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. 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. The term project as used in this news release can refer to a variety of different activities and does not necessarily have the same meaning as in any government payment transparency reports. ExxonMobil is the world's largest publicly traded international oil and gas company, providing energy that helps underpin growing economies and improve living standards around the world. 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 . In addition, earnings were impacted by the absence of favorable year-end inventory impacts. ExxonMobil Marketing Manager Salary The average ExxonMobil Marketing Manager earns an estimated $140,675 annually, which includes an estimated base salary of $111,025 with a $29,650 bonus. Similarly, ExxonMobil has business relationships with thousands of customers, suppliers, governments, and others. 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. 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. 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. Edmund L.C. Partners with line of business leaders to ensure marketing programs and advertising expenditures support company revenue and growth objectives. 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. This press release also references structural cost savings. 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. Identified items unfavorably impacted earnings by $158 million this quarter, down from $561 million in the previous quarter. and monthly updates will provide you with expert analysis, timely updates and comprehensive coverage of Active volunteer for many years, served on the board for 3 years and now on my second year as President of the . This press release includes cash flow from operations and asset sales (non-GAAP). ExxonMobil will discuss financial and operating results and other matters during a webcast at 7:30 a.m. Central Time on April 28, 2023. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target. Zelis received a masters degree in communications management from Northwestern University. The board of directors has elected its current Deputy. 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. 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). Irving Texas 75039. What does a CMO do at companies like EXXON MOBIL CORP? A reconciliation to net cash provided by operating activities for the 2022 and 2023 periods is shown on page 8. Receive independent news, thoughtful journalism & expert insights about leadership, corporate governance & key boardroom issues straight to your inbox every week. If you continue to use this site we will assume that you are happy with it. A reconciliation to net cash provided by operating activities for the 2022 and 2023 periods is shown on page 8. Robinson, a vocal advocate for racial equity, will work within the communities. 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. 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. Projects or plans may not reflect investment decisions made by the company. We are growing value by increasing production from our advantaged assets to meet global demand. IL. Andrew Elliot Carriero was previously a VP of leasing with JLL in its third-party national mall and open-air platform. Capital and exploration expenditures were $6.4 billion, on track to meet the company's full year guidance of $23 billion to $25 billion. 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. July 19 (Reuters) - Exxon Mobil Corp's (XOM.N) new chief financial officer Kathyrn Mikells is the first woman and external hire to join the oil major's management committee, as energy firms. 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. 1 Scope 1 and 2 greenhouse gas emission estimates from ExxonMobil's operated assets (2022, compared to 2016 levels); the company is working to continuously improve its performance and methods to detect, measure and address greenhouse gas emissions. Plus DuWest Realty brings on leasing veteran as vice president of retail brokerage, Agents National Title hires operations manager, and more. Ebner joined the Exxon Companys US law department in May 1980 in New Orleans, where he worked as an attorney in the litigation group. 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. Randall Ebner has announced his retirement from serving as vice president and general counsel for Exxon Mobil Corp., effective Nov. 1. Executes multiple high impact initiatives to achieve overall corporate goals. 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. No spam, ever. General Manager, Mozambique, and Chairman, Rovuma LNG, S.A. Based in Maputo, Jos is responsible for ExxonMobils business in Mozambique including the Rovuma LNG development. At Best Buy, he oversaw internal and external communications, government affairs, corporate responsibility and sustainability, as well as the companys corporate and foundation giving. President Excluding the identified item associated with the Sakhalin-1 expropriation, net charges decreased $241 million. 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. 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. A reconciliation to net cash provided by operating activities for the 2022 and 2023 periods is shown on page 8. 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. Andrew Barry Public Company Information: NYSE: XOM Quinntine Dunford Director Of Operations Quinntine Dunford serves as the Director Of Operations of ExxonMobil. Peter Larden Managing Director ExxonMobil PNG (Papua New Guinea) Limited ExxonMobil Qatar. 