ExxonMobil Restructures for Global Efficiency
Update: 2025-11-05
Description
ExxonMobil Unveils Major Restructuring: Centralizing Operations for Enhanced Efficiency and Low-Carbon InitiativesIn a significant move, ExxonMobil announces a global restructuring, set to commence in 2026. The company will centralize its operations into ExxonMobil Global Operations, aiming to boost efficiency and improve project execution across Product Solutions, Low Carbon Solutions, and Upstream businesses. Jon M. Gibbs and Staale Gjervik will lead the new structure, with Gibbs becoming Senior President and Gjervik taking over as President of ExxonMobil Global Projects Company. This reorganization reflects ExxonMobil's commitment to execution excellence and supports its energy transition goals, including cutting greenhouse gas emissions intensity by up to 30% by 2030.
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