Based in Port Moresby, Peter is responsible for ExxonMobil operations in-country, including the Papua New Guinea LNG project. Houston, Texas, United States ExxonMobil 31 years Corporate Inclusion & Diversity Sep 2020 - Jul 20221 year 11 months Global Organizational Effectiveness Consultant, Downstream / Chemicals /. Heres how to respond, Morrow Sodali top 40 activist quarterly ownership analysis - fourth quarter 2022, Cushman & Wakefield recruits general counsel, Applied Industrial Technologies hires new general counsel, Daimler Truck North America promotes general counsel to legal chief. This press release also includes total taxes including sales-based taxes. Identified Items Per Common Share1 (non-GAAP), Earnings/(Loss) Excl. Susan Simmons joins Agents National Title Insurance as its new Southwest agency operations manager. Our weekly Since that time, McCarron held assignments of increasing responsibility in ExxonMobils corporate headquarters in Irving, Texas, including general manager of public affairs and president of the ExxonMobil Foundation. 000 0000: 000000 00000: Exxon Mobil: Chief Executive Officer & Chairman: 000 0000: 0000000 0000: Exxon Mobil: Board Member: 000 . She received a bachelors degree from the University of Texas at Dallas and a management certificate from Southern Methodist University. ExxonMobil Corporations board has picked Craig Morford as the companys next vice president and general counsel. Map. Join to view profile ExxonMobil. 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 . In 2007 he was appointed acting deputy attorney general by then-president George W Bush. In 2007, he was appointed as acting deputy attorney general by former President George W. Bush. I thank Suzanne for her many contributions to the companys success during her career and wish her all the best in retirement.. 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 ExxonMobil elects Matt Furman as vice president, public and government affairs; Suzanne McCarron to retire. Global LNG Leadership Team | ExxonMobil LNG The total cash compensation, which includes bonus, and annual incentives, can vary anywhere from $531,300 to $870,900 with the average total cash compensation of $678,500. in the fast-moving world of corporate governance by signing up for our popular newsletters. This measure is useful when evaluating cash available for financing activities, including shareholder distributions, after investment in the business. President In this role, she was accountable for strategy, investor relations, supply chain, procurement and finance. Unfavorable margin effects were more than offset by higher volumes supported by China demand recovery and finished lubes market position growth as well as seasonally lower expenses. Projects or plans may not reflect investment decisions made by the company. ExxonMobil Asia Pacific Pte Ltd (EMAPPL). All Rights Reserved. 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.. Erich Stephen - Head Of Marketing - ExxonMobil | LinkedIn Vice President He was named executive vice president of ExxonMobil Production Company in 2004, and became president of ExxonMobil Gas & Power Marketing in 2006. Randy has made significant contributions to ExxonMobil throughout his career, and we wish him all the best in his retirement., Randall Ebner retiring after more than 40 years at the company, Sign up to get stories direct to your inbox. James Moretti serves as the Chief Operations Officer of ExxonMobil. This was a decrease of $176 million versus the fourth quarter driven by lower financing costs. Before joining Imaginuity at Calise Partners, she held various senior roles with iProspect, Ansira, Moroch, and Ackerman McQueen. IRVING, Texas - ExxonMobil said today that Matt Furman has been elected vice president of public and government affairs, effective April 1, replacing Suzanne McCarron, who has elected to retire after 24 years of service. 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. Identified items unfavorably impacted earnings by $158 million this quarter, down from $561 million in the previous quarter. A reconciliation to net cash provided by operating activities for the 2022 and 2023 periods is shown on page 8. and monthly updates will provide you with expert analysis, timely updates and comprehensive coverage of Structural cost savings are stewarded internally to support management's oversight of spending over time. 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. The high quality of the directors, officers and employees of Exxon Mobil Corporation is the corporation's greatest strength. He will succeed Randall Ebner, who has announced his retirement effective November 1 having spent more than four decades with the company. This measure is useful when evaluating cash available for financing activities, including shareholder distributions, after investment in the business. Our Client, an outsourced marketing service provider for law firms, is looking for a superstar chief marketing officer who can oversee and manage the company's marketing operation which includes Be the first to add EXXON MOBIL CORP CMO responsibilities. Furman has a law degree from the American University School of Law and holds a bachelors degree from the State University of New York at Binghamton. 2 The emission reduction outcome of this project is subject to the timing and regulatory approval of necessary permits, acquisition of rights of way, changes in regulatory policy, supply chain disruptions, and other market conditions, Dollars in millions (unless otherwise noted), Earnings/(Loss) Excluding Identified Items (non-GAAP), 1 Based on ExxonMobil estimates using historical benchmarking results from Solomon Associates, CASH FLOW FROM OPERATIONS AND ASSET SALES EXCLUDING WORKING CAPITAL, Net income/(loss) including noncontrolling interests, Depreciation and depletion (includes impairments), Changes in operational working capital, excluding cash and debt, Cash Flow from Operating Activities (U.S. GAAP), Proceeds from asset sales and returns of investments, Cash Flow from Operations and Asset Sales (non-GAAP), Cash Flow from Operations and Asset Sales excluding Working Capital (non-GAAP), Additions to property, plant and equipment, Other investing activities including collection of advances, Dollars in billions (unless otherwise noted), From ExxonMobils Consolidated statement of income, Selling, general and administrative expenses, Exploration expenses, including dry holes, Non-service pension and postretirement benefit expense, ExxonMobils share of equity company expenses (non-GAAP), Total adjusted operating costs (non-GAAP), Other adjustments (includes equity company depreciation, Total cash operating expenses (cash opex) (non-GAAP), Total cash operating expenses (cash opex) excluding energy and production taxes (non-GAAP). 