The reduction came as a result of a large boost from a change in pension value that was included in the previous year, when Tillerson earned $40.3 million.
Tillerson made a base salary of around $2.7 million, or about $150,000 more than a year earlier, according to the company's proxy filing. His cash bonuses totaled about $3.7 million in 2013, down from about $4.6
