75 million dollars before the retiment golden parachute?

I feel sorry for all the people working to make a living and wondering if the next round of layoffs will affect them or not.

increased enterprise concentration - in oil, in media, in pharmaceuticals, in defense contracting to mention some -  works against competitive markets, a key for capitalism to work.  exxon-mobile controls too many economic choke points

no one individual - whether it’s Bill Gates or Lee Raymond - makes it happen on their own -

that the benefits of successful enterprise are so concentrated toward the very fewest top officers
so repeatedly in the US .... tells you more about crony capitalists controlling compensation committees than it does about the real value of their contributions to the enterprise

To even point out the obscenity of such theft would be wasted on the Rick L (#7254) types that overpopulate this planet.

This is far more digusting and damaging than any kiddie porn. I’d write more but I have to go puke.

Good for him he deserves every penny. He increased profits and paid out big dividends to company investors. That was his job and he did it well so he should reap the reward.

Oink…................