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. Mr. Andrew P. Swiger is a Chief Financial Officer & Senior VP at Exxon Mobil Corp. and a Member at Boy Scouts of America. 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. 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. ExxonMobil is the world's largest publicly traded international oil and gas company, providing energy that helps underpin growing economies and improve living standards around the world. To listen to the event or access an archived replay, please visit www.exxonmobil.com. Copyright 2003-2023 Exxon Mobil Corporation. Capital and exploration expenditures were $6.4 billion, on track to meet the company's full year guidance of $23 billion to $25 billion. A reconciliation to net cash provided by operating activities for the 2022 and 2023 periods is shown on page 8. 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. HudsonLake and Hudson Studio have merged and promoted communication professionals Kim Cerda to chief human resources officer and Quinton Crenshaw to chief marketing officer at its Dallas base. Cerda earned her MBA at California State University, Long Beach, and her BBA from Pepperdine University. Robinson, a vocal advocate for racial equity, will work within the communities. ExxonMobil has a long history of leadership in the petroleum and petrochemical industries. First-quarter 2023 earnings were $11.4 billion compared with $12.8 billion in the fourth quarter of 2022. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target. Based in Houston, Peter is responsible for the end-to-end value chain management of ExxonMobils LNG business. As of December 31, 2018, it had approximately 24,696 net operated wells with proved reserves of 24.3 billio How much does a CMO make at companies like EXXON MOBIL CORP in the United States? The total change between periods in expenses above will reflect both structural cost savings and other changes in spend, including market factors, such as inflation and foreign exchange impacts, as well as changes in activity levels and costs associated with new operations. 2 The emission reduction outcome of this project is subject to the timing and regulatory approval of necessary permits, acquisition of rights of way, changes in regulatory policy, supply chain disruptions, and other market conditions, Dollars in millions (unless otherwise noted), Earnings and volume summary by segment: Energy Products, 1 Based on ExxonMobil estimates using historical benchmarking results from Solomon Associates, Cash Flow from Operating Activities (U.S. GAAP), Cash Flow from Operations and Asset Sales (non-GAAP), Cash Flow from Operations and Asset Sales excluding Working Capital (non-GAAP), Dollars in billions (unless otherwise noted), From ExxonMobil's Consolidated statement of income (U.S. GAAP), ExxonMobil's share of equity company expenses (non-GAAP), Total adjusted operating costs (non-GAAP), Total cash operating expenses (cash opex) (non-GAAP), Total cash operating expenses (cash opex) excluding energy and production taxes (non-GAAP). This measure is useful for investors to understand the Corporation's efforts to optimize spending through disciplined expense management. Energy Products earnings totaled $4.2 billion, up $113 million from the fourth quarter. Optimization and Trading, ExxonMobil LNG Asia Pacific (EMLAP). Estimates of cumulative annual structural savings may be revised depending on whether cost reductions realized in prior periods are determined to be sustainable compared to 2019 levels. After four years of bringing best-in-class media planning and buying capabilities for both traditional and digital media under one roof, Nuckols will continue to be the driving force behind the unrivaled department. 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. The company may refer to these opportunities as projects in external disclosures at various stages throughout their progression. Stay informed on the latest trends and developments 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. ExxonMobil will discuss financial and operating results and other matters during a webcast at 7:30 a.m. Central Time on April 28, 2023. Results included unfavorable identified items of approximately $200 million associated with additional European taxes on the energy sector. ExxonMobil elects Matt Furman as vice president, public and government 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. The company believes it is useful for the Corporation and its investors to understand the total tax burden imposed on the Corporations products and earnings. Mikells was previously chief financial officer at Diageo and a member of its board of directors. Morford previously spent 20 years with the United States Department of Justice. These charts show the average base salary (core compensation), as well as the average total cash compensation for CMO in companies like EXXON MOBIL CORP in the United States. 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. Jos Evens The company believes it is useful for the Corporation and its investors to understand the total tax burden imposed on the Corporations products and earnings. Irving Texas 75039. Company Info Exxon Mobil Corp. 5959 Las Colinas Boulevard. Copyright 2003-2023 Exxon Mobil Corporation. Corporate and affiliate officers | ExxonMobil Nuckols received her BBA in marketing from California State University, Chico. When the effect of these events is significant in aggregate, it is indicated in analysis of period results as part of quarterly earnings press release and teleconference materials. President and General Manager 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. In addition, earnings were impacted by the absence of favorable year-end inventory impacts. 