Exxon Mobil Corporation (NYSE:XOM) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers

ME Staff 8-k

6 years ago

Exxon Mobil Corporation (NYSE:XOM) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain OfficersItem 5.02

Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers

(d) On January 31, 2018, the Board of Directors elected Steven A. Kandarian as a new non-employee director of the Corporation, effective February 1, 2018. Mr. Kandarian will initially be a member of the Board's Public Issues and Contributions Committee and Compensation Committee.

Like all new non-employee directors of the Corporation, Mr. Kandarian will receive an initial one-time grant of 8,000 shares of restricted ExxonMobil common stock under the Corporation’s Non-Employee Director Restricted Stock Plan. Thereafter Mr. Kandarian will receive the same compensation as other non-employee directors of the Corporation as described in the Corporation’s most recent Proxy Statement dated April 13, 2017.

About Exxon Mobil Corporation (NYSE:XOM)
Exxon Mobil Corporation is an energy company. The Company is engaged in the exploration and production of crude oil and natural gas, manufacturing of petroleum products, and transportation and sale of crude oil, natural gas and petroleum products. The Company also manufactures and markets petrochemicals, including olefins, aromatics, polyethylene and polypropylene plastics, and various specialty products. The Company operates through the Upstream, Downstream, Chemical, and Corporate and Financing segments. The Upstream segment operates to explore for and produce crude oil and natural gas. The Downstream segment operates to manufacture and sell petroleum products. The Chemical segment operates to manufacture and sell petrochemicals. The Company’s projects include the Kearl project, Heidelberg project, the Point Thomson project, the Hadrian South project, the Lucius project, the Barzan project, the Arkutun-Dagi project, and the Upper Zakum 750 project, among others.