Irving Texas 75039. Gina Clark - AmerisourceBergen Rea will lead several employee initiatives such as New Digs, which aims to combat work-from-home burnout by letting employees and their families work from an Airbnb in the location of their choosing, and Random Coffee, which connects employees across the company through random Zoom pairings. Chief Marketing Officer (CMO) Location: Los Angeles, CA About the Company: A client of Burns Matthews & Partners is a rapidly growing startup, backed by an iconic CEO with multiple successful exits ISMG - Information Security Media Group - Princeton Throughout this press release, both Exhibit 99.1 as well as Exhibit 99.2, due to rounding, numbers presented may not add up precisely to the totals indicated. increased marketing and . Risk Factors of ExxonMobils 2022 Form 10-K. Mr. Andrew P. Swiger is a Chief Financial Officer & Senior VP at Exxon Mobil Corp. and a Member at Boy Scouts of America. James Moretti Chief Operations Officer at ExxonMobil DuWest Realty, a Dallas-based retail brokerage firm with over 5 million square feet and 180 properties under their watch, has hired veteran leasing expert Giancarlo GC Carriero as vice president of retail brokerage. It combines Income taxes and Total other taxes and duties with sales-based taxes, which are reported net in the income statement. The company is also involved in the manufacture, trade, transport, and sale of crude oil, petroleum products, and other specialty products; and manufactures and markets petrochemicals, including olefins, polyolefins, aromatics, and various other petrochemicals. To help you find the right contact for your request, take a look at our people profiles below. Structural cost savings describe decreases in cash opex excluding energy and production taxes as a result of operational efficiencies, workforce reductions, and other cost-saving measures that are expected to be sustainable compared to 2019 levels. ExxonMobil uses innovation and technology to deliver energy to a growing world. Mortlock has been the energy infrastructure company's chief operating officer since 2019, and will take over as CEO from Alan Foy on 1 March. She is a former CFO at Xerox, ADT, Nalco and United Airlines. , and depletion), Net income/(loss) attributable to noncontrolling interests, ExxonMobil share of income taxes of equity companies, Investments, advances and long-term receivables, Long-term obligations to equity companies, (9,000 million shares authorized, 8,019 million shares issued), (3,976 million shares at March 31, 2023, and 3,937 million shares at December 31, 2022), Additions/(Reductions) in debt with three months or less maturity, Cash dividends to ExxonMobil shareholders, Cash dividends to noncontrolling interests, Cash and cash equivalents at beginning of period, Net natural gas production available for sale, million Sheryl Roy - Leadership/Life Coach, Artist, Consultant - LinkedIn Our weekly Robinson graduated from Dallas Baptist University with a bachelors degree in sociology and communication and a masters degree in communications. Exxon Mobil Corporation today announced first-quarter 2023 earnings of $11.4 billion, or $2.79 per share assuming dilution. A reconciliation to earnings is shown for 2023 and 2022 periods in Attachments II-a and II-b. Earnings excluding identified items is not meant to be viewed in isolation or as a substitute for net income/(loss) attributable to ExxonMobil as prepared in accordance with U.S. GAAP. This press release also references free cash flow (non-GAAP). Public Company Information: NYSE: XOM Simmons has also spent nearly 20 years as director of operations, policy and recording manager, escrow officer, and asset manager and gaining experience in the lending industry. McCarron holds a bachelors degree from Mount Saint Vincent University in Halifax, Nova Scotia, and a Masters degree from the University of Western Ontario in London, Ontario. Morford is currently deputy general counsel. , Edmund L.C. She will take up her new role next month, when current CFO Andrew Swiger steps down after 43 years at the . Compared to the same quarter last year, net charges declined $339 million due to lower financing costs. Copyright 2003-2023 Exxon Mobil Corporation. ExxonMobil will discuss financial and operating results and other matters during a webcast at 7:30 a.m. Central Time on April 28, 2023. Diversity statistics challenged by new scorecard, Campaign calls for all investors to have an equal voice, Why we need to teach diversity, equity, and inclusion. Cash flow from operations totaled $16.3 billion, and free cash flow was $11.4 billion for the quarter. Joli Robinson joins Dallas Area Habitat for Humanity as vice president of government affairs and public policy. 