Gregory C. Garland Named to ExxonMobil Board of Directors

Core Points - Gregory C. Garland has been elected to the ExxonMobil Board of Directors, effective November 3, 2025 [1] - Garland brings over a decade of CEO experience from respected industry companies, enhancing the board's expertise and collaboration [2] - His previous roles include Chair and CEO of Phillips 66 and President and CEO of Chevron Phillips Chemical Company [2] Company Overview - ExxonMobil is one of the largest publicly traded international energy and petrochemical companies, focused on improving quality of life and meeting evolving societal needs [4] - The corporation's primary businesses include Upstream, Product Solutions, and Low Carbon Solutions, providing essential products like energy, chemicals, and lubricants [5] - ExxonMobil aims to achieve significant reductions in greenhouse gas emissions by 2030, including a 20-30% reduction in corporate-wide greenhouse gas intensity and a 70-80% reduction in methane intensity [5] Recent Developments - ExxonMobil has made a final investment decision for the Hammerhead development offshore Guyana, expected to come online in 2029, with a production capacity of approximately 150,000 barrels of oil per day [9] - The Hammerhead project has a budget of US$6.8 billion and will utilize a floating production storage and offloading (FPSO) vessel [9]