exxonmobil board of directors

He also served as vice chairman from 2001 to 2002 and as worldwide chairman, Pharmaceuticals Group, from 1998 to 2001. Woods was elected chairman of the board and CEO effective January 1, 2017, after the retirement of former chairman and CEO Rex Tillerson. An independent executive search firm helps identify external candidates for consideration who have: The board affairs committee considers recommendations from shareholders and board directors to help ensure the selection process is collaborative. Click on the Committee title to view that Committee's charter. The board affairs committee recommends board of director candidates in accordance with our Guidelines for the Selection of Non-Employee Directors. He also served as vice president and chief financial officer of Caterpillar from 1995 to 1998. setting the date, time and place of shareholder meetings. The Board appoints Committees to help carry out its duties. (Reuters) - U.S. oil major Exxon Mobil Corp is planning to add one or more new board directors and stepping up its sustainability investments, the Wall Street Journal reported on … authority to advance or loan money to, subscribe to equity capital in, guarantee obligations of, and accept deposits from affiliated companies. • Past public company directorships: Imperial Oil Ltd. (April 2013 - July 2014), Exxon Mobil Corporation Corporate governance Before his election as chairman and CEO, Woods was elected president of ExxonMobil and a member of the board of directors … establishment of committees of the Board and appointment of committee members. Exxon Mobil Corporation (XOM) issued the following statement in response to Engine No. ExxonMobil employs a variety of policies and processes to uphold high ethical standards and promote transparency. Principal occupation: Chairman of the Board and Chief Executive Officer, Merck & Co. Business experience: Mr. Frazier was elected chairman and chief executive officer of Merck in 2011, and served as president from 2010 until 2019. Principal occupation: Former Chairman of the Board, VEON Ltd. Business experience: Ms. Burns served as Chairman of VEON from July 2017 through May 2020, and served as Chief Executive Officer from December 2018 through February 2020. Review corporate performance data, learn about our business model, read about our outlook for the energy industry, meet our management committee and more. November 1, 2016. authority to determine whether an indemnity bond shall be required as a condition to the transfer of a share certificate alleged to have been lost, destroyed or wrongfully taken and, if so, the sufficiency thereof. Today.’. 1 formally nominated four directors to the board of the energy giant, which is facing … 1’s nomination of directors for election to ExxonMobil’s board of directors at its 2021 annual meeting of shareholders. issuance and acquisition of long-term debt or shares of stock, and the fixing of the consideration for treasury shares to be disposed of by the Corporation, except as delegated to the Treasurer as described in B.7 below. In 2019, the board of directors met 10 times. All Rights Reserved. I. All Rights Reserved. From left: Angela Braly, Kenneth Frazier, Joseph Hooley (joined January 2020), Ursula Burns, Samuel Palmisano, Darren Woods, Douglas Oberhelman, Steven Reinemund (since retired), William Weldon, Susan Avery and Steven Kandarian. Report From left: Angela Braly, Kenneth Frazier, Joseph Hooley (joined January 2020), Ursula Burns, Samuel Palmisano, Darren Woods, Douglas Oberhelman, Steven Reinemund (since retired), William Weldon, Susan Avery and Steven Kandarian. (Bloomberg) -- Exxon Mobil Corp. is heading for a proxy showdown after activist investor Engine No. ExxonMobil is committed to producing the energy and chemical products that are essential to modern life, economic development and improved standards of living. … Hooley … She served as interim dean of the graduate school and vice chancellor for research, interim provost and executive vice chancellor for academic affairs at the University of Colorado Boulder from 2004 to 2008. Ms. Burns served as Chairman of Xerox from 2010 to June 2017. authority to adopt, terminate, or change employee benefit plans or programs, except major additions or changes to major employee benefit plans or programs, authority to make political contributions in connection with propositions and referenda, to political parties in the United States and to candidates for certain state offices in the United States; and. Our efforts are underpinned by a board of directors that provides strategic and independent oversight of our corporation’s affairs. The primary purposes of the Board Affairs Committee (the "Committee") are to monitor compliance with good corporate governance standards; to identify individuals qualified to become Board members; to recommend to the Board director … Exxon Mobil Corporation (NYSE:XOM) issued the following statement in response to Engine No. She served as executive vice president, general counsel and chief public affairs officer of WellPoint from 2005 