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Exxon CEO's 2012 Compensation at $40.2 Million, Up 15% From 2011

Exxon Mobil Corp. (XOM) said Friday that Chief Executive Rex Tillerson's total compensation reached $40.2 million in 2012, up 15% from 2011.Most of the increase was due to a change in pension value and other deferred compensation earnings, which rose to $13 million in 2012 from $9.8 million in 2011, the company said in a proxy report to shareholders.Mr. Tillerson's salary rose slightly to $2.56 million in 2012 from $2.38 million in 2011. His bonus saw a slight bump to $4.58 million from $4.368 million.Stock awards for Mr. Tillerson rose to $19.62 million from $17.89 million in 2011.Exxon, based in Irving, Texas, is the largest publicly traded oil company in the U.S.Write to Angel Gonzalez at angel.gonzalez@dowjones.comSubscribe to WSJ: http://online.wsj.com?mod=djnwiresCopyright © 2013 Dow Jones Newswires...

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