exxonmobil chief technology officer

I wanted to ask about the results you're seeing there. So, I think -- you know, my view is we're going to see the typical push-up in the summer and see margins rise. Mr. Woods was appointed president of ExxonMobil Refining and Supply Company and vice president of Exxon Mobil Corporation in 2012. And, you know, about 40% of our shareholders are retail shareholders, so, you know, more of the moms and pops across the globe that, you know, are investors, and so we know it's important. Reinhart earned a Juris Doctor from Emory University in 1994, and a Bachelor of Arts degree in economics and statistics, with a certificate in actuarial science, from the University of Rochester in 1991. Learn more about applying for a job with Team Valero. I would say our assessment is very consistent with Total's assessment. Become a Motley Fool member today to get instant access to our top analyst recommendations, in-depth research, investing resources, and more. We'll go next to Stephen Richardson with Evercore ISI. During the presentation, we'll make forward-looking comments, which are subject to risks and uncertainties. The last point I'd make on refining margins, which I think is somewhat structural, typically, the marginal barrel in refining comes out of Europe. ExxonMobil technologist Stephanie Westbrook discusses the companys efforts to scale up advanced recycling and her role in making it happen. I just wanted to follow up on trading because there's been various press reports about Exxon wanting to build up its capabilities in asset optimization and trading. Aug. 30, 2022, Who we are Apr 24 2023 - Wilmington, MA. Thanks for joining us today. Dan Clark The deputy general counsel of Exxon Mobil Corp. has been elected by the companys board of directors to replace general counsel Randall Ebner when he We're very much on track for the 9 billion at the end of this year relative to 2019. Yeah. Now let's move to Q&A. Does that change at all the way you look to manage your cash balances going forward? Bhullar holds a Bachelors degree in Economics and an MBA with a focus on investment management and energy finance, both from the University of Texas at Austin. We actually have put an additional disclosure in our press release. And certainly, from listening to some of our customers in that space, expectations of a fairly healthy air transportation or, you know, airline travel miles going forward in the summer. He began his career at Valero as a Process Engineer at the McKee refinery and subsequently held management positions including General Manager-Process Engineering, Director-Supply and Optimization, Vice President-Refinery Planning and Economics, Senior Vice President-Crude, Feedstock Supply and Trading, Senior Vice President-Refining Operations and Executive Vice President-Refining Operations and Engineering. While we're in a depletion business and, you know, we've got to work real hard to continue to bring volume on, we're not actually in the market to find volume. After her time with United, Ms. Mikells went on to serve as chief financial officer at ADT Incorporated and Xerox Holdings Corporation before joining Diageo in 2015. And obviously, we'll be doing an update when we come to the end of the year, and so we'll talk in more detail about what we see from there on a go-forward basis. Invest better with The Motley Fool. ET. And we'll go next to Devin McDermott with Morgan Stanley. And so, I'd say you kind of have to take a step back from that noise in depreciation. Gasoline demand looks pretty reasonable, frankly. ExxonMobil ( XOM 1.28%) Q1 2023 Earnings Call. Gorder served as Valeros Executive Vice President-Marketing and Supply, following tenure as Senior Vice President for Corporate Development and Strategic Planning. The CTO aligns services responsible for computer operations and production, Guyana, we're pleased to announce that we reached final investment decisions for Uaru, fifth offshore project, which will bring on even more production from this low-cost, low-carbon intensity resource. Have a nice weekend, everyone. In 2015 he became ExxonMobil Chemical Company president, a position he held until taking his current position. Also, please note that we provided supplemental information at the end of our earnings slides, which are posted on the website. Throughout his career with Valero and UDS, Lashway has held critical leadership positions in the commercial and corporate development groups, and has been an integral part of key transportation and logistics projects, including the initial public offering of Shamrock Logistics L.P., the predecessor to NuStar, and its acquisition of Kaneb Pipe Line Partners L.P. Julia Rendon Reinhart serves as Senior Vice President and Chief Human Resources Officer, responsible for Valeros human resources operations companywide as well as global security, facilities and administrative services. You know, a lot of simplification coming across that business as a result. He joined Valero in 2001 in the Risk Management Department. In 2010, he was appointed vice president of supply and transportation, based in Fairfax, Virginia. Hebegan his career with Valero in 1999. A couple of points, I think, as we're looking at the refining margin. Paul Grewal, chief legal officer at Coinbase, sits down with CNBCs MacKenzie Sigalos at Consensus 2023 to discuss the companys response to the SECs threat of enforcement action. Through investments in advantaged assets, mix improvements, and cost and operating discipline, we are delivering the structural earnings improvements outlined in our corporate plan update last December and expanding the energy supplies needed to meet growing global demand. WebBrad