exxonmobil chief marketing officer
Exxon Mobil Corporation has numerous affiliates, many with names that include ExxonMobil, Exxon, Mobil, Esso, and XTO. The main drivers were lower prices, with crude and natural gas realizations down 10% and 23%, respectively, and unfavorable unsettled derivatives mark-to-market effects of $2.0 billion, largely reflecting the absence of a positive mark-to-market impact in the prior quarter. In addition, historical, current, and forward-looking environmental, social and sustainability-related statements may be based on standards for measuring progress that are still developing, internal controls and processes that continue to evolve, and assumptions that are subject to change in the future, including future rule-making. Results also benefited from the absence of year-end inventory effects and lower corporate and financing costs. , Anti-woke activism: A turning point for ESG? 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. Morford was chief legal and compliance officer for Cardinal Health between 2008 and 2019. . He is on the Board of Directors at Colorado School of Mines Foundation, U . 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. 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. He was named assistant general counsel in 2009, and the board elected him as general counsel and vice president in 2016. These impacts were partially offset by robust cost control and seasonally lower expenses, the absence of year-end inventory effects, and favorable volume/mix effects from advantaged growth in the Permian, Guyana, and LNG. The Baton Rouge polypropylene expansion, which started up in December, delivered positive earnings and cash contribution during its first full quarter of operations. 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. How much does a CMO make at companies like EXXON MOBIL CORP in the United States? 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. Based in Houston, Peter is responsible for the end-to-end value chain management of ExxonMobils LNG business. 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. Mr. Andrew P. Swiger is a Chief Financial Officer & Senior VP at Exxon Mobil Corp. and a Member at Boy Scouts of America. This press release includes cash flow from operations and asset sales (non-GAAP). The main drivers were lower prices, with crude and natural gas realizations down 10% and 23%, respectively, and unfavorable unsettled derivatives mark-to-market effects of $2.0 billion, largely reflecting the absence of a positive mark-to-market impact in the prior quarter. Peter Clarke Based in Singapore, Andrew oversees marketing activities for EMLAPs global equity LNG portfolio. As the CMO, you will be responsible for leading our marketing team, driving growth, and ensuring our marketing strategies align with company objectives. Excluding identified items, earnings declined $1.1 billion year over year, driven by a 23% decrease in crude realizations, partly offset by higher production volumes. Dallas, Texas 75201. regulatory updates, governance trends and best practices, careers and much more. IL. It operates through Upstream, Downstream, and Chemical segments. 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. In 2007, he was appointed as acting deputy attorney general by former President George W. Bush. To ensure the most secure and best overall experience on our website we recommend the latest versions of, Internet Explorer is no longer supported. 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. Carriero was previously a VP of leasing with JLL in its third-party national mall and open-air platform. Based in Doha, Dominic is responsible for all of ExxonMobils Qatar joint venture businesses. 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 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. Morford joined Irving, Texas-based ExxonMobil last year as deputy general counsel having previously worked at the US Department of Justice (DoJ) and in private industry. Energy Products earnings totaled $4.2 billion, up $113 million from the fourth quarter. Follow us on Twitter and LinkedIn . This press release also includes total taxes including sales-based taxes. James Moretti Chief Operations Officer at ExxonMobil Energy giant ExxonMobil has appointed Kathryn Mikells as chief financial officer. This was a decrease of $176 million versus the fourth quarter driven by lower financing costs. 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. Gina Clark - AmerisourceBergen Earnings excluding identified items decreased from $8.8 billion to $6.6 billion. She will take up her new role next month, when current CFO Andrew Swiger steps down after 43 years at the company. Witts has previously served as CFO of Compass Group and Kingfisher Group, and held a number of senior roles at Vodafone and BT. 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. Compared to the same quarter last year, net charges declined $339 million due to lower financing costs. 