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Lee Raymond received roughly $400 million in compensation upon retiring from Exxon where he served as CEO from 1999 through 2005. Exxon has seen record profits as a result of skyrocketing energy prices, due in part to the ongoing fragility of energy supplies and the threat of further violence in the Middle East
ExxonMobil has accumulated $163 billion in record profits in the five-year war period, not only because of the increase in oil prices but because of increased sales of petroleum products to the Pentagon, which amounted to $4.2 billion from 2003 to 2007. Shell and BP compete with ExxonMobil for leadership in Pentagon sales.