ExxonMobil Lead Director to retire
Published by Abi Larkin,
Editorial Assistant
Energy Global,
The board of directors of ExxonMobil have announced that Lead Independent Director Kenneth C. Frazier has stated his intention not to stand for re-election to the board at the annual meeting of shareholders on May 25.
Joseph (Jay) L. Hooley, former Chairman and CEO of State Street Corp. and ExxonMobil Director since 2020, has been selected by the Independent Directors to serve as Lead Director, effective after the annual meeting.
Frazier, Executive Chairman and former Chairman and CEO at Merck & Co, will remain as Independent Lead Director until the annual meeting. He was appointed to the role in 2020, and has been a member of the board since 2009. The role of the Lead Director has broad oversight responsibilities that were strengthened under Frazier’s leadership.
For more news and technical articles from the global renewable industry, read the latest issue of Energy Global magazine.
Energy Global's Spring 2022 issue
The Spring 2022 issue of Energy Global includes a range of technical articles on energy storage, wind, solar, waste-to-energy, and more. In addition, this issue also features a regional report on the renewable energy market in Asia.
Read the article online at: https://www.energyglobal.com/special-reports/06042022/exxonmobil-lead-director-to-retire/
You might also like
Infinigen Renewables announces solar+battery storage project in Puerto Rico
Infinigen Renewables and ArcLight Capital Partners have announced a 15 MW storage project paired with a 32 MW solar project in the Yabucoa Municipality of Puerto Rico.