1 Scope 1 and 2 greenhouse gas emission estimates from ExxonMobil's operated assets (2022, compared to 2016 levels); the company is working to continuously improve its performance and methods to detect, measure and address greenhouse gas emissions. The base salary for CMO in companies like EXXON MOBIL CORP range from $399,100 to $561,800 with the average base salary of $461,400. Positive drivers were volume and mix improvements driven by reliable operations and the Beaumont refinery expansion start-up and the absence of unfavorable prior-quarter unsettled derivatives. Based in Singapore, Andrew is responsible for the ExxonMobil LNG sales and purchases portfolio and oversees the marketing of LNG for ExxonMobils equity projects and joint ventures. Forward-looking and other statements regarding our environmental, social and other sustainability efforts and aspirations are not an indication that these statements are necessarily material to investors or requiring disclosure in our filing with the SEC. ExxonMobil PNG (Papua New Guinea) Limited. Copyright IR Media Group Ltd. 1995 - 2023 All rights reserved. Sales or Revenue 400.44 B. References to resources or resource base may include quantities of oil and natural gas classified as proved reserves, as well as quantities that are not yet classified as proved reserves, but that are expected to be ultimately recoverable. Shareholder distributions of $8.1 billion included $4.3 billion of share repurchases, keeping the company on track to repurchase up to $17.5 billion during the year. No spam, ever. What Are the 9 Roles of a CMO (Chief Marketing Officer)? - Indeed Unless otherwise indicated, references to earnings, Upstream, Energy Products, Chemical Products, Specialty Products and Corporate and Financing segment earnings, and earnings per share are ExxonMobils share after excluding amounts attributable to noncontrolling interests. Copyright 2023, D Magazine Partners, Inc. We use cookies to ensure that we give you the best experience on our website. ExxonMobil has a long history of leadership in the petroleum and petrochemical industries. Join to view profile ExxonMobil. The company successfully completed the ramp-up of the Beaumont Refinery expansion, demonstrating 250,000 barrels per day of crude distillation capacity and expanding its integration advantage by capitalizing on the growth of lighter crude oil from the Upstream's Permian assets. Upstream earnings were $6.5 billion, a decrease of $1.7 billion from the fourth quarter. These impacts were partially offset by higher volumes, mix improvements driven by advantaged project growth, strong operating execution, and disciplined cost management. Chief Marketing Officer (CMO) Princeton, NJ, CMO Salaries with a High School Diploma or Technical Certificate, CMO Salaries with a Master's Degree or MBA, CMO Salaries with a JD, MD, PhD or Equivalent, Detailed skills and competency reports for specific positions. Rea, who previously served as an executive assistant, will now be responsible for HR, culture, talent acquisition, onboarding, learning and development, and compensation and benefits. General Manager This report, by McKinsey and EuroCommerce, outlines the EU retail and wholesale sectors ambitions for Mikells, a former CFO at Diageo, Xerox, ADT, Nalco and United Airlines, will take over from Andrew Swiger next month. Management uses these figures to improve comparability of the underlying business across multiple periods by isolating and removing significant non-operational events from business results. Crenshaw brings more than 20 years of experience in organizational communications and change initiatives. In 2007 he was appointed acting deputy attorney general by then-president George W Bush. This is a broader indicator of the total tax burden on the Corporations products and earnings, including certain sales and value-added taxes imposed on and concurrent with revenue-producing transactions with customers and collected on behalf of governmental authorities (sales-based taxes). The high quality of the directors, officers and employees of Exxon Mobil Corporation is the corporation's greatest strength. Excluding the identified item associated with the Sakhalin-1 expropriation, net charges decreased $241 million. Capital and exploration expenditures were $6.4 billion, on track to meet the company's full year guidance of $23 billion to $25 billion. The deputy general counsel of Exxon Mobil Corp. has been elected by the company's board of directors to replace general counsel Randall Ebner when he retires in November, the company . Chief Marketing Officer Lead Planner @ ExxonMobil; Project Superintendent and Advisor @ ExxonMobil; Senior Field Engineer @ CH2M HILL; . CA. We welcome Matt to ExxonMobil and will leverage his knowledge and experience to enhance our corporate communications, said Darren Woods, chief executive officer and chairman. 