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. Andrew Swiger to retire as senior vice president of Exxon Mobil Corporation;Kathryn Mikells elected senior vice president and chief financial officer. July 19 (Reuters) - Exxon Mobil Corp's (XOM.N) new chief financial officer Kathyrn Mikells is the first woman and external hire to join the oil major's management committee, as energy firms. Exxon Mobil Corporation has numerous affiliates, many with names that include ExxonMobil, Exxon, Mobil, Esso, and XTO. Darren Woods serves as the CEO / President of ExxonMobil. The term project as used in this news release can refer to a variety of different activities and does not necessarily have the same meaning as in any government payment transparency reports. Augustine Agency hires Barbara DAmato, who will serve as a board advisor to the agency. Receive independent news, thoughtful journalism & expert insights about leadership, corporate governance & key boardroom issues straight to your inbox every week. 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. Lower liquids and natural gas realizations coupled with the absence of favorable mark-to-market impacts on unsettled derivatives, fewer days in the quarter, and higher scheduled maintenance negatively impacted results sequentially. HR or Marketing? Public Company Information: NYSE: XOM 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. ExxonMobil Announces First-Quarter 2023 Results | Business Wire We are growing value by increasing production from our advantaged assets to meet global demand. These impacts were partially offset by higher volumes, mix improvements driven by advantaged project growth, strong operating execution, and disciplined cost management. James Moretti Chief Operations Officer at ExxonMobil Manager LNG Operations This was a decrease of $176 million versus the fourth quarter driven by lower financing costs. 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. A reconciliation to total taxes is shown in Attachment I-a. Send your companys personnel moves to online managing editor Bianca R. Montes at [emailprotected]. 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). Morford is currently deputy general counsel. 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. , This press release also includes earnings/(loss) excluding identified items (non-GAAP), which are earnings/(loss) excluding individually significant non-operational events with, typically, an absolute corporate total earnings impact of at least $250 million in a given quarter. 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. DAmato comes to Augustine with more than 30 years of commercial and investment banking experience in various industries. Upstream earnings were $6.5 billion, a decrease of $1.7 billion from the fourth quarter. Follow us on Twitter and LinkedIn . Structural cost savings are stewarded internally to support management's oversight of spending over time. Free cash flow is the sum of net cash provided by operating activities and net cash flow used in investing activities. He was named assistant general counsel in 2009, and the board elected him as general counsel and vice president in 2016. A reconciliation of production excluding divestments, entitlements, and government mandates to actual production is contained in the Supplement to this release included as Exhibit 99.2 to the Form 8-K filed the same day as this news release. Hough is Foxtons director of finance and company secretary, and will take over from current CFO Richard Harris in April. Exxon Mobil Corporation today announced first-quarter 2023 earnings of $11.4 billion, or $2.79 per share assuming dilution. All Rights Reserved. First-quarter 2023 earnings were $11.4 billion compared with $12.8 billion in the fourth quarter of 2022. 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). Defines corporate vision and strategy establishes company direction and focus. Executes multiple high impact initiatives to achieve overall corporate goals. The term project as used in this news release can refer to a variety of different activities and does not necessarily have the same meaning as in any government payment transparency reports. The average salary for CMO at companies like EXXON MOBIL CORP in the United States is $461,400 as of March 28, 2023, but the range typically falls between $399,100 and $561,800. , 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. ExxonMobil Qatar. Free cash flow is the sum of net cash provided by operating activities and net cash flow used in investing activities. Show them how. Id like to thank Andy, both personally and on behalf of the board of directors, for his many years of dedicated service, and wish him all the best in his retirement, said Darren Woods, chairman and chief executive officer. ExxonMobil PNG (Papua New Guinea) Limited. He was also with Cypress Equities and GGP (now Brookfield Retail) earlier in his career. In addition, two new exploration discoveries were made this year. The Baton Rouge polypropylene expansion, which started up in December, delivered positive earnings and cash contribution during its first full quarter of operations. Gina Clark is executive vice president and chief communications & administration officer for AmerisourceBergen where she oversees strategic communications, marketing, government affairs, and corporate citizenship. CA. She is a former CFO at Xerox, ADT, Nalco and United Airlines. ExxonMobil uses innovation and technology to deliver energy to a growing world. The ExxonMobil Global LNG business team spans many countries across a number of continents. All website features may not be available based upon your cookie consent elections, Click. This press release also includes total taxes including sales-based taxes. ExxonMobil Marketing Manager Salary The average ExxonMobil Marketing Manager earns an estimated $140,675 annually, which includes an estimated base salary of $111,025 with a $29,650 bonus. Dan Turco References to corporate earnings mean net income attributable to ExxonMobil (U.S. GAAP) from the consolidated income statement.