I keep receiving the chain emails that try to convince people not to
purchase gas on a certain day or from a certain company. Of course these
are hoaxes.
A few weeks ago I did some research for a project and as a result I had to
read through the Exxon-Mobil prospectus and annual report for the fiscal
year 2000. The salary and financial information for the CEO and other
company officers are public record. Below, is some of the financial
information that I was able to harvest from their prospectus and annual
reports. I am not an accountant, so I suppose that I could have
misinterpreted some of the data, but the information appeared to be clear
and readily available on their website.
(by the way, all figures are in US dollars)
ExxonMobil CEO
Name: L. R. Raymond
Fiscal Year: 2000
Salary: $ 2,500,000 (base salary)
Bonus: $ 2,700,000 (in addition to base salary)
Other annual income: $ 91,643
Stock Awards: $ 9,043,750
Options: $ 525,000
(thats a total of $ 14,860,393 in salary, bonus and stock awards for year
2000)
Revenue for 2000 (ExxonMobil as a whole) totaled $233 billion, up 25 percent
from 1999,
Excluding merger expenses, the combined total of operating costs (including
operating, selling, general, administrative, exploration, depreciation and
depletion expenses from the consolidated statement of income and
ExxonMobil's
share of similar costs for equity companies) in 2000 were $43.6 billion,
down
about $700 million from 1999
After reading this, I suspect that not purchasing gas on a certain day would
not be very effective...
Gary
_____________________________________________
Gary L. Nunn
Delaware Ohio
By the time they had diminished from 50
to eight, the other dwarves began to
suspect "Hungry."
