Website. The average salary for CMO at companies like EXXON MOBIL CORP in the United States is $461,400 as of March 28, 2023, but the range typically falls between $399,100 and $561,800. This press release also includes total taxes including sales-based taxes. Margaret Rogacki Crenshaw received a bachelors degree in communications from Southern Methodist University and continued his education at the University of North Texas. Compared to the same quarter last year, net charges declined $339 million due to lower financing costs. 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. Free cash flow is the sum of net cash provided by operating activities and net cash flow used in investing activities. Pandemic unemployment benefits to end next month. 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. , ExxonMobil picks successor to general counsel Oct 05, 2020 Randall Ebner retiring after more than 40 years at the company ExxonMobil Corporation's board has picked Craig Morford as the company's next vice president and general counsel. ExxonMobil PNG (Papua New Guinea) Limited. Request for Proposal (RFP) Chief Marketing Officer for the Los Angeles Jazz Festival Overview: The Los Angeles Jazz Festival is seeking a Chief Marketing Officer (or firm) to develop and implement a ExecuSource - Burbank 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). Earnings/(loss) excluding identified items does include non-operational earnings events or impacts that are generally below the $250 million threshold utilized for identified items. Copyright 2003-2023 Exxon Mobil Corporation. These include global or regional changes in the supply and demand for oil, natural gas, petrochemicals, and feedstocks and other market factors, economic conditions and seasonal fluctuations that impact prices and differentials for our products; government policies supporting lower carbon investment opportunities such as the U.S. Inflation Reduction Act or policies limiting the attractiveness of future investment such as the additional European taxes on the energy sector; variable impacts of trading activities on our margins and results each quarter; actions of competitors and commercial counterparties; the outcome of commercial negotiations, including final agreed terms and conditions; the ability to access debt markets; the ultimate impacts of COVID-19 or other public health crises, including the effects of government responses on people and economies; reservoir performance, including variability and timing factors applicable to unconventional resources; the level and outcome of exploration projects and decisions to invest in future reserves; timely completion of development and other construction projects; final management approval of future projects and any changes in the scope, terms, or costs of such projects as approved; government policies and support and market demand for low carbon technologies; war, civil unrest, attacks against the company or industry and other political or security disturbances; expropriations, seizure, or capacity, insurance or shipping limitations by foreign governments or laws; opportunities for potential investments or divestments and satisfaction of applicable conditions to closing, including regulatory approvals; the capture of efficiencies within and between business lines and the ability to maintain near-term cost reductions as ongoing efficiencies; unforeseen technical or operating difficulties and unplanned maintenance; the development and competitiveness of alternative energy and emission reduction technologies; the results of research programs and the ability to bring new technologies to commercial scale on a cost-competitive basis; and other factors discussed under Item 1A. Based in Houston, Peter is responsible for the end-to-end value chain management of ExxonMobils LNG business. ExxonMobil Upstream Oil & Gas Company. Free cash flow is not meant to be viewed in isolation or as a substitute for net cash provided by operating activities. 000 0000: 000000 00000: Exxon Mobil: Chief Executive Officer & Chairman: 000 0000: 0000000 0000: Exxon Mobil: Board Member: 000 . All Rights Reserved. Chief Marketing Officer Lead Planner @ ExxonMobil; Project Superintendent and Advisor @ ExxonMobil; Senior Field Engineer @ CH2M HILL; . Imaginuity has promoted Kristin Nuckols to serve as its first chief media officer. As the agency looks to grow beyond Texas, she will specialize her efforts in technology. She will take up her new role next month, when current CFO Andrew Swiger steps down after 43 years at the . AL. For convenience and simplicity, those terms and terms such as Corporation, company, our, we, and its are sometimes used as abbreviated references to specific affiliates or affiliate groups. The company believes it is useful for investors to consider these numbers in comparing the underlying performance of the company's business across periods when there are significant period-to-period differences in the amount of changes in working capital. To listen to the event or access an archived replay, please visit www.exxonmobil.com. 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. It combines Income taxes and Total other taxes and duties with sales-based taxes, which are reported net in the income statement. Responsible for the development of functional or business unit strategy for the entire organization. We explore for, produce and sell crude oil, natural gas and petroleum products. Previous to her time with ExxonMobil, she served in various public affairs positions in the pharmaceutical and chemical industries. 