exxonmobil chief marketing officer

It combines Income taxes and Total other taxes and duties with sales-based taxes, which are reported net in the income statement. Projects or plans may not reflect investment decisions made by the company. Public Company Information: NYSE: XOM ExxonMobil uses innovation and technology to deliver energy to a growing world. In addition, earnings were impacted by the absence of favorable year-end inventory impacts. Compared to the same quarter last year, earnings increased by $298 million, with favorable pricing actions partially offset by unfavorable foreign exchange impacts. Toggle navigation . Morford then joined ExxonMobil in 2019 as deputy general counsel. 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. Fridays. Exxon Mobil Corporation has numerous affiliates, many with names that include ExxonMobil, Exxon, Mobil, Esso, and XTO. The company remains on track to deliver $9 billion of structural cost savings by the end of 2023 relative to 2019, having achieved cumulative structural cost savings of $7.2 billion to date. 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. Before entering the corporate sector, Furman worked in various public sector positions including as Director of Communications for the Federal Emergency Management Agency and the New York City Mayors Office of Emergency Management. IL. 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. Dave Brownell Senior Vice President Global Operations increased marketing and . Identified Items Per Common Share1 (non-GAAP), Earnings/(Loss) Excl. Nuckols received her BBA in marketing from California State University, Chico. 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. Join to view profile ExxonMobil. Previous to her time with ExxonMobil, she served in various public affairs positions in the pharmaceutical and chemical industries. 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. Previously, Furman was the vice president of corporate affairs at Mars Chocolate and held senior communications positions at Google and CNN. In addition, two new exploration discoveries were made this year. Mark Batis, Texas agency manager at ANTIC, recognizes Simmons wealth of experience as she has worked at all levels of the title industry, from local independent agencies to large national and international underwriters.. The prior-year period was negatively impacted by an identified item associated with the Sakhalin-1 expropriation. The company announced as of year-end 2022, it had reduced greenhouse gas emissions intensity of its operated assets by more than 10% and methane intensity by more than 50% relative to a 2016 baseline. 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 average salary for CMO at companies like EXXON MOBIL CORP in the United States is $451,400 as of August 29, 2022, but the salary range typically falls between $390,500 and $549,700. They're typically responsible for managing the marketing professionals within an organization, and they report to the company's chief executive officer (CEO). Cash flow from operations totaled $16.3 billion, and free cash flow was $11.4 billion for the quarter. Free cash flow is the sum of net cash provided by operating activities and net cash flow used in investing activities. In his role, Carriero will be responsible for overseeing a portfolio of project leasing assignments and procuring new landlord and tenant clients. 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. in the fast-moving world of corporate governance by signing up for our popular newsletters. 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. 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. 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 references free cash flow (non-GAAP). She previously served as the first Black woman to head community relations of the Dallas Police Department. Company Info Exxon Mobil Corp. 5959 Las Colinas Boulevard. He will succeed Randall Ebner, who has announced his retirement effective November 1 having spent more than four decades with the company. Swiger was elected senior vice president and a member of the management committee in 2009 and became principal financial officer in 2013. Similarly, ExxonMobil has business relationships with thousands of customers, suppliers, governments, and others. Andrew Elliot Corporate and Financing reported net charges of $355 million. Peter Larden Before that, a partner at Tricom/MGHerring. Based in Houston, Peter is responsible for the end-to-end value chain management of ExxonMobils LNG business. Plus: FC Dallas in the playoffs and Dak Prescott's long-awaited return. 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. CONDENSED CONSOLIDATED STATEMENT OF INCOME, Net income/(loss) attributable to noncontrolling interests, Net income/(loss) attributable to ExxonMobil, Earnings per common share - assuming dilution (U.S. dollars), ExxonMobil share of income taxes of equity companies, Investments, advances and long-term receivables, Other assets, including intangibles net, 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), CONDENSED CONSOLIDATED STATEMENT OF CASH FLOWS, Net cash provided by operating activities, Additions/(Reductions) in debt with three months or less maturity, Cash dividends to ExxonMobil shareholders, Cash dividends to noncontrolling interests, Net cash provided by (used in) financing activities, Increase/(Decrease) in cash and cash equivalents, Cash and cash equivalents at beginning of period, Cash and cash equivalents at end of period, Earnings/(Loss) Per Common Share (U.S. GAAP), Total Identified Items Per Common Share , Earnings/(Loss) Excl. 