Paul, a former CFO at Amazon Studios and streaming platform Hulu, will take over from Brian Roberts on 3 January. First-quarter 2023 earnings were $11.4 billion compared with $12.8 billion in the fourth quarter of 2022. 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. , Peter Larden Houston, Texas, United States ExxonMobil 31 years Corporate Inclusion & Diversity Sep 2020 - Jul 20221 year 11 months Global Organizational Effectiveness Consultant, Downstream / Chemicals /. 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. Based in Singapore, Philip provides oversight to ExxonMobil LNG logistics and shipping operations. This was a decrease of $176 million versus the fourth quarter driven by lower financing costs. Robinson graduated from Dallas Baptist University with a bachelors degree in sociology and communication and a masters degree in communications. To learn more, visit exxonmobil.com and the Energy Factor. 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. Compared to the same quarter last year, net charges declined $339 million due to lower financing costs. ExxonMobil LNG Asia Pacific (EMLAP). During her time at United Airlines, she was also vice president of investor relations and treasurer. Register to receive free article views, selected resource downloads, and all the latest news alerts straight to your inbox. Earnings excluding identified items decreased from $8.8 billion to $6.6 billion. 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. Receive independent news, thoughtful journalism & expert insights about leadership, corporate governance & key boardroom issues straight to your inbox every week. 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. This measure is useful for investors to understand the Corporation's efforts to optimize spending through disciplined expense management. James Moretti and the ExxonMobil executive team are rated a C by 126 employees. 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. Improved finished lubes margins partially offset lower industry basestock prices. 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. Projects or plans may not reflect investment decisions made by the company. Capital and exploration expenditures were $6.4 billion, on track to meet the company's full year guidance of $23 billion to $25 billion. Compensation data tools, salary structures, surveys and benchmarks. NJ. 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.. Dominic Genetti With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target. 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. The incumbent will help Burns Matthews & Partners - Los Angeles 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 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. Copyright 2003-2017 Exxon Mobil Corporation. He is on the Board of Directors at Colorado School of Mines Foundation, U . CA. ExxonMobil Qatar. Peter Larden Managing Director ExxonMobil PNG (Papua New Guinea) Limited A reconciliation to net cash provided by operating activities for the 2022 and 2023 periods is shown on page 8. The term resource base or similar terms are not intended to correspond to SEC definitions such as probable or possible reserves. Andrew Elliot Compared to the same quarter last year, earnings increased $2 billion. 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. 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. Previously, Furman was the vice president of corporate affairs at Mars Chocolate and held senior communications positions at Google and CNN. 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. Mikells was previously chief financial officer at Diageo and a member of its board of directors. Andrew Barry Our weekly The prior-year period was negatively impacted by an identified item associated with the Sakhalin-1 expropriation. 1 Natural gas is converted to an oil-equivalent basis at six million cubic feet per one thousand barrels. Free cash flow is not meant to be viewed in isolation or as a substitute for net cash provided by operating activities. Similarly, ExxonMobil has business relationships with thousands of customers, suppliers, governments, and others. President She will take up her new role next month, when current CFO Andrew Swiger steps down after 43 years at the . He will succeed Randall Ebner, who has announced his retirement effective November 1 having spent more than four decades with the company. 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. 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. 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) She will take up her new role next month, when current CFO Andrew Swiger steps down after 43 years at the company. 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). 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 his role, Carriero will be responsible for overseeing a portfolio of project leasing assignments and procuring new landlord and tenant clients. To listen to the event or access an archived replay, please visit www.exxonmobil.com. Suite 2100 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. Rea earned her bachelors degree in family and human services at John Brown University. 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. 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. Within the downstream, Ms. Evers held various assignments, including sales, logistics . Ebner joined Exxon Company, USA Law Department in May 1980 in New Orleans, and later became coordinator of Upstream litigation in Houston in 1998. ExxonMobil Corporations board has picked Craig Morford as the companys next vice president and general counsel. All Rights Reserved. HR Full Circle Consulting LLC - East Peoria Excluding the identified item associated with the Sakhalin-1 expropriation, net charges decreased $241 million. President and General Manager , Fermata Energy brings Brian Zelis in as its national sales director and will lead its efforts to integrate V2X technology and software to utilities, universities, municipalities, and fleet owners throughout North America. 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. He was also with Cypress Equities and GGP (now Brookfield Retail) earlier in his career. A reconciliation to net cash provided by operating activities for the 2022 and 2023 periods is shown on page 8. To help you find the right contact for your request, take a look at our people profiles below. and monthly updates will provide you with expert analysis, timely updates and comprehensive coverage of Executes multiple high impact initiatives to achieve overall corporate goals. 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. 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. ISMG offers news, views, research, education ZipRecruiter ATS Jobs for ZipSearch/ZipAlerts - 16 days ago, LA Jazz Festival - Los Angeles 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. Quinntine Dunford Director Of Operations Quinntine Dunford serves as the Director Of Operations of ExxonMobil. Stay up to speed on DFWs fast-moving business community with weekly news reports, interviews, and insights. Exxon Mobil Corporation today announced first-quarter 2023 earnings of $11.4 billion, or $2.79 per share assuming dilution. Darren Woods, ExxonMobils chair and CEO, said: We welcome Kathy to ExxonMobil and look forward to the perspective and experience she brings as we work together to deliver on our strategies and increase shareholder value.. Being a CMO builds and develops the teams and technology required to collect, test, measure, and analyze marketing metrics necessary to identify trends in the marketplace, program effectiveness, and consumer behavior. In this article Darren W. Woods Neil A. Chapman Kathryn A. Mikells Jack P. Williams Darren W. Woods 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. In May 2016, Ms. Clark was named the president of the AmerisourceBergen Foundation, the company's charitable 501 (c)3. Dollars in millions (except per share data), Earnings Excluding Identified Items Per Common Share1 (non-GAAP). Sales or Revenue 400.44 B. 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.. AL. Randall Ebner has announced his retirement from serving as vice president and general counsel for Exxon Mobil Corp., effective Nov. 1. 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. 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 Executive Bio. The ExxonMobil Global LNG business team spans many countries across a number of continents.
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exxonmobil chief marketing officer 2023