Beyond the pandemic, we've faced global concerns about climate change and tremendous turbulence in politics and society around the world. Woods leadership style helps promote collaboration within the company, allowing employees to work together to come up with innovative solutions. Darren Woods is an exemplary leader who is transforming ExxonMobil into one of the most successful energy companies in the world today. The accord commits nations to cutting greenhouse gas emissions. Thanks to his ongoing efforts, ExxonMobil is generally consider to be a leader among oil and gas companies. It is based on a noble, worthy contribution which we are uniquely suited for, and that is helping advance growth in global prosperity through innovative solutions that meet societys greatest needs. Darren Woods is the Chief Executive Officer of ExxonMobil, one of the worlds largest and most successful energy companies. The board of directors of Exxon Mobil Corporation congratulates Rex W. Tillerson, chairman and chief executive officer, on his nomination for the position of U.S. secretary of state, Suzanne McCarron, Exxons vice president of public and government affairs, said. Woods joined Exxon in 1992 as a planning analyst and was appointed a vice president of Exxon Mobil Corporation in 2012. The market is not willing to reward Exxon for spending today in hopes that it will bring good returns tomorrow.. Exxon faced a difficult 2020. To accomplish this mission, we've set three high-level objectives: To meet these objectives, we focused on three key priorities: A first step was better organizing our businesses to improve visibility and accountability across value chains in order to improve decision making, speed, and end-to-end ownership of results. Most investors like Exxon, but they like other companies better, said Mark Stoeckle, chief executive of Adams Funds, which owns about $100 million in Exxon shares. When I was given the job, Rex didnt offer it, he just told me, this is your new job,' Woods remembers. Just as this goliath oil tanker of a business was getting turned around, the global pandemic struck, throwing every industrys planned future into jeopardy. The chair of the Congressional committee taking Woods' testimony likened Woods' denial to the decades' long lies by the American tobacco industry denying that nicotine is addictive. Soon after I joined Exxon, I was talking to the HR people and they were telling me about this philosophy behind a successful career pension plans, all that kind of stuff, he recounts. Stay up to date with what you want to know. His focus on customer-centricity has also allowed ExxonMobil to become more customer-focused and deliver exceptional value for its customers. Talk about your stomach falling through your feet, he laments. The pair met during Darren's time at University and started dating soon after. [6] Prior to becoming CEO, Woods ran the refining and chemical divisions of the company, which delivered the majority of ExxonMobil's $7.8 billion net income in 2016. So he's instead positioned this whole strategy in terms of what's actually financially good for the company as well in the long term. I told him, well I dont really want it. However he does like to take on other topics involving some of his personal interests like automobiles, future technologies, and anything else that could change the world. Fully leveraging our corporate competitive advantages; Leading industry in hard-to-decarbonize emissions reductions. It brings back to mind for me, an interview I read a year or two ago, from one of the big tobacco companies, when they said that they were investing in bringing about a smokeless future.This is kind of ExxonMobil and Darren himself getting ahead of the wave of discontent on the investor front, the consumer front, the market and geopolitical front, to say actually we are part of the solution here. If thats what it takes to get ahead, then Im going to get fired. She nervously acknowledged him, saying, okayjust let me know when it happens!. In 2008, he was named ExxonMobil Refining and Supply Companys director of refining for Europe, Africa, and the Middle East, and was based in Brussels. Access your favorite topics in a personalized feed while you're on the go. If I searched Darren's name in a year's time, what would he be saying? After two years, however, it became clear that to be a successful engineer, you had to be part of a successful business.. He joined Experian plc as Chief Financial Officer in April 2012, a post he held until his appointment as Chief Executive Officer in July 2014. Given that ExxonMobil is the world's largest publicly traded oil company, the strategic decisions have . Our strategy to focus on performance products and lead in each product category continues to pay off. Now I lead a team of 105 passionate professionals, who work together to connect New Zealand business with their digital goals. Over our 135-year history, weve always demonstrated a way to evolve and adapt to meet the needs of society, and I've never been more excited about our opportunity to lead and grow. Some of his fondest childhood memories took place on the Korean peninsula, although, those experiences were eventually followed by several formative years in the Philippines.