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. First-quarter 2023 earnings were $11.4 billion compared with $12.8 billion in the fourth quarter of 2022. Earnings excluding identified items decreased from $8.8 billion to $6.6 billion. I thank Suzanne for her many contributions to the companys success during her career and wish her all the best in retirement.. 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). Brings new meaning to the phrase Sunday Funday. 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. He was named executive vice president of ExxonMobil Production Company in 2004, and became president of ExxonMobil Gas & Power Marketing in 2006. Senior Vice President 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. Vice President Irving Texas 75039. 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'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 Qatar. A reconciliation to earnings is shown for 2023 and 2022 periods in Attachments II-a and II-b. 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. 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. Excluding the identified item associated with the Sakhalin-1 expropriation, net charges decreased $241 million. Furman joined the company as it began its turnaround, widely viewed as one of the most successful in U.S. retail history. During his more than 20 years with the DoJ, Morford had assignments as US attorney in Michigan and Tennessee and as first assistant US attorney in Ohio. Our weekly 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. 4 . View the Cost of Living in Major Cities, Browse other Companies in the MFG Nondurable Industry, The CMO develops an end-to-end marketing function that delivers messaging, branding, digital presence, product support, demand generation, content, research, and thought leadership. The board of directors has elected its current Deputy. 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. He is on the Board of Directors at Colorado School of Mines Foundation, U . Based in Singapore, Dan is responsible for EMLAPs short-term trading and optimizations activities. This press release includes cash flow from operations and asset sales (non-GAAP). 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. It is the CMO's role to identify our target market within each channel and create aspirational brand awareness, conversions and reducing costs for each customer acquisition. Mikells joins ExxonMobil from Diageo plc, where she held the position of chief financial officer since 2015 and was a member of the board of directors. 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. To listen to the event or access an archived replay, please visit www.exxonmobil.com. Follow us on Twitter and LinkedIn . His focus will be servicing DuWests existing landlord clients and selectively representing retailers and medical users while reinforcing DuWests presence as a dynamic results-oriented project brokerage firm. She oversaw human resources strategy and operations, talent acquisition, organizational development, and employee reward programs. Top ExxonMobil Employees Trevor Nysetvold President, ExxonMobil Investment Management Inc., and In-House Investment Manager. Morford is currently deputy general counsel. Morford previously spent 20 years with the United States Department of Justice. Identified items unfavorably impacted earnings by $158 million this quarter, down from $561 million in the previous quarter. Based in Port Moresby, Peter is responsible for ExxonMobil operations in-country, including the Papua New Guinea LNG project. CA. Copyright 2023, D Magazine Partners, Inc. We use cookies to ensure that we give you the best experience on our website. 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. (Copyright 2023 Salary.com). A reconciliation to total taxes is shown in Attachment I-a. Individual opportunities may advance based on a number of factors, including availability of supportive policy, technology for cost-effective abatement, and alignment with our partners and other stakeholders. 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. Statements related to outlooks; projections; descriptions of strategic, operating, and financial plans and objectives; statements of future ambitions and plans; and other statements of future events or conditions in this release, are forward-looking statements. Sales or Revenue 400.44 B. 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. Individual opportunities may advance based on a number of factors, including availability of supportive policy, technology for cost-effective abatement, and alignment with our partners and other stakeholders. NJ. Mikells was previously chief financial officer at Diageo and a member of its board of directors. HR or Marketing? 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. In addition to having more than 25 years of sales management experience in the automotive and real estate industry, Brian brings a depth of experience in EV adoption to help Fermata Energy expand its system and help combat climate change, increase energy resilience and reduce energy costs, said David Slutzky, president and CEO of Fermata Energy. 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. 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. chairman and chief executive officer. In addition, you will be accountable for ZipRecruiter ATS Jobs for ZipSearch/ZipAlerts - 3 days ago, Summer Classics Inc - Pelham Randall Ebner has announced his retirement from serving as vice president and general counsel for Exxon Mobil Corp., effective Nov. 1. Chief Marketing Officer Lead Planner @ ExxonMobil; Project Superintendent and Advisor @ ExxonMobil; Senior Field Engineer @ CH2M HILL; . 