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. Upstream earnings were $6.5 billion, a decrease of $1.7 billion from the fourth quarter. Exxon Mobil Corporation has numerous affiliates, many with names that include ExxonMobil, Exxon, Mobil, Esso, and XTO. Going forward, Rea intends to continue to grow OneDays culture, guide their diversity, equity, and inclusion efforts, create a learning and development program, and start a program to give back to the Dallas community. To contact anyone on our team, please use our contact us form and check the appropriate filter for your requirements. In addition, historical, current, and forward-looking environmental, social and sustainability-related statements may be based on standards for measuring progress that are still developing, internal controls and processes that continue to evolve, and assumptions that are subject to change in the future, including future rule-making. Sales or Revenue 400.44 B. ExxonMobil elects Matt Furman as vice president, public and government Map. ExxonMobil and Linde, one of the world's leading global industrial gases and engineering companies, have entered into a long-term commercial agreement in which ExxonMobil, subject to government permitting, will capture, transport, and permanently store up to 2.2 million metric tons of carbon dioxide (CO2) each year from Linde's new clean hydrogen production facility in Beaumont, Texas, with operations starting as soon as 2025. Compared to the same quarter last year, net charges declined $339 million due to lower financing costs. Public Company Information: NYSE: XOM ExxonMobil announces first quarter 2023 results Stay informed on the latest trends and developments Mikells was previously chief financial officer at Diageo and a member of its board of directors. Active volunteer for many years, served on the board for 3 years and now on my second year as President of the . CA. Enjoy unlimited access to all of our incredible journalism, in print and digital. We are growing value by increasing production from our advantaged assets to meet global demand. 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). Morford is currently deputy general counsel. The ExxonMobil Global LNG business team spans many countries across a number of continents. In addition, CMO identifies potential markets, customer segments, and products to explore. Energy giant ExxonMobil has appointed Kathryn Mikells as chief financial officer. Within the downstream, Ms. Evers held various assignments, including sales, logistics . This measure is useful when evaluating cash available for financing activities, including shareholder distributions, after investment in the business. ExxonMobil picks successor to general counsel - Corporate Secretary 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. Salary ranges can vary widely depending on many important factors, including education, certifications, additional skills, the number of years you have spent in your profession. Responsible for the development of functional or business unit strategy for the entire organization. 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. Report this profile . Houston Area Parkinsons Society (HAPS) Jan 2010 - Present13 years 4 months. Exxon Mobil Corporation explores for and produces crude oil and natural gas in the United States, Canada/Other Americas, Europe, Africa, Asia, and Australia/Oceania. 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). ExxonMobil's Marketing Manager compensation is $53,026 more than the US average for a Marketing Manager. Company Info Exxon Mobil Corp. 5959 Las Colinas Boulevard. 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. Exxon Mobil Corporation today announced first-quarter 2023 earnings of $11.4 billion, or $2.79 per share assuming dilution. Plus DuWest Realty brings on leasing veteran as vice president of retail brokerage, Agents National Title hires operations manager, and more. In his role, Carriero will be responsible for overseeing a portfolio of project leasing assignments and procuring new landlord and tenant clients. Crenshaw received a bachelors degree in communications from Southern Methodist University and continued his education at the University of North Texas. 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. 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. Ebner joined the Exxon Companys US law department in May 1980 in New Orleans, where he worked as an attorney in the litigation group. Earnings excluding identified items decreased from $8.8 billion to $6.6 billion. A chief marketing officer (CMO) is a senior executive within an organization who's responsible for overseeing the company's promotional efforts and advertising activities. Our people's hard work to execute on our strategic priorities delivered a record first quarter following a record year, said Darren Woods, chairman and chief executive officer. Based in Singapore, Dan is responsible for EMLAPs short-term trading and optimizations activities. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target. Dallas Habitat CEO, Dave Crawford emphasizes her immense policy experience working with the Dallas Police Department and her active commitment to creating a more diverse and equitable Dallas through her work with Dallas Truth, Racial Healing, and Transformation, as reasons she is right for this role. Register to receive free article views, selected resource downloads, and all the latest news alerts straight to your inbox. Previously, he served as vice president of strategic communications and external affairs of T.G.I. 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. Augustine Agency hires Barbara DAmato, who will serve as a board advisor to the agency. 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. To listen to the event or access an archived replay, please visit www.exxonmobil.com. The term resource base or similar terms are not intended to correspond to SEC definitions such as probable or possible reserves. Peter Larden In addition, earnings were impacted by the absence of favorable year-end inventory impacts. 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 former director of marketing at Starbucks and Microsoft, Jessica Shapirojoins LiveRamp as chief marketing officer, as the leading data enablement platform looks to generate more than a half-billion dollars in revenue this fiscal year. The board of directors has elected its current Deputy General Counsel Craig Morford to replace Ebner in both roles. 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. 