750 North St.Paul St. Vice President Relative to 2019, estimated cumulative structural cost savings totaled $7.2 billion, which included an additional $0.3 billion in the first three months of 2023. A reconciliation to total taxes is shown in Attachment I-a. Cerda earned her MBA at California State University, Long Beach, and her BBA from Pepperdine University. chairman and chief executive officer. , Free cash flow is not meant to be viewed in isolation or as a substitute for net cash provided by operating activities. Mikells holds an MBA from the University of Chicago. Andrew Elliot Corresponding per share amounts are shown on page 1 and in Attachment II-a, including a reconciliation to earnings/(loss) per common share assuming dilution (U.S. GAAP). Jos Evens This press release includes cash flow from operations and asset sales (non-GAAP). These include global or regional changes in the supply and demand for oil, natural gas, petrochemicals, and feedstocks and other market factors, economic conditions and seasonal fluctuations that impact prices and differentials for our products; government policies supporting lower carbon investment opportunities such as the U.S. Inflation Reduction Act or policies limiting the attractiveness of future investment such as the additional European taxes on the energy sector; variable impacts of trading activities on our margins and results each quarter; actions of competitors and commercial counterparties; the outcome of commercial negotiations, including final agreed terms and conditions; the ability to access debt markets; the ultimate impacts of COVID-19 or other public health crises, including the effects of government responses on people and economies; reservoir performance, including variability and timing factors applicable to unconventional resources; the level and outcome of exploration projects and decisions to invest in future reserves; timely completion of development and other construction projects; final management approval of future projects and any changes in the scope, terms, or costs of such projects as approved; government policies and support and market demand for low carbon technologies; war, civil unrest, attacks against the company or industry and other political or security disturbances; expropriations, seizure, or capacity, insurance or shipping limitations by foreign governments or laws; opportunities for potential investments or divestments and satisfaction of applicable conditions to closing, including regulatory approvals; the capture of efficiencies within and between business lines and the ability to maintain near-term cost reductions as ongoing efficiencies; unforeseen technical or operating difficulties and unplanned maintenance; the development and competitiveness of alternative energy and emission reduction technologies; the results of research programs and the ability to bring new technologies to commercial scale on a cost-competitive basis; and other factors discussed under Item 1A. Before joining Fermata Energy, Zelis served as Electric Vehicle Business Development Manager for Nissan North America, who worked closely with Fermata Energy. ExxonMobil Upstream Oil & Gas Company. A reconciliation to net cash provided by operating activities for the 2022 and 2023 periods is shown on page 8. At the same time, our Low Carbon Solutions team is rapidly growing this new business with an additional carbon capture, transportation and storage agreement that underscores the company's growing momentum in providing industrial customers with large-scale emission reduction solutions.. The company announced its final investment decision for the Uaru development in Guyana. Managing Director Imaginuity has promoted Kristin Nuckols to serve as its first chief media officer. Senior Vice President Show them how. In addition, CMO identifies potential markets, customer segments, and products to explore. Pandemic unemployment benefits to end next month. Darren W. Woods Chairman and Chief Executive Officer Kathryn A. Mikells Senior Vice President, Chief Financial Officer Neil A. Chapman Senior Vice President Jack P. Williams Senior Vice President Angela F. Braly Director Steven A. Kandarian Director Gregory J. Goff Director CA. For convenience and simplicity, words such as venture, joint venture, partnership, co-venturer, and partner are used to indicate business and other relationships involving common activities and interests, and those words may not indicate precise legal relationships. ExxonMobil picks successor to general counsel - Corporate Secretary ExxonMobil's ambitions, plans and goals do not guarantee any action or future performance by its affiliates or Exxon Mobil Corporation's responsibility for those affiliates' actions and future performance, each affiliate of which manages its own affairs. ExxonMobil holds an industry-leading inventory of resources, is one of the largest refiners and marketers of petroleum products, and its chemical company is one of the largest in the world. Exxon Mobil Corporation has numerous affiliates, many with names that include ExxonMobil, Exxon, Mobil, Esso, and XTO. First-quarter 2023 earnings were $11.4 billion compared with $12.8 billion in the fourth quarter of 2022. UT Dallas is paying students to get vaccinated. board moves, CFOs, ExxonMobil, Kathryn Mikells. Excluding the identified