ExxonMobil Names Jon Gibbs to Lead New Global Operations Division

Core Viewpoint - Exxon Mobil Corporation is undergoing a significant reorganization to centralize its operations into a new entity, ExxonMobil Global Operations, effective in 2026, aimed at improving efficiency and execution across its business units [1][2]. Group 1: Reorganization Details - The restructuring will consolidate operations supporting ExxonMobil's Product Solutions, Low Carbon Solutions, and Upstream businesses into one unified organization [2]. - Jon M. Gibbs will be promoted to Senior President of ExxonMobil Global Operations, while Staale Gjervik will take over Gibbs' previous role as President of ExxonMobil Global Projects Company, effective January 1, 2026 [3]. Group 2: Leadership Background - Jon M. Gibbs has been with Exxon since 1993 and has held various senior leadership roles in multiple countries, including Nigeria, Angola, and Indonesia [5]. - Staale Gjervik began his career in Norway in 1998 and has led operations in several countries, including the U.S. and Nigeria, before overseeing global supply chain operations [6]. Group 3: Strategic Goals - The reorganization reflects ExxonMobil's commitment to "execution excellence," aiming to enhance safety, reliability, and environmental performance across its global portfolio [4]. - This restructuring is part of ExxonMobil's ongoing transformation to improve capital efficiency, enhance integration between business lines, and support its low-carbon strategy, aligning with its energy transition goals since 2019 [7]. Group 4: Company Position - ExxonMobil remains one of the world's largest integrated energy companies, with significant positions in oil, gas, chemicals, and low-carbon technologies [8]. - The company is advancing its 2030 targets to cut Scope 1 and 2 greenhouse gas emissions intensity by up to 30% and achieve deep reductions in methane and flaring intensity [8].