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ExxonMobil Announces Leadership Changes

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ExxonMobil announced key leadership changes, with Liam M. Mallon, president of ExxonMobil Upstream Company, set to retire on February 1, 2025, after 34 years of service. Dan L. Ammann will succeed Mallon as president of Upstream Company, while maintaining his role as vice president. Additionally, Barry L. Engle has been appointed president of Low Carbon Solutions and vice president effective January 1, 2025. Ammann joined ExxonMobil in 2022 from Cruise/GM, while Engle, who joined in September 2024, brings three decades of automotive industry experience.

ExxonMobil ha annunciato importanti cambiamenti nella leadership, con Liam M. Mallon, presidente di ExxonMobil Upstream Company, che andrà in pensione il 1° febbraio 2025, dopo 34 anni di servizio. Dan L. Ammann succederà a Mallon come presidente della Upstream Company, mantenendo il suo ruolo di vicepresidente. Inoltre, Barry L. Engle è stato nominato presidente di Low Carbon Solutions e vicepresidente, a partire dal 1° gennaio 2025. Ammann è entrato in ExxonMobil nel 2022 provenendo da Cruise/GM, mentre Engle, che si è unito a settembre 2024, porta con sé tre decenni di esperienza nel settore automobilistico.

ExxonMobil anunció cambios clave en el liderazgo, con Liam M. Mallon, presidente de ExxonMobil Upstream Company, que se retirará el 1 de febrero de 2025, después de 34 años de servicio. Dan L. Ammann sucederá a Mallon como presidente de la Upstream Company, mientras que mantendrá su papel como vicepresidente. Además, Barry L. Engle ha sido nombrado presidente de Low Carbon Solutions y vicepresidente a partir del 1 de enero de 2025. Ammann se unió a ExxonMobil en 2022 procedente de Cruise/GM, mientras que Engle, que se unió en septiembre de 2024, aporta tres décadas de experiencia en la industria automotriz.

엑손모빌은 리더십의 주요 변화를 발표했으며, 엑손모빌 업스트림 컴퍼니의 회장인 리암 M. 말론이 34년의 근무 후 2025년 2월 1일에 은퇴할 예정입니다. 댄 L. 아만은 업스트림 컴퍼니의 회장으로 말론을 이어받으며, 부회장으로서의 역할을 유지합니다. 또한, 배리 L. 엥글은 2025년 1월 1일부터 저탄소 솔루션의 회장 및 부회장으로 임명되었습니다. 아만은 2022년에 크루즈/GM에서 엑손모빌에 합류했으며, 엥글은 2024년 9월에 합류하여 자동차 산업에서 30년의 경험을 가지고 있습니다.

ExxonMobil a annoncé des changements clés dans sa direction, avec Liam M. Mallon, président de la ExxonMobil Upstream Company, qui partira à la retraite le 1er février 2025, après 34 ans de service. Dan L. Ammann succédera à Mallon en tant que président de la Upstream Company, tout en maintenant son rôle de vice-président. De plus, Barry L. Engle a été nommé président de Low Carbon Solutions et vice-président à compter du 1er janvier 2025. Ammann a rejoint ExxonMobil en 2022 en provenance de Cruise/GM, tandis qu'Engle, qui a rejoint en septembre 2024, apporte trois décennies d'expérience dans l'industrie automobile.

ExxonMobil hat wichtige Änderungen in der Führung angekündigt, wobei Liam M. Mallon, Präsident der ExxonMobil Upstream Company, am 1. Februar 2025 nach 34 Jahren im Dienst in den Ruhestand gehen wird. Dan L. Ammann wird Mallon als Präsident der Upstream Company nachfolgen und gleichzeitig seine Rolle als Vizepräsident beibehalten. Darüber hinaus wurde Barry L. Engle ab dem 1. Januar 2025 zum Präsidenten von Low Carbon Solutions und Vizepräsidenten ernannt. Ammann trat 2022 von Cruise/GM zu ExxonMobil über, während Engle, der im September 2024 eintrat, 30 Jahre Erfahrung in der Automobilindustrie mitbringt.

