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- ExxonMobil Announces Retirement of Craig Morford; Jeff Taylor Named Successor
ExxonMobil Announces Retirement of Craig Morford; Jeff Taylor Named Successor
Slice of Energy Team
June 17, 2024
Key Highlights:
Craig Morford to retire on July 1, 2024
Jeff Taylor elected as new VP, General Counsel, and Secretary
Darren Woods praises Morford’s contributions
Taylor brings extensive legal and corporate governance experience
Source (Business Wire)
Notable Quote:
"Craig has been a valued member of our Corporate Leadership Team during his time as General Counsel providing his strong legal experience and counsel to advance our strategic priorities. He leaves our company well-positioned for the future, and we thank him for his contributions to ExxonMobil. We also welcome Jeff to ExxonMobil. He brings the right blend of corporate governance and legal expertise, and I look forward to working with him."
Our Take:
The retirement of Craig Morford marks a significant transition for ExxonMobil, reflecting the company's strong commitment to leadership continuity and corporate governance. Morford’s extensive experience and strategic guidance have played a crucial role in positioning ExxonMobil for future success. The appointment of Jeff Taylor, with his vast experience in legal affairs and corporate governance, suggests a continued focus on maintaining robust compliance and governance structures. Taylor’s background in both the private sector and federal government brings a wealth of knowledge and expertise, likely to drive ExxonMobil's strategic initiatives forward. This leadership change underscores ExxonMobil’s dedication to excellence and forward-thinking in its operations and governance.