Rex Tillerson, the chairman and chief executive officer of Exxon Mobil Corporation will receive a $2.8 million bonus for 2006 and a 17% raise in salary to $1.75 million for 2007. The compensation package will be addition to giving $14.2 million in restricted stock that already was given to the oil executive. Oil executive payouts have become a controversial topic recently when United States gas prices reached all time highs.

Exxon Mobil chief to get $2.8M bonus, raise