Item 3. Legal Proceedings
ITEM 3. LEGAL PROCEEDINGS
ExxonMobil has elected to use a $1 million threshold for disclosing environmental proceedings.
As reported in the Corporation’s Form 10-Q for the third quarter of 2023, the State of Texas filed suit against ExxonMobil Oil Corporation (EMOC) on August 19, 2020, seeking penalties and injunctive relief in connection with alleged unauthorized emissions events at EMOC’s Beaumont Refinery in Texas from 2017 to 2020. The suit, captioned State of Texas v. ExxonMobil Oil Corporation, was filed in the 98th Judicial District Court of Travis County, Texas (the “98th Judicial District Court”). In September 2023, the State of Texas and EMOC agreed to settle the alleged violations upon payment of $1.6 million to the State of Texas (the “Settlement”) pending approval by the 98th Judicial District Court. In November 2023, the 98th Judicial District Court approved the Settlement, and EMOC paid the amounts required under the Settlement in December 2023.
Refer to the relevant portions of “Note 16: Litigation and Other Contingencies” of the Financial Section of this report for additional information on legal proceedings.
ITEM 4. MINE SAFETY DISCLOSURES
Not applicable.
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Information about our Executive Officers (positions and ages as of February 28, 2024)
Name Age Current and Prior Positions (up to five years)
Darren W. Woods 59 Chairman of the Board and Chief Executive Officer (since January 1, 2017)
Director and President (since January 1, 2016)
Neil A. Chapman 61 Senior Vice President (since January 1, 2018)
Kathryn A. Mikells 58 Senior Vice President and Chief Financial Officer (since August 9, 2021)
Chief Financial Officer and a member of the board of directors for Diageo plc
(November 2015 - June 2021)
Jack P. Williams, Jr. 60 Senior Vice President (since June 1, 2014)
James R. Chapman 54 Vice President, Tax and Treasurer ( since November 28, 2022)
Dominion Energy, Inc. (prior to November 28, 2022):
Executive Vice President, Chief Financial Officer and Treasurer (January 2019 - November 2022)
Len M. Fox
60 Vice President and Controller (since March 1, 2021, following a special assignment)
Assistant Treasurer, Exxon Mobil Corporation (February 1, 2020 - December 31, 2020)
Vice President, Chemical Business Services and Treasurer (June 1, 2015 - January 31, 2020)
Jon M. Gibbs
52 President of ExxonMobil Global Projects Company (since April 1, 2021)
Senior Vice President, Global Project Delivery, ExxonMobil Global Projects Company
(July 1, 2020 - March 31, 2021)
President, ExxonMobil Global Services Company (April 1, 2019 - June 30, 2020)
Upstream Organization Design Team Lead, ExxonMobil Development Company
(January 15, 2019 - March 31, 2019)
Vice President, Asia Pacific and Middle East, ExxonMobil Development Company
(January 1, 2016 - January 14, 2019)
Liam M. Mallon
61 Vice President (since April 1, 2019)
President, ExxonMobil Upstream Company (since April 1, 2022)
President, ExxonMobil Upstream Oil & Gas Company (April 1, 2019 - March 31, 2022)
President, ExxonMobil Development Company (January 1, 2017 - March 31, 2019)
Karen T. McKee
57 Vice President (since April 1, 2019)
President, ExxonMobil Product Solutions Company (since April 1, 2022)
President, ExxonMobil Chemical Company (April 1, 2019 - March 31, 2022)
Senior Vice President, Basic Chemicals, Integration & Growth, ExxonMobil Chemical Company
(August 1, 2017 - March 31, 2019)
Craig S. Morford
65 Vice President and General Counsel (since November 1, 2020)
Secretary (since March 1, 2022)
Deputy General Counsel (May 1, 2019 - October 31, 2020)
Chief Legal and Compliance Officer of Cardinal Health, Inc. (until March 2019)
Darrin L. Talley
59 Vice President, Corporate Strategic Planning (since April 1, 2022)
President, ExxonMobil Research and Engineering Company (April 1, 2020 - March 31, 2022)
Manager, Corporate Strategy, Corporate Strategic Planning (March 15, 2017 - March 31, 2020)
Officers are generally elected by the Board of Directors at its meeting on the day of each annual election of directors, with each such officer serving until a successor has been elected and qualified. The above-named officers are required to file reports under Section 16 of the Securities Exchange Act of 1934.
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PART II