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. 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. The company believes it is useful for the Corporation and its investors to understand the total tax burden imposed on the Corporations products and earnings. ExxonMobil's key executives include Darren W. Woods and 13 others. 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. Structural cost savings are stewarded internally to support management's oversight of spending over time. Hough is Foxtons director of finance and company secretary, and will take over from current CFO Richard Harris in April. Executive Bio. This press release also includes cash flow from operations and asset sales excluding working capital (non-GAAP). Our weekly Anti-woke activism: A turning point for ESG? 750 North St.Paul St. The board of directors has elected its current Deputy. Exxon Mobil Corporation today announced first-quarter 2023 earnings of $11.4 billion, or $2.79 per share assuming dilution. See user submitted job responsibilities for CMO. 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. A reconciliation to net cash provided by operating activities for the 2022 and 2023 periods is shown on page 8. 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. Previously, he served as vice president of strategic communications and external affairs of T.G.I. In addition, earnings were impacted by the absence of favorable year-end inventory impacts. Mikells was previously chief financial officer at Diageo and a member of its board of directors. Specialty Products earnings were $774 million, up $14 million from the fourth quarter. Unfavorable margin effects were more than offset by higher volumes supported by China demand recovery and finished lubes market position growth as well as seasonally lower expenses. Compensation data tools, salary structures, surveys and benchmarks. The prior-year period was negatively impacted by an identified item associated with the Sakhalin-1 expropriation. Morford is currently deputy general counsel. Energy giant ExxonMobil has appointed Kathryn Mikells as chief financial officer. He was named assistant general counsel in 2009, and the board elected him as general counsel and vice president in 2016. They're typically responsible for managing the marketing professionals within an organization, and they report to the company's chief executive officer (CEO). ExxonMobil Asia Pacific Pte Ltd (EMAPPL). Claim Your Free Employer Account. Earnings excluding identified items is not meant to be viewed in isolation or as a substitute for net income/(loss) attributable to ExxonMobil as prepared in accordance with U.S. GAAP. 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. The company believes it is useful for the Corporation and its investors to understand the total tax burden imposed on the Corporations products and earnings. Based in Singapore, Andrew oversees marketing activities for EMLAPs global equity LNG portfolio. Furman joined the company as it began its turnaround, widely viewed as one of the most successful in U.S. retail history. Ebner joined the Exxon Companys US law department in May 1980 in New Orleans, where he worked as an attorney in the litigation group. (Copyright 2023 Salary.com). With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target. Morford previously spent 20 years with the United States Department of Justice. Nuckols has also been recognized with two distinct industry awards, including the Norm Campbell Rookie of the Year and Media Planner of the Year.. In addition to having more than 25 years of sales management experience in the automotive and real estate industry, Brian brings a depth of experience in EV adoption to help Fermata Energy expand its system and help combat climate change, increase energy resilience and reduce energy costs, said David Slutzky, president and CEO of Fermata Energy. Similarly, discussion of future carbon capture, transportation and storage,as well as biofuel, hydrogen and other plans to reduce emissions are dependent on future market factors, such as continued technological progress, policy support and timely rule-making and permitting, and represent forward-looking statements. Because of the regular nature of our asset management and divestment program, the company believes it is useful for investors to consider proceeds associated with the sales of subsidiaries, property, plant and equipment, and sales and returns of investments together with cash provided by operating activities when evaluating cash available for investment in the business and financing activities. All website features may not be available based upon your cookie consent elections, Click. Requires a bachelor's degree or equivalent. and depletion), Net income/(loss) attributable to noncontrolling interests, ExxonMobil share of income taxes of equity companies, Investments, advances and long-term receivables, Long-term obligations to equity companies, (9,000 million shares authorized, 8,019 million shares issued), (3,976 million shares at March 31, 2023, and 3,937 million shares at December 31, 