Chevron Boss, Not Exxon’s, Was Highest Paid in 2017

Recently retired John Watson tops list of highest-paid energy bosses; Exxon’s rookie CEO was No. 9

Recently retired John Watson of the oil giant Chevron Corp. topped the list of highest-paid energy bosses in the S&P 500, taking home more in 2017 than his counterpart at Exxon Mobil Corp.

Mr. Watson, 61, received $24.8 million in 2017, compared with the $17.5 million that first-year Exxon chief Darren Woods was paid last year, according to a Wall Street Journal analysis of pay data from MyLogIQ LLC. Mr. Woods took over on Jan. 1 after Rex Tillersonleft Exxon to join the Trump administration.

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