item associated with additional European taxes on the energy sector, earnings were $11.6 billion compared to $14.0 billion in the prior quarter. The company announced its final investment decision for the Uaru development in Guyana. Copyright 2003-2023 Exxon Mobil Corporation. In 2007, he was appointed as acting deputy attorney general by former President George W. Bush. Andrew Swiger to retire as senior vice president of Exxon Mobil Corporation;Kathryn Mikells elected senior vice president and chief financial officer. Dominic Genetti In addition, you will be accountable for ZipRecruiter ATS Jobs for ZipSearch/ZipAlerts - 3 days ago, Summer Classics Inc - Pelham Corporate and Financing reported net charges of $355 million. In addition to supporting the agencys underwriters and sales associates in Texas, Oklahoma, New Mexico, and Arkansas, Simmons will be contributing to projects at the national level as a part of her role. Identified Items Per Common Share (non-GAAP), Earnings/(Loss) Excl. Vice President of Global LNG Marketing and Chairman - ExxonMobil LNG Market Development: 000 0000: 000000 00000: Self: Board Member & Member of Compensation (Chair); Environment, Safety and Public Policy Committee . Exxon Mobil Corporation officers D. W. Woods Chairman of the Board (1) N. A. Chapman Senior Vice President (1) K. A. Mikells Senior Vice President and Chief Financial Officer (1) J. P. Williams, Jr. Senior Vice President (1) D. L. Ammann Vice President J. R. Chapman Vice President, Tax and Treasurer (1) AL. The company may refer to these opportunities as projects in external disclosures at various stages throughout their progression. Ms. Evers has worked for Imperial for over 22 years in a range of positions within the downstream, beginning in 1998 in the Edmonton marketing office. 4 . He was also with Cypress Equities and GGP (now Brookfield Retail) earlier in his career. Projects or plans may not reflect investment decisions made by the company. The omicron variant has arrived in the U.S. as Biden's COVID-19 vaccine mandate for healthcare workers is blocked by a federal judge. Upstream earnings were $6.5 billion, a decrease of $1.7 billion from the fourth quarter. Identified items in the fourth quarter included a higher impact from the additional European taxes on the energy sector, asset impairments, and one-time adjustments related to the Sakhalin-1 expropriation. . Exxon Mobil Corporation has numerous affiliates, many with names that include ExxonMobil, Exxon, Mobil, Esso, and XTO. HR or Marketing? The company's debt-to-capital ratio remained at 17% and the net-debt-to-capital ratio declined to about 4%, reflecting a period-end cash balance of $32.7 billion. Similarly, discussion of future carbon capture, transportation and storage,as well as biofuel, hydrogen and other plans to reduce emissions are dependent on future market factors, such as continued technological progress, policy support and timely rule-making and permitting, and represent forward-looking statements. Sherri Evers was appointed vice-president, commercial and corporate development, effective January 1, 2021. Dave Brownell Senior Vice President Global Operations James Moretti serves as the Chief Operations Officer of ExxonMobil. Compared to the same quarter last year, net charges declined $339 million due to lower financing costs. Specialty Products earnings were $774 million, up $14 million from the fourth quarter. Compensation data tools, salary structures, surveys and benchmarks. Morford previously spent 20 years with the United States Department of Justice. ExxonMobil Corporations board has picked Craig Morford as the companys next vice president and general counsel. This measure is useful for investors to understand the Corporation's efforts to optimize spending through disciplined expense management. In his role, Carriero will be responsible for overseeing a portfolio of project leasing assignments and procuring new landlord and tenant clients. Andrew Barry Vice President Global LNG Marketing Based in Singapore, Andrew is responsible for the ExxonMobil LNG sales and purchases portfolio and oversees the marketing of LNG for ExxonMobil's equity projects and joint ventures. Improved finished lubes margins partially offset lower industry basestock prices. Frequently used terms and non-GAAP measures. Peter Larden Managing Director ExxonMobil PNG (Papua New Guinea) Limited Salary.com's CompAnalyst platform offers: Calling in Sick: 7 Good Reasons, 7 Lame Reasons, Types of Bonuses: 10 Bonus Programs for Employees, 8 Jobs Youll Love That Pay $50,000 a Year. I thank Suzanne for her many contributions to the companys success during her career and wish her all the best in retirement.. This press release also references free cash flow (non-GAAP). Corresponding per share amounts are shown on page 1 and in Attachment II-a, including a reconciliation to earnings/(loss) per common share assuming dilution (U.S. GAAP). Copyright 2003-2023 Exxon Mobil Corporation. A reconciliation