W. Corson was appointed chairman, president and chief executive officer of Imperial on January 1, 2020. The digital watchtower - the importance of cybersecurity in the energy industry. So, thank you, everybody, for your questions today. Darren Woods, Chairman and Chief Executive Officer; Kathy Mikells, Senior Vice President and Chief Financial Officer; and Jennifer Driscoll, Vice President of And then obviously, we can balance disbursement -- shareholder disbursements with buybacks. It keeps us on track to meet our target of $9 billion by the end of this year. And at this time, I'd like to turn the call over to the vice president of investor relations, Mrs. Jennifer Driscoll. Thanks for joining us today. I wanted to ask a question on the downstream business and given your global reach there. This may be a bit of a follow-up on the questions previously about cost structure and the balance sheet. In 2002, Mr. Chapman took over responsibility for aviation fuels marketing and, later, industrial and wholesale fuels. Just what I'd like to ask on the specific commentary about the 7.2 billion in savings, on track for the 9 billion this year, could you characterize a little bit where that's come from to date? Those are embedded in the plans that we shared with you last December. And then as we came out, those got turned back on again and come on to the marketplace. Paul Grewal, chief legal officer at Coinbase, sits down with CNBCs MacKenzie Sigalos at Consensus 2023 to discuss the companys response to the SECs Please see our Terms and Conditions for additional details, including our Obligatory Capitalized Disclaimers of Liability. We'll go next to Biraj Borkhataria with RBC. I think we've said in the past that as you look at production, the Permian is going to be a little bit lumpy, and so I wouldn't take any one data point, any one quarter's numbers and extrapolate from there. So, our expectation as you head into the future is we'll continue to drive efficiencies and deliver structural cost savings onto the bottom line. Hey, good morning. Alan Lee was named the new chief technology officer at Wilmington's Analog Devices. We don't see a lot of difference between what the conclusions they're coming up with and our conclusions. So, if economic activity is constrained, then chemical demand is constrained. He also holds a Master of Business Administration degree from Northwestern's Kellogg School of Management in Evanston, Illinois. Just if possible, a quick follow-up. So, obviously, you know, if additional capacity comes on that's much lower cost and that supply overwhelms any growth in demand, then we'll see the marginal price setter change. We work very closely with Total, obviously, given the same exposures and the work that we're doing there together, so, I would tell you, it's kind of a hand-in-hand approach that we're taking there, sharing information. And then just the last comment, like does the program end? That's what the organization is going to be doing. Learn More, ExxonMobil(XOM 1.29%)Q12023 Earnings CallApr 28, 2023, 8:00 a.m. Maybe a question on the chemicals business. So, if you'll allow me, I'll throw that at you. So, you know, right now, we're not incurring a negative cost of carry on that cash balance, and that's certainly one of the things that we look at as well. And so, that platform gives our traders a great base to optimize off of. That's been a real focus of that organization. Search. Materialise NV (NASDAQ: MTLS), a leading provider of additive manufacturing software and sophisticated 3D printing services, today announced that Koen Berges has been named the companys new chief financial officer effective And so, I mean, we're looking -- we're working really hard on our technology portfolio in the Permian. We focused -- I'll remind you, on the Beaumont expansion, this is something that we began planning and developing many, many years ago, and it was really built on the Permian production and the changes and transportation differentials by bringing crude into the front end of the Beaumont refinery and making the intermediate products to fill our conversion capacity and backing out imports of intermediates and saving the transportation of those intermediates that are typically coming from afar. Analog Devices, Inc. (Nasdaq: ADI) today announced the appointment of Alan Lee to the position of Chief Technology Officer (CTO). And what triggered our emphasis on China trade and the emphasis that we're putting on trade is the reorganization that we made coming out of the functional organizational construct into value chains. He was earlier associated with Nissan Motor Corporation, Collabera, Safexpress Private Limited, IBM and Cognizant Technology. That's right -- theythink these 10stocks are even better buys. But that's an important asset as you move into the bottom of the cycle, particularly when you're trying to maintain the consistent investment levels and continue to advance the projects in the portfolio. Mr. Woods joined Exxon Company International in 1992 as a planning analyst in Florham Park, New Jersey. I'll give you this one plus one. We just gave the trading organizations within the company some different objective statements, and they've done really well in responding to that, bringing value to the bottom line. We've seen a lot of capacity coming on. Rich Walsh serves as Senior Vice President and General Counsel. Other past positions include oversight of the companys North Slope and Cook Inlet interests in Anchorage, Alaska; deputy production manager for the companys South China Sea operations in Malaysia; two years in the U.S. upstream planning organization; operations superintendent for the company's East Texas field