to 2007, and president and chief executive officer of Blue Cross Blue Shield of Missouri from 2003 to 2005. Stay up to date with the latest from ExxonMobil. The lead director works with the compensation committee to oversee the annual evaluation of the CEO, the communication of resulting feedback to the CEO and the review of CEO succession plans. Review corporate performance data, learn about our business model, read about our outlook for the energy industry, meet our management committee and more. Current public company directorships: Brookfield Asset Management (May 2015 - Present); Lowe’s (November 2013 - Present); The Procter & Gamble Company (December 2009 - Present), Past public company directorships: WellPoint (June 2007 - August 2012). In particular, Board Committees work on key issues in greater detail than would be possible at full Board meetings. 1 is calling on ExxonMobil to refresh its board of directors in an effort to reposition itself for long-term, sustainable value creation. 1’s nomination of directors for election to ExxonMobil’s board … Current public company directorships: None, Principal occupation: Former Chairman of the Board, President and Chief Executive Officer of WellPoint (now Anthem), a health insurance company. significant changes in policies of broad application, an annual review of political contributions made by Corporation interests in the United States and Canada, and. "RESOLVED, That, in light of the provisions of New Jersey law that  the management of the business and affairs of the Corporation be managed by or under the direction of the Board of Directors and  the provisions of Article IV of the By-Laws, as amended, dealing with the management responsibilities of the officers of the Corporation: A. the Board reserves the following functions to itself (and, to the extent delegated thereto, to its Committees): B. the Board notes that it, or a Board Committee, has heretofore delegated the following specific standing powers to one or more officers of the Corporation and reserves to itself or such Board Committee power to alter any such delegation: C. the Board requests that the chief executive officer refer to it (or to a committee of the Board to which it has delegated responsibility) for consideration and, as appropriate, concurrence: FURTHER RESOLVED, That the resolution on this subject adopted by the Board on May 28, 2008 be and it hereby is revoked.". Our environmental management approach is guided by an understanding of the potential environmental and socioeconomic impacts of our operations and a commitment to develop, maintain and operate projects sustainably, using appropriate standards that enable us to ‘Protect Tomorrow. The committee oversees operational risks, such as those relating to employee and community safety, health and environmental performance, including actions taken to address climate change-related risks; security matters; and reviews and provides advice on objectives, policies and programs related to political and other contributions. To learn more about our COVID-19 response, please see the case study. ExxonMobil has engaged with Engine No. 1, a new investment firm that seeks to enhance long-term value through active ownership, today announced that it has formally nominated four highly qualified, independent director candidates with diverse track records of success across the energy sector to the Exxon Mobil Corporation (NYSE: XOM) ("ExxonMobil" or the "Company") Board of Directors (the "Board… ExxonMobil believes the strength and effectiveness of the board reflects the balance, experience and diversity of the individual directors; their commitment; and the ability of the directors to work effectively as a group in carrying out their responsibilities. adoption of any new major employee benefit plans and programs and approval of any major amendment of an existing major employee benefit plan or program (e.g., Pension Plan and Savings Plan) which might involve substantial cost to the Corporation or significantly alter the scope, nature or degree of benefits. submission to shareholders of any action that requires shareholder approval. Company profile for Exxon Mobil Corp. including key executives, insider trading, ownership, revenue and average growth rates. review of overall policies and objectives for corporate contributions, and approval of contributions budget (annually). Addressing the fundamental issues at ExxonMobil (NYSE: XOM) will not be easy and will require directors with relevant industry experience and skills. The board oversees a broad spectrum of interrelated risks, with assistance from its committees. With longstanding investments in technology coupled with the ingenuity of our people, we are well positioned to continue to responsibly meet the demands of a more prosperous world. During 2019, the ExxonMobil Board met ten times. Board of Directors Resolution Regarding 1 since mid-December. Energy industry key executives, insider trading, ownership, revenue and average growth rates board affairs recommends! 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