to net cash provided by operating activities for the 2022 and 2023 periods is shown on page 8. Identified items unfavorably impacted earnings by $158 million this quarter, down from $561 million in the previous quarter. Philip Wong Energy giant ExxonMobil has appointed Kathryn Mikells as chief financial officer. Receive independent news, thoughtful journalism & expert insights about leadership, corporate governance & key boardroom issues straight to your inbox every week. To ensure the most secure and best overall experience on our website, we recommend the latest versions of, Delivered record first quarter earnings of $11.4 billion, demonstrating structural earnings improvements through growth of advantaged assets, mix improvements, and cost and execution efficiencies, Increased oil and gas net production by nearly 300,000 oil-equivalent barrels per day versus first-quarter 2022, excluding divestments, entitlements, and Sakhalin-1 expropriation, Started up the Beaumont Refinery expansion and reached full capacity of 250,000 barrels of production per day to help meet global demand, Announced final investment decision for the Uaru offshore development and two new discoveries in Guyana, Grew Low Carbon Solutions business with the execution of a new long-term customer contract for carbon capture, transportation, and storage. Personnel Moves: ExxonMobil VP and General Counsel To Retire Net income/(loss) including noncontrolling interests, Net income/(loss) attributable to ExxonMobil, Earnings per common share - assuming dilution (U.S. dollars), Other assets, including intangibles - net, Net cash provided by operating activities, Net cash provided by (used in) financing activities, Increase/(Decrease) in cash and cash equivalents, Cash and cash equivalents at end of period, Earnings/(Loss) Excluding Identified Items (non-GAAP), Earnings/(Loss) Per Common Share1 (U.S. GAAP), Earnings/(Loss) Excl. Andrew Barry Dallas, Texas 75201. regulatory updates, governance trends and best practices, careers and much more. Swiger was elected senior vice president and a member of the management committee in 2009 and became principal financial officer in 2013. Gina Clark is executive vice president and chief communications & administration officer for AmerisourceBergen where she oversees strategic communications, marketing, government affairs, and corporate citizenship. Identified items unfavorably impacted earnings by $158 million this quarter, down from $561 million in the previous quarter. This press release also references structural cost savings. Exxon Mobil Corp. XOM (U.S.: NYSE) - The Wall Street Journal Morford is currently deputy general counsel. ExxonMobil's ambitions, plans and goals do not guarantee any action or future performance by its affiliates or Exxon Mobil Corporation's responsibility for those affiliates' actions and future performance, each affiliate of which manages its own affairs. ExxonMobil announces full-year 2022 results IRVING, Texas - January 31, 2023 - Exxon Mobil Corporation today announced fourth-quarter 2022 earnings of $12.8 billion, or $3.09 per share assuming dilution, resulting in full-year earnings of $55.7 billion, or $13.26 per share assuming dilution. Chemical Products earnings were $371 million, up from $250 million in the fourth quarter, mainly on improved margins from strengthening of the North American ethane feed advantage partly offset by higher scheduled maintenance. James Moretti Chief Operations Officer James Moretti serves as the Chief Operations Officer of ExxonMobil. The earnings/(loss) impact of an identified item for an individual segment may be less than $250 million when the item impacts several periods or several segments. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target. Before that, a partner at Tricom/MGHerring. ExxonMobil Qatar. Crenshaw will focus on growing business through internal and external marketing strategies and providing senior communications counsel to clients in his new role. Morford was chief legal and compliance officer for Cardinal Health between 2008 and 2019. For convenience and simplicity, words such as venture, joint venture, partnership, co-venturer, and partner are used to indicate business and other relationships involving common activities and interests, and those words may not indicate precise legal relationships. Furman joined the company as it began its turnaround, widely viewed as one of the most successful in U.S. retail history. Structural cost savings are stewarded internally to support management's oversight of spending over time. Management uses these figures to improve comparability of the underlying business across multiple periods by isolating and removing significant non-operational events from business results. The Corporation declared a second-quarter dividend of $0.91 per share, payable on June 9, 2023, to shareholders of record of Common Stock at the close of business on May 16, 2023.
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