Exxon Mobil Names Kathryn Mikells CFO
July 19 2021 - 10:15AM
Dow Jones News
By Matt Grossman
Exxon Mobil Corp. has hired Kathryn Mikells as its next chief
financial officer, succeeding 43-year company veteran Andrew Swiger
as the company's top financial executive.
Ms. Mikells will take over as the energy giant's CFO Aug. 9, the
company said. She previously served as CFO of Diageo PLC, a British
beverage company, since 2015. Before that, Ms. Mikells did stints
as the CFO of Xerox Holdings Corp., Automatic Data Processing Inc.
and United Airlines Holdings Inc.
Mr. Swiger has worked at Exxon Mobil since 1978, when he started
as an operations engineer in Morgan City, La. In the 1990s he
became the general manager of a refinery and petrochemical plant in
Singapore, before taking over as president and general manager of
Mobil Oil Canada. He later served as production vice president for
Africa, and production vice president for the Europe, Caspian and
Russian region.
Mr. Swiger became the president of ExxonMobil Gas & Power
Marketing in 2006. Seven years later, he was named principal
financial officer.
Ms. Mikells will take over as CFO amid increased pressure on the
company over how it confronts concerns about climate change. In
recent months, activist hedge fund Engine No. 1 won Exxon board
seats, despite owning a small fraction of the company's stock,
after arguing the company should commit to carbon neutrality by
2050.
Write to Matt Grossman at matt.grossman@wsj.com
(END) Dow Jones Newswires
July 19, 2021 10:08 ET (14:08 GMT)
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