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Energy
Executive compensation benchmarks for 6 public companies in the petroleum refining industry.
$24.2M
6
$34.2M
181:1
Median
$24,212,543
Average
$24,561,348
25th Percentile
$23,197,574
75th Percentile
$30,992,721
Minimum
$8,602,449
Maximum
$34,228,523
Avg Pay Ratio
181:1
Companies
6
Click any company to see full compensation breakdown
The median petroleum refining CEO compensation is $24,212,543, based on 6 public companies. The average is $24,561,348. Note that CEO compensation includes salary, bonus, stock awards, option awards, and other compensation.
R. Lane Riggs of VALERO ENERGY CORP/TX is the highest paid petroleum refining CEO, with total compensation of $34,228,523 in FY2025.
The average CEO-to-median-employee pay ratio in the petroleum refining industry is 181:1. This means the average CEO earns 181 times what the median employee earns.
Data sourced from SEC filings (DEF 14A proxy statements). Last updated: May 31, 2026. Compensation figures are total annual compensation including salary, bonus, stock awards, and other compensation.
Compare CEO compensation across different industries or research specific companies.
| Company | CEO | Total Comp |
|---|---|---|
| VALERO ENERGY CORP/TX VLO | R. Lane Riggs | $34.2M |
| EXXON MOBIL CORP XOM | D.W. Woods | $33.0M |
| Chevron Corporation CVX | Michael K. Wirth | $25.0M |
| CONOCOPHILLIPS COP | R.M. Lance | $23.5M |
| Phillips 66 PSX | Mark Lashier | $23.1M |
| CVR ENERGY INC CVI | David L. Lamp | $8.6M |