The Best Top 3 Exxon Mobil Shareholders
Exxon Mobil Corporation (XOM) is one of the largest publicly traded oil and gas companies in the world, with a market capitalization of noviembre 341.54 billion as of November 2, 2018. Exxon Mobil was founded in 1870 and is the main corporate descendant of Standard Oil Company. The oil and gas company is also one of the seven major oil companies that dominated the oil industry from the 1940s to the 1970s, called The “Seven Sisters”.”
Exxon Mobil posted Q3 2018 earnings on November 2, 2018. The company reported $ 76.6 billion in revenue this quarter, up from 2 27, 2018, compared to $ 66.2 billion in the same period last year.
The three largest individual shareholders of Exxon Mobil are all current or former executives of the company. We’ve also given Rex Tillerson, former Exxon Mobil CEO and Secretary of State under the Trump administration until March 2018, an honorable mention.
Exxon Mobil market capitalization as of November 2, 2018.
Michael Dolan served as senior vice president of Exxon Mobil from 2008 until his retirement from the company in August 2018. Dolan’s career at Exxon began 38 years ago as a research engineer in Paulsboro, NJ. After holding several positions in New Jersey, Dolan was transferred to Mobil Australia to become the technical manager of the company’s refining operations. Dolan eventually became vice president and general manager of Mobil’s petrochemical operations in the Americas, just prior to the merger of Exxon and Mobil in 1999.
After the corporate merger, Dolan became the Middle East and Africa Regional director of Exxon Mobil Chemical Company. He later served as executive vice president of Exxon Mobil Saudi Arabia, and vice president of Exxon Mobil, before assuming the position of Vice President. Dolan is the largest individual shareholder in Exxon Mobil’s stock according to a February 6, 2018 filing with the SEC. The former senior vice president owns approximately 1.1 million shares of the company directly and another 12.1 million shares indirectly through a company savings plan.
Senior vice president and Chief Financial Officer Andrew P. Swinger joined Exxon Mobil in 1978 as an engineer in Louisiana. Over the course of 40 years, Swiger has held numerous positions in the company’s global operations, including a general manager at Exxon Mobil’s main plant in Singapore, a vice president of production for the African and European regions at the company’s London office, and an executive vice president of production for ExxonMobil in Texas.
According to Swiger’s last filing with the SEC on November 29, 2017, he is the company’s second largest individual shareholder with 944,298 shares held directly and 18.8 million shares held indirectly through a company savings plan.
Andrew Swiger earned a bachelor’s degree in petroleum engineering from the Colorado School of Mines.
A Texas man since childhood, former senior vice president Mark Albers graduated from Texas A & M and joined Exxon Mobile shortly after in 1979. In his time with the company, Albers has held a number of managerial positions around the world, including technical manager in Australia and Alaska interests manager. In 2004, Albers became president of ExxonMobil Development at the Texas headquarters, and shortly thereafter was elected to the Senior VP position.
Albers is a board member of the United States Council for International Business, and on the board of the National Action Council for minorities in engineering. Albers announced the end of his 38-year career with the company on April 1, 2018. As of November 29, 2018, Albers remains the company’s third largest individual shareholder, with 878,722 shares of Exxon Mobil held directly and 23 million shares held indirectly through a company savings plan.
Albers earned a bachelor’s degree in petroleum engineering from Texas A&M.
Rex Tillerson started at Exxon in 1975 as a production engineer and took over as president and CEO just over 30 years later in 2006. Tillerson has a long and distinguished history at Exxon Mobil, holding positions at various levels and locations within the company. In 1989, he was appointed general manager of the Central Production Division of Exxon Company U. S. A., overseeing oil and gas production in the critical areas of Texas and Oklahoma. His work earned him the position of Production Advisor at Exxon in 1992. Tillerson’s work with the company took him abroad as president of Exxon Yemen Inc.
In 1998, he went on to become the chairman of Exxon Neftegas Ltd. and vice president of Exxon Ventures Inc., where he handled Exxon’s affairs in Russia. Prior to assuming his current position at the company, Tillerson also served as executive vice president of Exxon Mobil Development Company, Senior Vice President of Exxon Mobil, and president of Exxon Mobil.
Tillerson was selected by then-President-elect Donald Trump to serve as his Secretary of State and received a Jub 180 million retirement package from Exxon Mobil. Tillerson, the company’s former largest individual shareholder, sold all of his shares in the company, including stock options for the future. Although Tillerson is no longer a shareholder, the former CEO’s influence over the company and the country has been massive.