{
  "docId": "019de071-041e-72bc-a4a4-b0331dc0dafb",
  "docSlug": "8f2bf126f524c30adef79c8d33966ec8",
  "documentTitle": "Engine No. 1 | Activist Presentation Deck | 83 slides",
  "authorId": "engine-no-1",
  "authorName": "Engine No. 1",
  "documentKindSlug": "activist-deck",
  "documentKindLabel": "Activist deck",
  "sourceTypeSlug": "activist_investor",
  "sourceTypeLabel": "Activist investor",
  "presentationDate": "2021-05-01 00:00:00",
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  "pageNumber": 64,
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  "slideType": "expose_contradiction",
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  "density": "balanced",
  "nDataPoints": 10,
  "notes": "Uses a dual-axis chart to visually demonstrate the divergence between market cap and CEO compensation.",
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  "components": [
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        "h": 0.75,
        "w": 0.45,
        "x": 0.5,
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      "kind": "chart",
      "text": "ExxonMobil Market Cap. vs. CEO Stock Awards",
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      "text": "From 2017-19, ExxonMobil's total return was -(12)% and share repurchases were effectively halted in 2017, yet CEO compensation rose 35% during this period. While 2020 CEO compensation was down 33%, ~72% of this reduction was due to the temporary COVID-related decline in the stock price, and the number of shares awarded increased 14%. Stock awards, the largest discretionary compensation component (~60%), have grown every year from 2017-2020. In total from 2017 through 2020, CEO pay has totaled over $75 million",
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      "kind": "source-note",
      "text": "Source: ExxonMobil proxy statements.",
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      "kind": "title",
      "text": "Inverse relationship between management compensation and performance for shareholders",
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      "name": "ceo-quote-contradiction",
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      "matchId": "ee03e89f-a819-4bac-989f-2b3bf62cb337",
      "evidence": "Contrasts executive pay growth against shareholder value destruction.",
      "confidence": 0.9
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      "beatId": "9bd661fe-88d6-4551-876f-d6bd438ebca8",
      "arcName": "Problem-Agitate-Solution",
      "arcSlug": "problem-agitate-solution",
      "beatName": "Solution (Provide relief)",
      "beatSlug": "problem-agitate-solution-solution-provide-relief",
      "evidence": "The document presents a solution, including new board members and a coherent returns-focused strategy, to address ExxonMobil's issues.",
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