ExxonMobil Announces Key Leadership Changes
Slice of Energy Team
12/05/2024
Key Highlights:
- Liam M. Mallon, President of ExxonMobil Upstream, to retire effective February 1, 2025.
- Dan L. Ammann appointed President of ExxonMobil Upstream Company and will continue as Vice President, Exxon Mobil Corporation.
- Barry L. Engle named President of Low Carbon Solutions (LCS) effective January 1, 2025.
- Leadership appointments reflect ExxonMobil’s strategy of leveraging diverse executive expertise.
Source: Business Wire
Quotes
“ “We thank Liam for his long-standing, dedicated service to the company, and we wish him all the best in his well-deserved retirement. These appointments continue the company’s approach of leveraging the diverse skills and experiences of a very accomplished executive team to bring fresh perspectives and approaches to each of our exceptionally talented organizations.” ”
Darren Woods, Chairman and CEO at ExxonMobil
Our Take:
ExxonMobil’s leadership changes mark a strategic move to enhance innovation and operational effectiveness. By appointing seasoned leaders like Dan Ammann and Barry Engle, the company underscores its commitment to growth in both traditional and low-carbon energy sectors. Ammann’s proven expertise in emissions-reduction solutions aligns with ExxonMobil’s focus on net-zero goals, while Engle’s automotive industry experience positions the company for synergy in advancing sustainable energy solutions. These appointments reflect ExxonMobil’s forward-looking leadership philosophy, emphasizing adaptability and diverse perspectives to drive industry transformation.