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. DuWest Realty, a Dallas-based retail brokerage firm with over 5 million square feet and 180 properties under their watch, has hired veteran leasing expert Giancarlo GC Carriero as vice president of retail brokerage. 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. 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. Responsible for the development of functional or business unit strategy for the entire organization. In 2007, he was appointed as acting deputy attorney general by former President George W. Bush. CA. Optimization and Trading, ExxonMobil LNG Asia Pacific (EMLAP). In 2007 he was appointed acting deputy attorney general by then-president George W Bush. Copyright 2003-2023 Exxon Mobil Corporation. As VP, she will supervise public policy, advise on affordable housing, lead advocacy efforts, and serve as a liaison and spokesperson within the community. Based in Singapore, Dan is responsible for EMLAPs short-term trading and optimizations activities. 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. These charts show the average base salary (core compensation), as well as the average total cash compensation for CMO in companies like EXXON MOBIL CORP in the United States. 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. In her new role, Stockstill will Medical technology firm Becton Dickinson and Company (BD) has named Michelle Quinn as executive vice president and general counsel for the company NYSE-listed Cushman & Wakefield has recruited Noelle Perkins to become executive vice president, general counsel and corporate secretary, Starbucks Coffee Company has hired Brad Lerman as executive vice president and general counsel. Nuckols received her BBA in marketing from California State University, Chico. 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. 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. Based in Singapore, Philip provides oversight to ExxonMobil LNG logistics and shipping operations. 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. ExxonMobil uses innovation and technology to deliver energy to a growing world. Provides overall vision, leadership, strategy, and execution of all marketing programs and initiatives of the organization. Frequently Used Terms and Non-GAAP Measures. 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. , Cerda earned her MBA at California State University, Long Beach, and her BBA from Pepperdine University. This report from Board Agenda and Mazars, in assoc An internal investigation must be handled meticulo FREE - Add your company profile to our Corporate & Advisory Directory. Compared to the same quarter last year, earnings increased $2 billion. 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. Copyright IR Media Group Ltd. 1995 - 2023 All rights reserved. , References to corporate earnings mean net income attributable to ExxonMobil (U.S. GAAP) from the consolidated income statement. ExxonMobil elects Matt Furman as vice president, public and government affairs; Suzanne McCarron to retire. ExxonMobil LNG Asia Pacific (EMLAP). 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. Chief Marketing Officer (CMO) Princeton, NJ, CMO Salaries with a High School Diploma or Technical Certificate, CMO Salaries with a Master's Degree or MBA, CMO Salaries with a JD, MD, PhD or Equivalent, Detailed skills and competency reports for specific positions. Chemical Products earnings were $371 million, up from $250 million in the fourth quarter, mainly on improved margins from strengthening of the North American ethane feed advantage partly offset by higher scheduled maintenance. All Rights Reserved. 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 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. 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. Furman joined the company as it began its turnaround, widely viewed as one of the most successful in U.S. retail history. Based in Houston, Peter is responsible for the end-to-end value chain management of ExxonMobils LNG business. Website. Compared to the same quarter last year, earnings decreased by $1.0 billion on weaker industry margins and lower sales, reflecting softer market conditions. 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.. This measure is useful for investors to understand the Corporation's efforts to optimize spending through disciplined expense management. He was also with Cypress Equities and GGP (now Brookfield Retail) earlier in his career. Results included unfavorable identified items of approximately $200 million associated with additional European taxes on the energy sector. This press release also includes cash flow from operations and asset sales excluding working capital (non-GAAP). ISMG offers news, views, research, education ZipRecruiter ATS Jobs for ZipSearch/ZipAlerts - 16 days ago, LA Jazz Festival - Los Angeles 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. Dave Brownell Senior Vice President Global Operations 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. Morford received his JD from Valparaiso University and his bachelors degree in economics from Hope College. Copyright 2003-2017 Exxon Mobil Corporation. 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. ExxonMobil, one of the largest publicly traded international energy companies, uses technology and innovation to help meet the worlds growing energy needs. It operates through Upstream, Downstream, and Chemical segments. Mikells was previously chief financial officer at Diageo and a member of its board of directors. 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. Morford is currently deputy general counsel. 