Positive
  • Strategic leadership transition with experienced executives from automotive industry
  • Strengthening of Low Carbon Solutions division with specialized leadership
  • Continuity in management with internal succession planning
Negative
  • Loss of 34-year veteran executive with deep industry knowledge
  • Liam Mallon to retire after 34 years of service
  • Dan Ammann appointed President, Upstream Company
  • Barry Engle appointed President, Low Carbon Solutions

SPRING, Texas--(BUSINESS WIRE)-- ExxonMobil (NYSE: XOM) today announced Liam M. Mallon, president of ExxonMobil Upstream Company and vice president Exxon Mobil Corporation, will retire effective February 1, 2025. The Board of Directors has appointed Dan L. Ammann president, ExxonMobil Upstream Company. Dan will continue as vice president, Exxon Mobil Corporation to succeed Liam. The Board also has appointed Barry L. Engle president, Low Carbon Solutions (LCS) and vice president for Exxon Mobil Corporation effective January 1, 2025.

“We thank Liam for his long-standing, dedicated service to the company, and we wish him all the best in his well-deserved retirement,” said Darren Woods, chairman and chief executive officer.

“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,” said Woods. “This has served us well over the last several years and is a useful, innovative way to strengthen our leadership teams, challenge conventions and broaden our people.”

Mallon, who has been president of ExxonMobil Upstream Company since 2022, joined the company in 1990 in Aberdeen, Scotland.

Ammann joined ExxonMobil in 2022 as president, Low Carbon Solutions to grow the company’s Low Carbon Solutions business and focus on delivering profitable, large-scale emissions-reduction solutions for key industries. He had previously been chief executive officer of Cruise, which is majority-owned by General Motors (GM), in 2018 and was appointed president of GM in 2014.

Engle joined ExxonMobil in September 2024 with three decades of experience in the automotive industry, including General Motors where he was president of GM North America, GM’s largest business and, before that, president of GM International.

About ExxonMobil

ExxonMobil, one of the largest publicly traded international energy and petrochemical companies, creates solutions that improve quality of life and meet society’s evolving needs.

The corporation’s primary businesses - Upstream, Product Solutions and Low Carbon Solutions – provide products that enable modern life, including energy, chemicals, lubricants, and lower emissions technologies. ExxonMobil holds an industry-leading portfolio of resources, and is one of the largest integrated fuels, lubricants, and chemical companies in the world. ExxonMobil also owns and operates the largest CO2 pipeline network in the United States. In 2021, ExxonMobil announced Scope 1 and 2 greenhouse gas emission-reduction plans for 2030 for operated assets, compared to 2016 levels. The plans are to achieve a 20-30% reduction in corporate-wide greenhouse gas intensity; a 40-50% reduction in greenhouse gas intensity of upstream operations; a 70-80% reduction in corporate-wide methane intensity; and a 60-70% reduction in corporate-wide flaring intensity.

With advancements in technology and the support of clear and consistent government policies, ExxonMobil aims to achieve net-zero Scope 1 and 2 greenhouse gas emissions from its operated assets by 2050. To learn more, visit exxonmobil.com and ExxonMobil’s Advancing Climate Solutions.

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Source: Exxon Mobil Corporation

FAQ

When will Liam Mallon retire from ExxonMobil (XOM)?

Liam Mallon will retire from ExxonMobil effective February 1, 2025, after 34 years of service.

Who is replacing Liam Mallon as president of ExxonMobil Upstream Company?

Dan L. Ammann will succeed Liam Mallon as president of ExxonMobil Upstream Company.

When will Barry Engle become president of ExxonMobil's Low Carbon Solutions?

Barry Engle will become president of Low Carbon Solutions effective January 1, 2025.

What is Dan Ammann's background before joining ExxonMobil (XOM)?

Dan Ammann was previously CEO of Cruise and president of General Motors before joining ExxonMobil in 2022.

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