areas; and operations manager for the companys Gulf Coast and offshore California properties. Making the world smarter, happier, and richer. You know, and certainly, some of the more recent changes that we've made in the organization, we'd expect to drive efficiencies and effectiveness going forward from here. So, I'd encourage you to look at that. Cost basis and return based on previous market day close. You typically see early in the year a lot of refining turnarounds, which take a lot of capacity offline in that lower-demand season. And is 9 billion -- like is that the end of the program or is there something to happen beyond that? Darren Woods, chief executive officer of ExxonMobil Corp., was chipper as he bandied with industry analysts on Jan. 31 about his companys poor 2019 performance. So, that was a help in the first quarter, some of that feed optimization, and that'll play into it as well. The increase more than offset our divestments in the expropriation of Sakhalin-1, which we no longer account for, but which, importantly, remains part of global supply. So, it's hard to stay disconnected with -- the margins eventually have to equilibrate on transportation differentials. Today's call is being recorded. In addition, our Beaumont refinery expansion reached nameplate capacity in the quarter. We've been, I think, pretty successful at consistently putting assets in the market and realizing the value of those. So, I think we're in -- that's an important context in terms of what we're seeing right now. The Motley Fool has a disclosure policy. I would just also mention that we're in a relatively unusual market environment compared to what we've seen in the past. Alan Lee was named the new chief technology officer at Wilmington's Analog Devices. April 27, 2023 at 06:45 AM EDT. Be exceptional. Mike Seavers Joins Yuga Labs as Chief Technology Officer. In 2006, Mr. Chapman served as executive assistant to the chairman of Exxon Mobil Corporation and in 2007 as president of ExxonMobil Global Services Company. Quite a dynamic market. We're in the market to find value, and we're willing to kind of let volumes do what they will do in the search for making sure that anything that we bring into the portfolio is accretive and is a unique value contribution for the shareholders. July 19 (Reuters) - Exxon Mobil Corp's (XOM.N) new chief financial officer Kathyrn Mikells is the first woman and external hire to join the oil major's management CIO. That's, I think, really what's going to underpin where we focus our attention. Mike Seavers Joins Yuga Labs as Chief Technology Officer. That's work that we've got to demonstrate to ourselves. Gary Simmons is Executive Vice President and Chief Commercial Officer, with oversight of the company's crude supply and products trading, wholesale marketing, transportation and international commercial operations groups. I would say we haven't changed our year-end targets, and so the guidance that we gave as part of the corporate plan discussion last year continues to hold. Materialise NV (NASDAQ: MTLS), a leading provider of Kathy, do you want to add anything to that? I'll start, and then I'll hand it over to Kathy to build on. As we said during our Low Carbon Solutions Spotlight earlier this month, our low-carbon projects must be advantaged and deliver competitive returns. Shortly, Darren will provide opening comments and reference a few slides from this presentation. We'll go next to Sam Margolin with Wolfe Research. Can you characterize where you are in that process and what you think you might have still in front of you in terms of noncore asset sales? I'm thinking about relative to prior cycles. Jack Williams was elected senior vice president of Exxon Mobil Corporation in 2014. Thank you. Jason Gabelman -- Cowen and Company -- Analyst. You remember, as we went through the pandemic, a lot of investments got stalled and pulled back. Mr. Chapman has served as a member of the board of directors and executive committee of the American Chemistry Council, the board of directors of the International Council of Chemical Associations, and the board of directors and executive committee of the National Association of Manufacturers. He is also a member of the Business Roundtable, the Business Council and the Texas A&M University Engineering Advisory Council. We plan to build on our record 2022 results, leveraging the unique insights we gained from participating across each of our value chains and all along their entire length, with a global operating footprint larger than any of our competitors. I think we've got clear line of sight to some additional ones. Former EVP of Development at Epic Games will lead innovation and technology strategy for Yuga's next stage of growth. Energy Factor ExxonMobil's supply chain will consolidate supply chain activities globally. Internally, we don't actually manage this as, hey, there's a one-time period that we're focused on as opposed to we are focused on continuing to drive structural cost savings over time. Here with me are Darren Woods, chairman and chief executive officer; and Kathy Mikells, senior vice president and chief financial officer. The progress we're making across the company is underpinned by the continuing evolution of our business model. Mark Schmeltekopf serves as Senior Vice President and Chief Accounting Officer, with responsibility for the companys accounting, budgeting, forecasting and profit-planning procedures, as well as financial statements and reporting, and corporate tax functions. I think the margins in the U.S. will be a function of, you know, what production source is setting the marginal layer of production.
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