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. These impacts were partially offset by higher volumes, mix improvements driven by advantaged project growth, strong operating execution, and disciplined cost management. A reconciliation to net cash provided by operating activities for the 2022 and 2023 periods is shown on page 8. This press release includes cash flow from operations and asset sales (non-GAAP). Manager LNG Operations Net production in the first quarter was 3.8 million oil-equivalent barrels per day, an increase of nearly 160,000 oil-equivalent barrels per day compared to the same quarter last year. 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. Similarly, ExxonMobil has business relationships with thousands of customers, suppliers, governments, and others. A reconciliation to net cash provided by operating activities for the 2022 and 2023 periods is shown on page 8. This press release also includes cash flow from operations and asset sales excluding working capital (non-GAAP). Specialty Products earnings were $774 million, up $14 million from the fourth quarter. Global LNG Leadership Team | ExxonMobil LNG (Chief Content Officer, Chief Marketing Officer, Chief Digital Officer) the COO will communicate, implement, and support the strategies . In May 2016, Ms. Clark was named the president of the AmerisourceBergen Foundation, the company's charitable 501 (c)3. Sector Major Oil & Gas. What does a CMO do at companies like EXXON MOBIL CORP? Optimization and Trading, ExxonMobil LNG Asia Pacific (EMLAP). Copyright 2023, D Magazine Partners, Inc. We use cookies to ensure that we give you the best experience on our website. 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. This is the fifth offshore project and is expected to provide an additional 250,000 oil-equivalent barrels per day of gross capacity with start-up targeted for 2026. DAmato comes to Augustine with more than 30 years of commercial and investment banking experience in various industries. Senior Vice President Compared to the same quarter last year, earnings increased $4.4 billion due to stronger industry refining margins, increased marketing and trading contributions, and favorable volume/mix impacts, partly offset by increased scheduled maintenance. 24 followers 8 connections. Defines corporate vision and strategy establishes company direction and focus. Dont just tell staff to behave ethically. Kurtis Doscher email address & phone number | Exxonmobil Chief 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. Specialty Products earnings were $774 million, up $14 million from the fourth quarter. Corporate and Financing reported net charges of $355 million. The company believes it is useful for investors to consider these numbers in comparing the underlying performance of the company's business across periods when there are significant period-to-period differences in the amount of changes in working capital. chairman and chief executive officer. Erich Stephen - Head Of Marketing - ExxonMobil | LinkedIn Net production in the first quarter was 3.8 million oil-equivalent barrels per day, an increase of nearly 160,000 oil-equivalent barrels per day compared to the same quarter last year. She is a former CFO at Xerox, ADT, Nalco and United Airlines. DAmato received her post-graduate executive education from Harvard Business School and a bachelors degree from California State Polytechnic University, Pomona. Before joining Fermata Energy, Zelis served as Electric Vehicle Business Development Manager for Nissan North America, who worked closely with Fermata Energy. 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. Excluding divestments, entitlements and the Sakhalin-1 expropriation, net production increased nearly 300,000 oil-equivalent barrels per day driven by advantaged projects in Guyana and the Permian. Risk Factors of ExxonMobils 2022 Form 10-K. ExxonMobil uses innovation and technology to deliver energy to a growing world. The company may refer to these opportunities as projects in external disclosures at various stages throughout their progression. Personnel Moves: ExxonMobil VP and General Counsel To Retire Send your companys personnel moves to online managing editor Bianca R. Montes at [emailprotected]. McCarron, who has been vice president since 2016, joined Mobil in 1998 as a manager in public affairs in Canada. Executive moves: Amazon, PayPal, Neiman Marcus, ExxonMobil Dollars in millions (except per share data), Earnings Excluding Identified Items Per Common Share1 (non-GAAP). Pamela Kearney Skaufel - Vice President Global Procurement - ExxonMobil Because of the regular nature of our asset management and divestment program, the company believes it is useful for investors to consider proceeds associated with the sales of subsidiaries, property, plant and equipment, and sales and returns of investments together with cash provided by operating activities when evaluating cash available for investment in the business and financing activities. He was named chief attorney of ExxonMobil Chemical Company in 2000 and chief attorney of ExxonMobil Gas & Power Marketing Company in 2003. Previously she was chief financial officer at Xerox, ADT, Nalco and United Airlines. Kathryn Mikells joins ExxonMobil as chief financial officer - Board Agenda KEY FIGURES: MANUFACTURING THROUGHPUT AND SALES, Refinery throughput, thousand barrels per day (kbd), Energy Products sales, thousand barrels per day (kbd), Chemical Products sales, thousand metric tons (kt), Specialty Products sales, thousand metric tons (kt), KEY FIGURES: CAPITAL AND EXPLORATION EXPENDITURES, KEY FIGURES: YEAR-TO-DATE EARNINGS/(LOSS), 1 Computed using the average number of shares outstanding during each period; assuming dilution, ExxonMobil Announces First-Quarter 2023 Results, Internet Explorer presents a security risk. First-quarter 2023 earnings were $11.4 billion compared with $12.8 billion in the fourth quarter of 2022.
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exxonmobil chief marketing officer