Exxon Mobil logo and stock graph are seen through a magnifier displayed in this illustration taken September 4, 2022.
Garland is a recognized figure in the energy sector, with more than ten years of executive experience. He served as chairman and chief executive officer of Phillips 66 (PSX.N) from 2012 to 2022, overseeing the company’s operations in refining, midstream, and chemicals. Before that, he was the CEO of Chevron Phillips Chemical Company from 2008 to 2010, where he guided strategic growth initiatives and operational development.
Exxon Mobil stated that Garland’s addition to the board aligns with its ongoing efforts to enhance governance and bring diverse industry perspectives into its leadership. His background in refining and petrochemicals is expected to support Exxon Mobil’s strategies in energy production, sustainability, and technological innovation.
The company emphasized that Garland’s experience managing large-scale refining and chemical businesses will contribute to the board’s expertise in advancing operational efficiency and long-term value creation. His deep understanding of global markets and energy infrastructure is anticipated to strengthen Exxon Mobil’s competitiveness as it continues its development of traditional and emerging energy solutions.
Garland’s tenure at Phillips 66 was marked by steady financial performance, strategic expansion in midstream and chemical segments, and a focus on safety and environmental management. His leadership in integrated energy operations is expected to complement Exxon Mobil’s global portfolio, which includes upstream, downstream, and low-carbon initiatives.
Exxon Mobil, headquartered in Texas, is one of the world’s largest publicly traded energy companies. It engages in oil and gas exploration, production, refining, and chemical manufacturing. The company continues to expand its investments in both conventional and low-emission energy projects while maintaining a focus on long-term shareholder value.
The appointment of Gregory Garland underscores Exxon Mobil’s commitment to board renewal and leadership diversity, ensuring that the company remains well-positioned to address evolving industry challenges and market opportunities. His extensive experience across multiple segments of the energy value chain is expected to provide valuable insights as the company advances its global operations and strategic objectives.