2022), Additions/(Reductions) in debt with three months or less maturity, Cash dividends to ExxonMobil shareholders, Cash dividends to noncontrolling interests, Cash and cash equivalents at beginning of period, Net natural gas production available for sale, million Dollars in millions (except per share data), Earnings Excluding Identified Items Per Common Share1 (non-GAAP). This measure is useful for investors to understand the Corporation's efforts to optimize spending through disciplined expense management. Continued cost control offset the impact from higher scheduled maintenance expenses which were also partially mitigated by top-quartile. Morford is currently deputy general counsel. Energy Products earnings totaled $4.2 billion, up $113 million from the fourth quarter. ExxonMobil uses innovation and technology to deliver energy to a growing world. 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). Exxon Mobil Corporation today announced first-quarter 2023 earnings of $11.4 billion, or $2.79 per share assuming dilution. A reconciliation to net cash provided by operating activities for the 2022 and 2023 periods is shown on page 8. Based in Singapore, Dan is responsible for EMLAPs short-term trading and optimizations activities. This press release also includes earnings/(loss) excluding identified items (non-GAAP), which are earnings/(loss) excluding individually significant non-operational events with, typically, an absolute corporate total earnings impact of at least $250 million in a given quarter. DAmato comes to Augustine with more than 30 years of commercial and investment banking experience in various industries. 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. Dan Turco Capital and exploration expenditures were $6.4 billion, on track to meet the company's full year guidance of $23 billion to $25 billion. References to resources or resource base may include quantities of oil and natural gas classified as proved reserves, as well as quantities that are not yet classified as proved reserves, but that are expected to be ultimately recoverable. He was named chief attorney of ExxonMobil Chemical Company in 2000 and chief attorney of ExxonMobil Gas & Power Marketing Company in 2003. For convenience and simplicity, those terms and terms such as Corporation, company, our, we, and its are sometimes used as abbreviated references to specific affiliates or affiliate groups. Plus DuWest Realty brings on leasing veteran as vice president of retail brokerage, Agents National Title hires operations manager, and more. It combines Income taxes and Total other taxes and duties with sales-based taxes, which are reported net in the income statement. , Ms. Evers has worked for Imperial for over 22 years in a range of positions within the downstream, beginning in 1998 in the Edmonton marketing office. Andrew Barry ExxonMobil announces first quarter 2023 results, Earnings Excluding Identified Items (non-GAAP), Depreciation and depletion (includes impairments), Changes in operational working capital, excluding cash and debt, Proceeds from asset sales and returns of investments, Additions to property, plant and equipment, Other investing activities including collection of advances, Selling, general and administrative expenses, Exploration expenses, including dry holes, Non-service pension and postretirement benefit expense, Other adjustments (includes equity company depreciation 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. Dallas, TX, USA View. IRVING, Texas - ExxonMobil said today that Matt Furman has been elected vice president of public and government affairs, effective April 1, replacing Suzanne McCarron, who has elected to retire after 24 years of service. Before that, a partner at Tricom/MGHerring. . This press release also includes cash flow from operations and asset sales excluding working capital (non-GAAP). Irving Texas 75039. Salary ranges can vary widely depending on many important factors, including education, certifications, additional skills, the number of years you have spent in your profession. Nuckols received her BBA in marketing from California State University, Chico. All Rights Reserved. The company successfully completed the ramp-up of the Beaumont Refinery expansion, demonstrating 250,000 barrels per day of crude distillation capacity and expanding its integration advantage by capitalizing on the growth of lighter crude oil from the Upstream's Permian assets. Previously, Furman was the vice president of corporate affairs at Mars Chocolate and held senior communications positions at Google and CNN. Statements related to outlooks; projections; descriptions of strategic, operating, and financial plans and objectives; statements of future ambitions and plans; and other statements of future events or conditions in this release, are forward-looking statements. Copyright IR Media Group Ltd. 1995 - 2023 All rights reserved. CA. ExxonMobil's Marketing Manager compensation is $53,026 more than the US average for a Marketing Manager. In 1998 he became co-ordinator of the firms upstream litigation work in Houston and undertook what the company calls several special assignments before becoming chief attorney of ExxonMobil Chemical Company in 2000 and chief attorney of ExxonMobil Gas & Power Marketing Company in 2003.
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