ExxonMobil Reports Director Jeffrey W. Ubben Not Seeking Re-election
Summary
On February 18, 2026, Mr. Jeffrey W. Ubben announced his intention not to stand for re-election to the ExxonMobil board of directors at the annual meeting of shareholders on May 27, 2026. Mr. Ubben will remain on the board and continue to serve until the annual meeting. His decision is for reasons unrelated to the company.
Why It Matters
The departure of Mr. Ubben, who served for five years, is notable given his "deep expertise in returns-driven, environmentally focused investing" which helped reinforce the company's strategic thinking, as stated by Chairman and CEO Darren Woods.
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Key Quote
“Ubben announced his intention not to stand for re-election to the board at the annual meeting of shareholders on May 27, 2026, for reasons unrelated to the company.”
— From Item 5.02
Filing Details
Reported Items
Additional Information
- CIK Number
- 0000034088
- Filing Date
- Friday, February 20, 2026
- Filing Time
- 12:00 AM UTC
- Form Type
- 8-K
- Materiality Level
- high
- Sentiment
- neutral