XOM 8-K: Smart Summary
90% reductionExxon Mobil Corporation disclosed the retirement of its Chief Financial Officer, Kathryn A. Mikells, effective February 1, 2026, due to health reasons, and the election of Neil A. Hansen as her successor in the same role, also effective February 1, 2026.
Item 5.02: Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers
Executive Compensation
- Neil A. Hansen — annual salary of $1M per year in connection with election as Senior Vice President and Chief Financial Officer; will continue to be eligible for grants under the Corporation's bonus and long-term equity incentive programs depending on company and individual performance, in the same manner as other employees; no employment contract
Departures
- Senior Vice President and Chief Financial Officer (principal financial officer) Kathryn A. Mikells — announced intention to retire effective February 1, 2026; retirement attributed to a debilitating but non-life-threatening health issue requiring full-time recovery focus; announcement made December 8, 2025
Elections
- Senior Vice President and Chief Financial Officer (principal financial officer) Neil A. Hansen — age 51; elected effective February 1, 2026; has served as President of ExxonMobil Global Business Solutions since May 2025; previously served as Senior Vice President, Energy Products for ExxonMobil Product Solutions Company from April 2022 to May 2025; served as Vice President, Europe, Africa & Middle East Fuels from March 2020 to April 2022; prior roles included senior finance positions in Controllers, Audit, Treasurers, and Investor Relations departments, including Vice President, Investor Relations and Corporate Secretary; no employment contract
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