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. James Moretti Chief Operations Officer James Moretti serves as the Chief Operations Officer of ExxonMobil. regulatory updates, governance trends and best practices, careers and much more. This measure is useful when evaluating cash available for financing activities, including shareholder distributions, after investment in the business. . The Baton Rouge polypropylene expansion, which started up in December, delivered positive earnings and cash contribution during its first full quarter of operations. Compared to the same quarter last year, earnings decreased by $1.0 billion on weaker industry margins and lower sales, reflecting softer market conditions. Enjoy unlimited access to all of our incredible journalism, in print and digital. Energy Products earnings totaled $4.2 billion, up $113 million from the fourth quarter. 24 followers 8 connections. What Im Watching: Dallas Mavericks Basketball. 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. In this article Darren W. Woods Neil A. Chapman Kathryn A. Mikells Jack P. Williams Darren W. Woods 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. He was named chief attorney of ExxonMobil Chemical Company in 2000 and chief attorney of ExxonMobil Gas & Power Marketing Company in 2003. 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. She was the director of community affairs and youth outreach for nearly eight years. Vice President 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. 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. 000 0000: 000000 00000: Exxon Mobil: Chief Executive Officer & Chairman: 000 0000: 0000000 0000: Exxon Mobil: Board Member: 000 . He was named executive vice president of ExxonMobil Production Company in 2004, and became president of ExxonMobil Gas & Power Marketing in 2006. 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. 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. 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. We explore for, produce and sell crude oil, natural gas and petroleum products. 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 earned his JD from Tulane University and a bachelors degree from Bowdoin College. 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. Risk Factors of ExxonMobils 2022 Form 10-K. Identified items unfavorably impacted earnings by $158 million this quarter, down from $561 million in the previous quarter. Gina Clark is executive vice president and chief communications & administration officer for AmerisourceBergen where she oversees strategic communications, marketing, government affairs, and corporate citizenship. How much does a CMO make at companies like EXXON MOBIL CORP in the United States? 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. Rea will lead several employee initiatives such as New Digs, which aims to combat work-from-home burnout by letting employees and their families work from an Airbnb in the location of their choosing, and Random Coffee, which connects employees across the company through random Zoom pairings. Energy Products earnings totaled $4.2 billion, up $113 million from the fourth quarter. Results also benefited from the absence of year-end inventory effects and lower corporate and financing costs. Send your companys personnel moves to online managing editor Bianca R. Montes at [emailprotected]. Mikells holds an MBA from the University of Chicago. (Copyright 2023 Salary.com). The company may refer to these opportunities as projects in external disclosures at various stages throughout their progression. 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. Previously, he served as vice president of strategic communications and external affairs of T.G.I. UT Dallas is paying students to get vaccinated. 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 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, 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 (CO. Upstream earnings were $6.5 billion, a decrease of $1.7 billion from the fourth quarter. Exxon Mobil Corporation today announced first-quarter 2023 earnings of $11.4 billion, or $2.79 per share assuming dilution. Vice President Global LNG Marketing. 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. Actual future results, including financial and operating performance; total capital expenditures and mix, including allocations of capital to low carbon solutions; structural earnings improvement and structural cost reductions and efficiency gains, including the ability to offset inflationary pressure; plans to reduce future emissions and emissions intensity; ambitions to reach Scope 1 and Scope 2 net zero from operated assets by 2050, plans to reach net zero Scope 1 and 2 emissions in Upstream Permian Basin unconventional operated assets by 2030, eliminating routine flaring in-line with World Bank Zero Routine Flaring, reaching near-zero methane emissions from its operations, meeting ExxonMobils emission reduction goals and plans, divestment and start-up plans, and associated project plans as well as technology efforts; timing and outcome of projects related to the capture, transportation and storage of CO2, and produced biofuels; changes in law, taxes, or regulation including environmental and tax regulations, trade sanctions, and timely granting of governmental permits and certifications; timing and outcome of hydrogen projects; cash flow, dividends and shareholder returns, including the timing and amounts of share repurchases; future debt levels and credit ratings; business and project plans, timing, costs, capacities and returns; and resource recoveries and production rates could differ materially due to a number of factors.
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