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No. of Recommendations: 21
Lee Raymond was an outstanding CEO. No doubt about it.

I'm pure capitalist. No doubt about it.

However-----NOBODY should receive a $400 million retirement package. PERIOD!

It's fair to say that Lee Raymond was very fairly and very adequately compensated each and every year while he led XOM to new heights. Rightly so. He, with NO additional retirement benefits, would have led a VERY secure and moneyed retirement without any additional "retirement package". Because he was very rich by the time he retired----even the "regular" retirement benefit would have supported him in fine style! Without the $400. million, he and his family would have NEVER run out of money!!!!

It's time the owners of our corporations took back some control concerning executive compensation AND Board compensation. Enough is enough.

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