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. He also served as Special Counsel and Spokesman for the National Transportation Safety Board. Identified Items Per Common Share (non-GAAP), Earnings/(Loss) Excl. We thank Randy for more than 40 years of service to the company, most recently as our general counsel, ExxonMobil CEO and chair Darren Woods says in a statement. Compared to the same quarter last year, earnings increased $2 billion. A reconciliation to net cash provided by operating activities for the 2022 and 2023 periods is shown on page 8. 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. 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). Map. Personnel Moves: ExxonMobil VP and General Counsel To Retire. Rea earned her bachelors degree in family and human services at John Brown University. , 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. Randall Ebner has announced his retirement from serving as vice president and general counsel for Exxon Mobil Corp., effective Nov. 1. 000 0000: 000000 00000: Exxon Mobil: Chief Executive Officer & Chairman: 000 0000: 0000000 0000: Exxon Mobil: Board Member: 000 . Request for Proposal (RFP) Chief Marketing Officer for the Los Angeles Jazz Festival Overview: The Los Angeles Jazz Festival is seeking a Chief Marketing Officer (or firm) to develop and implement a ExecuSource - Burbank He held a series of upstream and corporate assignments before moving to the downstream in 1996 as general manager of the Jurong refinery and petrochemical plant in Singapore. Sector Major Oil & Gas. These impacts were partially offset by higher volumes, mix improvements driven by advantaged project growth, strong operating execution, and disciplined cost management. Results also benefited from the absence of year-end inventory effects and lower corporate and financing costs. 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. The Baton Rouge polypropylene expansion, which started up in December, delivered positive earnings and cash contribution during its first full quarter of operations. Energy Products earnings totaled $4.2 billion, up $113 million 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. This press release also includes total taxes including sales-based taxes. In 1998 he became co-ordinator of the firms upstream litigation work in Houston and undertook what the company calls several special assignments before becoming chief attorney of ExxonMobil Chemical Company in 2000 and chief attorney of ExxonMobil Gas & Power Marketing Company in 2003. 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. Energy giant ExxonMobil has appointed Kathryn Mikells as chief financial officer. Register to receive free article views, selected resource downloads, and all the latest news alerts straight to your inbox. ExxonMobil PNG (Papua New Guinea) Limited. Swiger joined Mobil in 1978 as an operations engineer in Morgan City, Louisiana, after receiving a petroleum engineering degree from the Colorado School of Mines. 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. 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. Anti-woke activism: A turning point for ESG? , InterDigital, Inc. WILMINGTON, Del., April 24, 2023 (GLOBE NEWSWIRE) -- InterDigital, Inc. (Nasdaq: IDCC), a mobile and video technology research and development company, today announced that Skip . 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? 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. Before joining Imaginuity at Calise Partners, she held various senior roles with iProspect, Ansira, Moroch, and Ackerman McQueen. Ebner joined the Exxon Companys US law department in May 1980 in New Orleans, where he worked as an attorney in the litigation group. Risk Factors of ExxonMobils 2022 Form 10-K. During her time at United Airlines, she was also vice president of investor relations and treasurer. 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. James Moretti Chief Operations Officer James Moretti serves as the Chief Operations Officer of ExxonMobil. . 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. Darren Woods serves as the CEO / President of ExxonMobil. As the agency looks to grow beyond Texas, she will specialize her efforts in technology. Dont just tell staff to behave ethically. ExxonMobil's key executives include Darren W. Woods and 13 others. 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). 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. A reconciliation to net cash provided by operating activities for the 2022 and 2023 periods is shown on page 8. How much does a CMO make at companies like EXXON MOBIL CORP in the United States? Her leadership roles include positions at multi-billion-dollar multinational banks such as BNP Paribas US and Global Banking, Comerica Bank, and Bank of Americas Global Capital Markets. For convenience and simplicity, those terms and terms such as Corporation, company, our, we, and its are sometimes used as abbreviated references to specific affiliates or affiliate groups. A reconciliation to net cash provided by operating activities for the 2022 and 2023 periods is shown on page 8. Compared to the same quarter last year, net charges declined $339 million due to lower financing costs. We explore for, produce and sell crude oil, natural gas and petroleum products. Houston Area Parkinsons Society (HAPS) Jan 2010 - Present13 years 4 months. 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.

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